REGISTERED NUMBER: 12613902 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Kirk Property Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr D Kirk

REGISTERED OFFICE:

Hornbeam Business Park Unit K

Hornbeam Road

North Walsham

Norfolk

NR28 0FX

REGISTERED NUMBER:

12613902 (England and Wales)

ACCOUNTANTS:

H&M Accountancy Solutions Ltd

Nelson House

13 Mundesley Road

North Walsham

Norfolk

NR28 0DA

FIXED ASSETS

Tangible assets

4

47,955

44,098

Investment property

5

1,916,677

1,916,677

1,964,632

1,960,775

CURRENT ASSETS

Debtors

6

13,854

14,427

Cash at bank

5,518

3,606

19,372

18,033

CREDITORS

Amounts falling due within one year

7

26,355

5,295

NET CURRENT (LIABILITIES)/ASSETS

(6,983

)

12,738

TOTAL ASSETS LESS CURRENT LIABILITIES

1,957,649

1,973,513

CREDITORS

Amounts falling due after more than one year

8

(1,541,231

)

(1,544,731

)

PROVISIONS FOR LIABILITIES

9

(118,866

)

(118,866

)

NET ASSETS

297,552

309,916

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

305,236

305,236

Retained earnings

(7,784

)

4,580

SHAREHOLDERS' FUNDS

297,552

309,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 July 2026 and were signed by:

Mr D Kirk - Director

1.	STATUTORY INFORMATION

Kirk Property Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Depreciation:

Plant & Machinery - 25% reducing balance

Fixtures & Fittings - 25% reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 June 2025

30,059

66,119

96,178

Additions

15,789

4,071

19,860

Disposals

(14,956

)

-

(14,956

)

At 31 May 2026

30,892

70,190

101,082

DEPRECIATION

At 1 June 2025

21,850

30,230

52,080

Charge for year

3,416

9,481

12,897

Eliminated on disposal

(11,850

)

-

(11,850

)

At 31 May 2026

13,416

39,711

53,127

NET BOOK VALUE

At 31 May 2026

17,476

30,479

47,955

At 31 May 2025

8,209

35,889

44,098

Depreciation - 25% reducing balance

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

and 31 May 2026

1,916,677

NET BOOK VALUE

At 31 May 2026

1,916,677

At 31 May 2025

1,916,677

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

4,000

4,501

Prepayments

9,854

9,926

13,854

14,427

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade creditors

22,868

594

Tax

(15

)

(15

)

Social security and other taxes

(625

)

1,227

VAT

2,727

2,054

Accrued expenses

1,400

1,435

26,355

5,295

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Other creditors

459,974

474,974

Directors' loan accounts

1,081,257

1,069,757

1,541,231

1,544,731

9.	PROVISIONS FOR LIABILITIES

31.5.26

31.5.25

£

£

Deferred tax

Accelerated capital allowances

118,866

118,866

Deferred

tax

£

Balance at 1 June 2025

118,866

Balance at 31 May 2026

118,866

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.26

31.5.25

value:

£

£

100

Ordinary

1

100

100

11.

RESERVES

Fair

value

reserve

£

At 1 June 2025

and 31 May 2026

305,236

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2026 and 31 May 2025:

31.5.26

31.5.25

£

£

Mr D Kirk

Balance outstanding at start of year

1,069,757

1,028,997

Amounts advanced

12,500

40,760

Amounts repaid

(1,000

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,081,257

1,069,757

13.	RELATED PARTY DISCLOSURES

At the end of the year, the company had loans totalling £403,000 (2025 - £403,000 from Suishui

Limited, a company of which Mr D Kirk is a director.

Mr A Kirk, a shareholder of the company, also has a loan of £56,974 (2025 - £71,974). Both amounts are included within other creditors due over one year.