OJK Properties Limited - Filleted accounts

Registered number

13706236

OJK Properties Limited

Unaudited Filleted Accounts

31 October 2025

OJK Properties Limited
Registered number:		13706236
Balance Sheet
as at 31 October 2025

Notes			2025			2024
£				£
Fixed assets
Investment property	4		357,071			357,071

Current assets
Debtors	5	1,565			1,565
Cash at bank and in hand		1,314			1,211
		2,879			2,776

Creditors: amounts falling due within one year	6	(83,711)			(88,866)

Net current liabilities			(80,832)			(86,090)

Total assets less current liabilities			276,239			270,981

Creditors: amounts falling due after more than one year	7		(280,204)			(275,987)

Net liabilities			(3,965)			(5,006)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(3,966)			(5,007)

Shareholder's funds			(3,965)			(5,006)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr O J Kristall
Director
Approved by the board on 31/07/2026.

OJK Properties Limited
Notes to the Accounts
for the year ended 31 October 2025


1	Statutory information

	OJK Properties Limited is a private company, limited by shares, registered in England and Wales.

	The company's registered number and registered office address are as below:

	Registered number:	13706236

	Registered office:	51 Highmeadow
		Radcliffe
		Manchester
		M26 1YN

	The presentation currency of the financial statements is the Pound Sterling, which is the functional currency of the company, rounded to the nearest £1.


2	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including 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 represents rents received and receivable, excluding VAT.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing the financial statements.

	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.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.


2	Accounting policies (continued)

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

	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.

	Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


3	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


4	Investment property
Total
£
	Fair value
	At 1 November 2024				357,071

	At 31 October 2025				357,071

	Historical cost
	At 1 November 2024				357,071
	At 31 October 2025				357,071

	The investment property was valued on an open market basis on 31 October 2025 by the director.


5	Debtors		2025		2024
£				£

	Trade debtors		65		65
	Other debtors		1,500		1,500
			1,565		1,565


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Accruals and deferred income		1,561		960
	Director's current account		80,406		86,406
	Taxation and social security costs		244		-
	Other creditors		1,500		1,500
			83,711		88,866


7	Creditors: amounts falling due after one year		2025		2024
£				£

	Bank loans		280,204		275,987


8	Loans		2025		2024
£				£
	Creditors include:
	Instalments falling due for payment after more than five years		280,204		275,987


	Secured bank loans		280,204		275,987

	Bank loans are secured over the properties to which they relate.


9	Related party transactions

	During the year £Nil (2024: £91) was advanced from and £6,000 (2024: £6,000) was repaid to the director of the company. An amount of £80,406 (2024: £86,406) remained due to the director at the year end.