VK PROPERTY STREAM LTD Accounts






VK PROPERTY STREAM LTD

	Company No. 10495443
		Information for Filing with The Registrar
		30 November 2025

The Director presents his report and the accounts for the year ended 30 November 2025.

Principal activities
The principal activity of the company during the year under review was 68100 - Buying and selling of own real estate.




Director

The Director who served at any time during the year was as follows:

V. KRYSHINETS









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

V. KRYSHINETS
Director
13 August 2026

at	30 November 2025
Company No.		10495443	Notes	2025	2024
				£	£
Fixed assets


	Investment property		5	4,743,916	4,405,211

				4,743,916	4,405,211
Current assets



	Cash at bank and in hand			108,334	40,530
				108,334	40,530
Creditors: Amount falling due within one year			6	(822,946)	(732,044)
Net current liabilities				(714,612)	(691,514)
Total assets less current liabilities				4,029,304	3,713,697
Creditors: Amounts falling due after more than one year			7	(3,461,410)	(3,193,546)



Net assets				567,894	520,151

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		10	567,893	520,150

Total equity				567,894	520,151



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 13 August 2026 and signed on its behalf by:
V. KRYSHINETS
Director
13 August 2026

for the year ended 30 November 2025

General information

VK PROPERTY STREAM LTD is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 10495443

Its registered office is:

17 Holly Road

Northampton

NN1 4QL

The accounts have been prepared in accordance and comply with FRS 102 and Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Going concern

These financial statements have been prepared on a going concern basis.
The company is a property investment business whose principal assets are freehold investment properties, operated as houses in multiple occupation, which are held for the long term and let to tenants. At 30 November 2025 the company had net current liabilities of £699,950 (2024: £691,514). This position arises principally because the company is financed in part by loans from its directors of £780,136, which are repayable on demand and are therefore included within creditors falling due within one year; the company's external bank borrowings are largely long term, being interest-only commercial mortgages secured on the properties.
The directors have confirmed that they will continue to make finance available to the company and will not seek repayment of their loans of £780,136 for a period of at least twelve months from the date of approval of these financial statements. Taking this continued support into account, together with the company's recurring rental income and the substantial surplus of the property portfolio's value (£4,743,916) over its external borrowings (£3,471,409), the directors consider that the company will be able to meet its liabilities as they fall due. The directors have prepared cash flow forecasts covering a period of at least twelve months from the date of approval of these financial statements.
Having made appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing these financial statements.

Accounting policies

Revenue recognition

Turnover represents rental income receivable from the letting of the company's residential investment properties, which are operated as houses in multiple occupation (HMOs). The individual rooms and units within the properties are let to tenants under separate tenancy agreements with differing rental amounts and payment terms, rent generally being payable monthly. Rental income is recognised in profit or loss over the period of each tenancy in accordance with Section 20 'Leases' of FRS 102; for the monthly tenancies in place, this represents the rent falling due in respect of the reporting period. Rental income from residential lettings is exempt from value added tax.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Research and development costs

Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

Work in progress is reflected in the accounts on a contract by contract basis by recording revenue and related costs as contract activity progresses.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	1	0

4	Taxation
		(a) Tax on profit on ordinary activities	2025	2024
		The tax charge is made up as follows:	£	£
		UK corporation tax
		Charge for the period	14,662	10,715

		Total corporation tax	14,662	10,715





		Tax on profit on ordinary activities	14,662	10,715

		(b) Factors affecting the total tax charge for the period
		The tax assessed for the year is lower than the standard rate of corporation tax in the UK. The differences are reconciled below:
		Lower	2025	2024
		-939	£	£
		Profit on ordinary activities before tax	62,405	47,508

		Standard rate of corporation tax in the United Kingdom	25%	25%

		Profit on ordinary activities multiplied by standard rate of corporation tax in the United Kingdom	15,601	11,877
		Expenses not deductible for tax purposes	(939)	(1,162)




		Tax on profit on ordinary activities	14,662	10,715

5	Investment property
			Freehold Investment Property
			£
		Valuation
		At 1 December 2024	4,405,211
		Additions	338,705


		At 30 November 2025	4,743,916

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

		Bank loans and overdrafts	10,000	10,000




		Taxes and social security	14,662	10,715
		Loans from directors	780,136	693,173
		Other creditors	-	16,756
		Accruals and deferred income	18,148	1,400
			822,946	732,044

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

		Bank loans and overdrafts	3,461,410	3,193,546






			3,461,410	3,193,546

		Liabilities repayable in more than five years after the balance sheet date

		Amount repayable otherwise than by instalments	3,453,195	3,180,560
			3,453,195	3,180,560



		The company has no lease liabilities. The investment properties are held freehold, and the company acts as lessor of the properties it lets rather than as lessee.

8	Creditors: secured liabilities
			2025	2024
			£	£
		The aggregate amount of secured liabilities included within creditors	3,453,195	3,180,560

		The commercial mortgages of £3,453,195 (2024: £3,180,560) are secured by fixed legal charges over the company's freehold investment properties. Certain of the mortgage deeds also contain negative pledges preventing the company from creating further charges over, or disposing of, the charged properties without the prior consent of the lender. The mortgages are interest-only, with the capital repayable in a single instalment at the end of each facility's term, more than five years after the balance sheet date

Share Capital

Ordinary share 1 at £1 fully paid

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.