HKSF Property LLP

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: OC431494

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		725,000

			-		725,000
CURRENT ASSETS
Debtors	5	35,476		1,932

		35,476		1,932
Creditors: Amounts Falling Due Within One Year	6	-		(2,694 )

NET CURRENT ASSETS (LIABILITIES)			35,476		(762 )

TOTAL ASSETS LESS CURRENT LIABILITIES			35,476		724,238

Creditors: Amounts Falling Due After More Than One Year	7		-		(413,989 )

NET ASSETS ATTRIBUTABLE TO MEMBERS			35,476		310,249

REPRESENTED BY:
Loans and other debts due to members within one year
Members' capital classified as a liability		35,476		309,570
Other amounts		-		679

			35,476		310,249

			35,476		310,249

TOTAL MEMBERS' INTEREST
Amounts due from members			(35,476)		(1,352)
Loans and other debts due to members within one year			35,476		310,249

			-		308,897

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HKSF Property LLP

Balance Sheet (continued)

As At 5 April 2026

For the year ending 5 April 2026 the LLP was entitled to exemption from audit under section 477 of the Companies Act 2006 (as applied by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 applicable to LLPs subject to the small LLPs regime.)

The members acknowledge their responsibilities for complying with the requirements of the Act (as applied to LLPs) with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

The LLP has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the LLP's Profit and Loss Account.

On behalf of the members

Adam Charles Wright

Designated Member

7 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

HKSF Property LLP is a limited liability partnership, incorporated in England & Wales, registered number OC431494 . The Registered Office is 27 Ninhams Wood, Orpington, BR6 8NJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with applicable United Kingdom accounting standards, including Financial Reporting Standard 102 for small limited liability partnerships regime - The Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), The Statement of Recommended Practice 'Accounting by Limited Liability Partnerships' issued in May 2024 (SORP) and the Companies Act 2006 (as applied to LLPs).

The financial statements are prepared in sterling which is the functional currency of the LLP.

2.2. Turnover

Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:

Income from investment properties

Rental income from investment properties leased out under an operating lease is recognised in the income statement on a straight-line basis over the term of the lease. Lease incentives granted are recognised as an integral part of the total rental income over the life of the lease.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including members with contracts of employment, during the year was: 2 (2025: 2)

4. Tangible Assets

	Investment Properties
	£
Cost
As at 1 April 2025	725,000
Disposals	(725,000 )

As at 5 April 2026	-

...CONTINUED

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Page 4

HKSF Property LLP

Notes to the Financial Statements (continued)

For The Year Ended 5 April 2026

Net Book Value
As at 5 April 2026	-

As at 1 April 2025	725,000

The investment properties are valued, at balance sheet date, by partners of the LLP based on the assessment of available market information and property condition. The partners believe that their valuation would not be materially different from the professional valuation.

5. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	-	580
Amounts due from members	35,476	1,352

	35,476	1,932

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Accruals and deferred income	-	2,694

7. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	-	413,989

8. Secured Creditors

Of the creditors the following amounts are secured.

	2026		2025
	£		£
Bank loans and overdrafts	-		413,989

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