Selcuk Holdings Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08262779

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		3,050,000		3,050,000
Investments	5		1		1

			3,050,001		3,050,001
CURRENT ASSETS
Debtors	6	22,947		4,269
Cash at bank and in hand		25,222		48,940

		48,169		53,209
Creditors: Amounts Falling Due Within One Year	7	(485,470 )		(446,731 )

NET CURRENT ASSETS (LIABILITIES)			(437,301 )		(393,522 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,612,700		2,656,479

Creditors: Amounts Falling Due After More Than One Year	8		(1,865,460 )		(1,865,460 )

NET ASSETS			747,240		791,019

CAPITAL AND RESERVES
Called up share capital	9		1,000		1,000
Revaluation reserve	11		767,739		767,739
Profit and Loss Account			(21,499 )		22,280

SHAREHOLDERS' FUNDS			747,240		791,019

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Selcuk Holdings Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

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

On behalf of the board

Mr Engin Selcuk

Director

05/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Selcuk Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08262779 . The registered office is Norwood Cottage, Eastchurch Road, Eastchurch, Sheerness, Kent, ME12 4HP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold

2.4. 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 directors, during the year was: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Freehold
	£
Cost
As at 1 November 2024	3,138,350

As at 31 October 2025	3,138,350

Depreciation
As at 1 November 2024	88,350

As at 31 October 2025	88,350

...CONTINUED

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Selcuk Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

Net Book Value
As at 31 October 2025	3,050,000

As at 1 November 2024	3,050,000

5. Investments

	Unlisted
	£
Cost or Valuation
As at 1 November 2024	1

As at 31 October 2025	1

Provision
As at 1 November 2024	-

As at 31 October 2025	-

Net Book Value
As at 31 October 2025	1

As at 1 November 2024	1

Shares in Group Undertakings

ES Property Management Limited - 100% of Ordinary Shares

Registered office: Norwood Cottage, Eastchurch Road, Sheerness ME12 4JX

Nature of business: Property Rental and Management

31.10.2023

Aggregate capital and reserves £15,115.

Profit for the year £6,337.

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	4,552	2,347
Other debtors (1)	20,850	-
Amounts owed by subsidiaries	(2,455 )	1,922

	22,947	4,269

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	(1 )	(1 )
Director's loan account	485,471	446,732

	485,470	446,731

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

	2025	2024
	£	£
Bank loans	1,865,460	1,865,460

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Selcuk Holdings Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

10. Dividends

	2025	2024
	£	£
On equity shares:
Final dividend paid	37,000	37,000

11. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 November 2024	767,739	22,280
Loss for the year and total comprehensive income	-	(6,779 )

Dividends paid	-	(37,000)

As at 31 October 2025	767,739	(21,499 )

12. Related Party Transactions

During the year the Company charged ES Property Management Ltd (a wholly owned subsidiary) £95,000 (2023, £90,000) in respect of property licences. At 31.10.2022 the subsidiary owed Selcuk Holdings Ltd £1922 (2023 £4492 ))

13. Ultimate Controlling Party

The company's ultimate controlling party is Mr Engin Selcuk by virtue of his ownership of 100% of the issued share capital in the company.

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