KHK Developments Ltd

KHK Developments Ltd Accountants' Report For the year ended 31 May 2026
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 May 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. Grove Engineering and Accountancy Resources Limited T/A Grove Accounting 31 May 2026 .................................................... Grove Engineering and Accountancy Resources Limited T/A Grove Accounting Templars House South Deeside Road, Maryculter Aberdeen AB12 5GB 26 October 2026 2

KHK Developments Ltd
Accountants' Report
For the year ended 31 May 2026

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 May 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Grove Engineering and Accountancy Resources Limited T/A Grove Accounting
31 May 2026

....................................................
Grove Engineering and Accountancy Resources Limited T/A Grove Accounting
Templars House
South Deeside Road, Maryculter
Aberdeen
AB12 5GB
26 October 2026

KHK Developments Ltd
Balance Sheet
As at 31 May 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	2,405,061	2,406,989
		2,405,061	2,406,989
Current assets
Debtors	4	19,231	73,658
Cash at bank and in hand		251,438	208,433
		270,669	282,091
Creditors: amount falling due within one year	5	(101,833)	(161,853)
Net current assets		168,836	120,238

Total assets less current liabilities		2,573,897	2,527,227
Creditors: amount falling due after more than one year	6	(2,199,438)	(2,208,602)
Provisions for liabilities	7	12,541	12,541
Net assets		387,000	331,166

Capital and reserves
Called up share capital		100	100
Revaluation Reserves	8	197,631	197,631
Profit and loss account		189,269	133,435
Shareholders' funds		387,000	331,166

For the year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 26 October 2026 and were signed by:

-------------------------------
Kirk Matthew Harrison
Director

KHK Developments Ltd
Notes to the Financial Statements
For the year ended 31 May 2026

General Information

KHK Developments Ltd is a private company, limited by shares, registered in Scotland, registration number SC332744, registration address 150 Union Street, Aberdeen, AB10 1QX.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20% Straight Line
Fixtures and Fittings	20% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 3 (2025 : 0).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£	£
At 01 June 2025	2,400,684	40,655	6,786	2,448,125
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 May 2026	2,400,684	40,655	6,786	2,448,125
Depreciation
At 01 June 2025	-	38,648	2,488	41,136
Charge for year	-	571	1,357	1,928
On disposals	-	-	-	-
At 31 May 2026	-	39,219	3,845	43,064
Net book values
Closing balance as at 31 May 2026	2,400,684	1,436	2,941	2,405,061
Opening balance as at 01 June 2025	2,400,684	2,007	4,298	2,406,989

Debtors: amounts falling due within one year

	2026 £	2025 £
Trade Debtors	395	(1,150)
Other Debtors	850	0
	1,245	(1,150)

Debtors: amounts falling due after one year

	2026 £		2025 £
Real Estate Aberdeen Ltd - Loan	17,986		74,808
	17,986		74,808

Creditors: amount falling due within one year

	2026 £	2025 £
Trade Creditors	6,954	7,373
Taxation and Social Security	16,506	76,107
Other Creditors	78,373	78,373
	101,833	161,853

Creditors: amount falling due after more than one year

	2026 £	2025 £
Bank Loans & Overdrafts	20,621	28,465
Other Creditors	2,178,817	2,180,137
	2,199,438	2,208,602

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	(12,541)		(12,541)
	(12,541)		(12,541)

Revaluation Reserves

	2026 £		2025 £
Revaluation Reserve b/fwd	197,631		197,631
	197,631		197,631