REGISTERED NUMBER: 11557478 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JANUARY 2026

FOR

TAKK PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J S Takk

Mrs N A Takk

REGISTERED OFFICE:

4 Kings Row

Armstrong Road

Maidstone

Kent

ME15 6AQ

REGISTERED NUMBER:

11557478 (England and Wales)

ACCOUNTANTS:

Xeinadin Isle of Wight

1 Langley Court

Pyle Street

Newport

Isle of Wight

PO30 1LA

FIXED ASSETS

Tangible assets

4

386,103

386,516

CURRENT ASSETS

Prepayments and accrued income

18,000

4,000

Cash at bank and in hand

3,135

3,718

21,135

7,718

CREDITORS

Amounts falling due within one year

5

44,187

47,105

NET CURRENT LIABILITIES

(23,052

)

(39,387

)

TOTAL ASSETS LESS CURRENT LIABILITIES

363,051

347,129

CREDITORS

Amounts falling due after more than one year

6

(282,840

)

(289,062

)

PROVISIONS FOR LIABILITIES

8

(379

)

(458

)

NET ASSETS

79,832

57,609

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

79,732

57,509

SHAREHOLDERS' FUNDS

79,832

57,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2026 and were signed on its behalf by:

Mr J S Takk - Director

1.	STATUTORY INFORMATION

Takk Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 31 January 2025

384,107

6,899

-

391,006

Additions

-

-

240

240

At 30 January 2026

384,107

6,899

240

391,246

DEPRECIATION

At 31 January 2025

-

4,490

-

4,490

Charge for year

-

603

50

653

At 30 January 2026

-

5,093

50

5,143

NET BOOK VALUE

At 30 January 2026

384,107

1,806

190

386,103

At 30 January 2025

384,107

2,409

-

386,516

The company owns the unencumbered freehold of the commercial office building 70 High Street, Chatham, Kent and the commercial office building 25 County Road, Maidstone, Kent.

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,211

5,010

Tax

7,366

2,641

Other creditors

15,000

15,000

Directors' current accounts

12,722

20,734

Accrued expenses

3,888

3,720

44,187

47,105

Other creditors amount to a rent deposit of £15,000 (2025: £15,000).

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 1-2 years

5,211

5,010

Bank loans - 2-5 years

15,632

15,030

Bank loans - over 5 years

85,028

91,040

Amounts owed to associates

176,969

177,982

282,840

289,062

2026

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - over 5 years

85,028

91,040

The amount owed to associated company of £176,969 (2025: £177,982) is due to Takk and Company Limited, a company controlled the directors, Mr J Takk and Mrs N Takk.

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

111,082

116,090

The bank loan is secured by way of a fixed charge held over the freehold property, 25 County Road.

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

379

458

Deferred tax

£

Balance at 31 January 2025

458

Provided during year

(79

)

Balance at 30 January 2026

379

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

10.	RELATED PARTY DISCLOSURES

The company received rental income of £24,000 (2025: £24,000) from Takk and Company (Medway) Limited and £24,000 (2025: £24,000) from Takk and Company Limited. These rents are considered to be at open market rate. Mr J Takk and Mrs N Takk, control both of these companies.

11.	ULTIMATE CONTROLLING PARTY

No individual is the ultimate controlling party. The directors are Mr J S Takk and Mrs N A Takk who each own 50% of the issued share capital.