Company Registration No. 09878149 (England and Wales)
Tarjan Investments Limited
Unaudited accounts
for the year ended 31 March 2024
Tarjan Investments Limited
Unaudited accounts
Contents
Tarjan Investments Limited
Company Information
for the year ended 31 March 2024
Directors
Henrietta, GREWAL
Manohar Singh, GREWAL
Company Number
09878149 (England and Wales)
Registered Office
53 FULMER DRIVE
GERRARDS CROSS
BUCKINGHAMSHIRE
SL9 7HG
UNITED KINGDOM
Tarjan Investments Limited
Statement of financial position
as at 31 March 2024
Tangible assets
2,010
3,025
Investment property
1,489,761
1,489,761
Cash at bank and in hand
60,380
31,718
Creditors: amounts falling due within one year
(1,340,953)
(1,376,045)
Net current liabilities
(1,278,214)
(1,341,042)
Net assets
213,557
151,744
Called up share capital
100
100
Profit and loss account
213,457
151,644
Shareholders' funds
213,557
151,744
For the year ending 31 March 2024 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2024 and were signed on its behalf by
Manohar Singh, GREWAL
Director
Company Registration No. 09878149
Tarjan Investments Limited
Notes to the Accounts
for the year ended 31 March 2024
Tarjan Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 09878149. The registered office is 53 FULMER DRIVE, GERRARDS CROSS, BUCKINGHAMSHIRE, SL9 7HG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tarjan Investments Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Computer equipment
Fair value at 1 April 2023
1,489,761
At 31 March 2024
1,489,761
The investment property comprises land and premises at 8 Burkes Parade, Beaconsfield. The fair value of the investment property has been arrived at on the basis of the director's valuation. The directors are of the opinion, that at 31 March 2024, there was no material difference between costs and fair value.
Amounts falling due within one year
Accrued income and prepayments
2,359
2,085
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
13,559
-
Other creditors
2,557
2,758
Loans from directors
1,309,451
1,357,451
8
Transactions with related parties
The following amounts were outstanding at the reporting end date: £1,309,451 (2023: £1,357,451).
The amounts owed to related parties is an interest free loan from the director and the loan is
repayable on demand.
Tarjan Investments Limited
Notes to the Accounts
for the year ended 31 March 2024
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).