TAIBAT PROPERTIES LTD

Company Registration Number:
10665440 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TAIBAT PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

TAIBAT PROPERTIES LTD

Company Information

for the Period Ended 31 March 2024




Director: okikiola imam
Registered office: 38
Charlestown Way
Hull
England
HU9 1PJ
Company Registration Number: 10665440 (England and Wales)

TAIBAT PROPERTIES LTD

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
okikiola imam

This report was approved by the board of directors on 3 December 2024
And Signed On Behalf Of The Board By:

Name: okikiola imam
Status: Director

TAIBAT PROPERTIES LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 1,510,000 1,508,000
Total fixed assets: 1,510,000 1,508,000
Current assets
Cash at bank and in hand: 40,000 25,000
Total current assets: 40,000 25,000
Creditors: amounts falling due within one year: ( 16,000 )
Net current assets (liabilities): 40,000 9,000
Total assets less current liabilities: 1,550,000 1,517,000
Creditors: amounts falling due after more than one year: ( 945,000 ) ( 952,500 )
Total net assets (liabilities): 605,000 564,500

The notes form part of these financial statements

TAIBAT PROPERTIES LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 50,000 50,000
Revaluation reserve: 5 555,000 514,500
Shareholders funds: 605,000 564,500

For the year ending 31 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

This report was approved by the board of directors on 3 December 2024
And Signed On Behalf Of The Board By:

Name: okikiola imam
Status: Director

The notes form part of these financial statements

TAIBAT PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TAIBAT PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

TAIBAT PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

TAIBAT PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible Assets

Total
Cost £
At 01 April 2023 1,508,000
Additions 2,000
Disposals (0)
Revaluations 0
Transfers 0
At 31 March 2024 1,510,000
Depreciation
At 01 April 2023 0
Charge for year 0
On disposals (0)
Other adjustments 0
At 31 March 2024 0
Net book value
At 31 March 2024 1,510,000
At 31 March 2023 1,508,000

TAIBAT PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Revaluation reserve


2024
£
Balance at 01 April 2023 514,500
Surplus or deficit after revaluation 40,500
Balance at 31 March 2024 555,000