TAKO PROPERTIES LIMITED

Company Registration Number:
13347354 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

TAKO PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

TAKO PROPERTIES LIMITED

Company Information

for the Period Ended 30 April 2024




Director: Owoyemi FOWOSIRE
Registered office: Owoyemi Olayide Fowosire
12 Devonshire Park
Reading
Berkshire
GBR
RG2 7DX
Company Registration Number: 13347354 (England and Wales)

TAKO PROPERTIES LIMITED

Directors' Report Period Ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal Activities

The company's principal activity during the period was providing property letting services.

Directors

The directors shown below have held office during the whole of the period from 01 May 2023 to 30 April 2024
Owoyemi FOWOSIRE

This report was approved by the board of directors on 27 January 2025
And Signed On Behalf Of The Board By:

Name: Owoyemi FOWOSIRE
Status: Director

TAKO PROPERTIES LIMITED

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 146,665 146,665
Total fixed assets: 146,665 146,665
Current assets
Debtors: 5 249 594
Cash at bank and in hand: 88 7
Total current assets: 337 601
Creditors: amounts falling due within one year: 6 ( 400 ) ( 400 )
Net current assets (liabilities): ( 63 ) 201
Total assets less current liabilities: 146,602 146,866
Creditors: amounts falling due after more than one year: 7 ( 147,664 ) ( 149,396 )
Total net assets (liabilities): ( 1,062 ) ( 2,530 )

The notes form part of these financial statements

TAKO PROPERTIES LIMITED

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 1,063 ) ( 2,531 )
Shareholders funds: ( 1,062 ) ( 2,530 )

For the year ending 30 April 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.

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 27 January 2025
And Signed On Behalf Of The Board By:

Name: Owoyemi FOWOSIRE
Status: Director

The notes form part of these financial statements

TAKO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 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

    Turnover policy

    Turnover represents amounts receivable on the provision of services, net of VAT, and trade discounts on services falling within the company’s ordinary activities.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost, less depreciation and impairment. Depreciation has been provided at the following rates to write off the assets over their estimated useful lives:
    Plant & machinery 25%
    Motor vehicles 25%
    Fixtures & fittings 25%
    Computer equipment 25%
    Land and buildings 0%

    Other accounting policies

    Deferred taxation is provided at appropriate rates on all timing differences using the liability method only to the extent that, in the directors' opinion, there is a reasonable probability that a liability or asset will crystallise in the foreseeable future.

TAKO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

TAKO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

TAKO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 May 2023 146,665 146,665
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 April 2024 146,665 146,665
Depreciation
At 01 May 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 April 2024 - -
Net book value
At 30 April 2024 146,665 146,665
At 30 April 2023 146,665 146,665

TAKO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Debtors


2024
£

2023
£
Other debtors 249 594
Total 249 594

TAKO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Accruals and deferred income 400 400
Total 400 400

TAKO PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 104,960 104,960
Other creditors 42,704 44,436
Total 147,664 149,396