2023-06-01 2024-05-31 false Capium Accounts Production 1.1 14129981 2023-06-01 2024-05-31 14129981 bus:AbridgedAccounts 2023-06-01 2024-05-31 14129981 bus:FRS102 2023-06-01 2024-05-31 14129981 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 14129981 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 14129981 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 14129981 2023-06-01 2024-05-31 14129981 2024-05-31 14129981 bus:RegisteredOffice 2023-06-01 2024-05-31 14129981 core:WithinOneYear 2024-05-31 14129981 core:AfterOneYear 2024-05-31 14129981 1 2023-06-01 2024-05-31 14129981 bus:Director1 2023-06-01 2024-05-31 14129981 bus:Director1 2024-05-31 14129981 bus:Director1 2022-05-25 2023-05-31 14129981 bus:Director2 2023-06-01 2024-05-31 14129981 bus:Director2 2024-05-31 14129981 bus:Director2 2022-05-25 2023-05-31 14129981 2022-05-25 14129981 bus:LeadAgentIfApplicable 2023-06-01 2024-05-31 14129981 2022-05-25 2023-05-31 14129981 2023-05-31 14129981 core:WithinOneYear 2023-05-31 14129981 core:AfterOneYear 2023-05-31 14129981 bus:EntityAccountantsOrAuditors 2022-05-25 2023-05-31 14129981 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 14129981 bus:OrdinaryShareClass1 2024-05-31 14129981 bus:OrdinaryShareClass1 2022-05-25 2023-05-31 14129981 bus:OrdinaryShareClass1 2023-05-31 14129981 core:LandBuildings 2023-06-01 2024-05-31 14129981 core:LandBuildings 2024-05-31 14129981 core:LandBuildings 2023-05-31 14129981 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-05-31 14129981 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-05-31 14129981 core:CostValuation core:Non-currentFinancialInstruments 2024-05-31 14129981 core:CostValuation core:Non-currentFinancialInstruments 2023-05-31 14129981 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-05-31 14129981 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 14129981 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-05-31 14129981 core:Non-currentFinancialInstruments 2024-05-31 14129981 core:Non-currentFinancialInstruments 2023-05-31 14129981 core:ShareCapital 2024-05-31 14129981 core:ShareCapital 2023-05-31 14129981 core:RetainedEarningsAccumulatedLosses 2024-05-31 14129981 core:RetainedEarningsAccumulatedLosses 2023-05-31 14129981 dpl:Item1 2023-06-01 14129981 dpl:Item1 2024-05-31 14129981 dpl:Item1 2022-05-25 14129981 dpl:Item1 2023-05-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 14129981
England and Wales

 

 

 

TACHYON PROPERTIES LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 5 648,952    662,328 
648,952    662,328 
Current assets      
Cash at bank and in hand 15,993    9,402 
Creditors: amount falling due within one year (8,660)   (1,737)
Net current assets 7,333    7,665 
 
Total assets less current liabilities 656,285    669,993 
Creditors: amount falling due after more than one year (676,447)   (676,447)
Net assets (20,162)   (6,454)
 

Capital and reserves
     
Called up share capital 6 100    100 
Profit and loss account (20,262)   (6,554)
Shareholders' funds (20,162)   (6,454)
 


For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 25 February 2025 and were signed on its behalf by:


-------------------------------
Janaradhan CHOKKANI
Director
1
General Information
TACHYON PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 14129981, registration address 21 Montague Crescent, Brooklands, Buckinghamshire, Milton Keynes, MK10 7LN.

The presentation currency is £ sterling.
1.

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.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
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:
Land and Buildings 50 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.

Directors' Emoluments

2024   2023
 

3.

Staff Costs

2024   2023
 
Average number of employees during the year Number   Number
Administration 2   
 

4.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
5.

Tangible fixed assets

Cost or valuation Land and Buildings   Total
  £   £
At 01 June 2023 668,766    668,766 
Additions  
Disposals  
At 31 May 2024 668,766    668,766 
Depreciation
At 01 June 2023 6,438    6,438 
Charge for year 13,376    13,376 
On disposals  
At 31 May 2024 19,814    19,814 
Net book values
Closing balance as at 31 May 2024 648,952    648,952 
Opening balance as at 01 June 2023 662,328    662,328 


6.

Share Capital

Authorised
100 Ordinary shares of £1.00 each
Allotted, called up and fully paid
2024
£
  2023
£
100 Ordinary shares of £1.00 each 100    100 
100    100 

2