TEEFA PROPERTIES LTD

Company Registration Number:
12504062 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

TEEFA PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

TEEFA PROPERTIES LTD

Company Information

for the Period Ended 31 March 2025




Director: OLAYIWOLA T. FAKOKUNDE
Registered office: 30
Argyle Road
London
England
N17 0BE
Company Registration Number: 12504062 (England and Wales)

TEEFA PROPERTIES LTD

Directors' Report Period Ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal Activities

Properties Agency Services

Directors

The directors shown below have held office during the whole of the period from 01 April 2024 to 31 March 2025
OLAYIWOLA T. FAKOKUNDE

This report was approved by the board of directors on 8 May 2025
And Signed On Behalf Of The Board By:

Name: OLAYIWOLA T. FAKOKUNDE
Status: Director

TEEFA PROPERTIES LTD

Balance sheet

As at 31 March 2025


Notes

2025
£

2024
£
Fixed assets
Tangible assets: 5 5,980 2,970
Total fixed assets: 5,980 2,970
Current assets
Debtors: 6 1,201 3,185
Cash at bank and in hand: 35,285 23,902
Total current assets: 36,486 27,087
Creditors: amounts falling due within one year: 7 ( 1,931 ) ( 0 )
Net current assets (liabilities): 34,555 27,087
Total assets less current liabilities: 40,535 30,057
Creditors: amounts falling due after more than one year: 8 ( 59,908 ) ( 45,400 )
Total net assets (liabilities): ( 19,373 ) ( 15,343 )

The notes form part of these financial statements

TEEFA PROPERTIES LTD

Balance sheet continued

As at 31 March 2025


Notes

2025
£

2024
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 19,374 ) ( 15,344 )
Shareholders funds: ( 19,373 ) ( 15,343 )

For the year ending 31 March 2025 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 8 May 2025
And Signed On Behalf Of The Board By:

Name: OLAYIWOLA T. FAKOKUNDE
Status: Director

The notes form part of these financial statements

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 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

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees


    2025

    2024
    Average number of employees during the period 1 1

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 3. Off balance sheet disclosure

    No

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Dividends


2025
£

2024
£
Dividends paid 10,000 0

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2024 8,950 8,950
Additions 6,000 6,000
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2025 14,950 14,950
Depreciation
At 01 April 2024 5,980 5,980
Charge for year 2,990 2,990
On disposals - -
Other adjustments - -
At 31 March 2025 8,970 8,970
Net book value
At 31 March 2025 5,980 5,980
At 31 March 2024 2,970 2,970

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Debtors


2025
£

2024
£
Trade debtors 1,000 3,000
Prepayments and accrued income 201 185
Total 1,201 3,185

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

7.Creditors: amounts falling due within one year note


2025
£

2024
£
Trade creditors 577 0
Taxation and social security 704 0
Accruals and deferred income 650 0
Total 1,931 0

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

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


2025
£

2024
£
Other creditors 59,908 45,400
Total 59,908 45,400