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REGISTERED NUMBER: 11494899 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

TYS PROPERTIES LIMITED

TYS PROPERTIES LIMITED (REGISTERED NUMBER: 11494899)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


TYS PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: T SIVARAJAH





REGISTERED OFFICE: 4 Church Street
Stilton
Peterborough
United Kingdom
PE7 3RF





REGISTERED NUMBER: 11494899 (England and Wales)





ACCOUNTANTS: AT
Chartered Certified Accountants
2 Rixsen Road
London
London
E12 6RN

TYS PROPERTIES LIMITED (REGISTERED NUMBER: 11494899)

ABRIDGED BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,928,091 1,928,091

CURRENT ASSETS
Cash at bank 11,351 7,823

CREDITORS
Amounts falling due within one year (37,308 ) (40,787 )
NET CURRENT LIABILITIES (25,957 ) (32,964 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,902,134

1,895,127

CREDITORS
Amounts falling due after more than one year 5 (1,619,599 ) (1,657,089 )
NET ASSETS 282,535 238,038

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 282,534 238,037
SHAREHOLDERS' FUNDS 282,535 238,038

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 August 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 May 2025 and were signed by:




T SIVARAJAH - Director


TYS PROPERTIES LIMITED (REGISTERED NUMBER: 11494899)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Tys Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2023
and 31 August 2024 1,928,091
NET BOOK VALUE
At 31 August 2024 1,928,091
At 31 August 2023 1,928,091

TYS PROPERTIES LIMITED (REGISTERED NUMBER: 11494899)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2024 2023
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 536,014 569,405

The company owed the sum of £1,082,145 as at 31.08.2024 (2023 - £1,087,345) to TYS Retail Limited (company number 08432450) where Mr. Sivarajah is the sole director and 50% shareholder. No interest is chargeable on this loan.




6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary 1 1 1

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Other creditors include an amount of £1,439 (2023 - £339 ) owed by the company to the director.