| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| TAJJ 2 Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 December 2024 |
| for |
| TAJJ 2 Limited |
| TAJJ 2 Limited (Registered number: 12574884) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| TAJJ 2 Limited |
| Company Information |
| for the Year Ended 31 December 2024 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Roland House |
| Princes Dock Street |
| Hull |
| HU1 2LD |
| TAJJ 2 Limited (Registered number: 12574884) |
| Balance Sheet |
| 31 December 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings | 8 |
| The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
| TAJJ 2 Limited (Registered number: 12574884) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| TAJJ 2 Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| 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. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| TAJJ 2 Limited (Registered number: 12574884) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2024 |
| Additions |
| At 31 December 2024 |
| DEPRECIATION |
| At 1 January 2024 |
| Charge for year |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 December 2023 |
| 5. | FIXED ASSET INVESTMENTS |
| Other |
| investments |
| £ |
| COST |
| At 1 January 2024 |
| Additions |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 December 2023 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| TAJJ 2 Limited (Registered number: 12574884) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2024 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 January 2024 |
| Profit for the year |
| At 31 December 2024 |
| 9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| At 31 December 2024 the directors owed the Company £48,003 (2023 - £51,706). Interest of £914 (2023 - £2,032) has been charged at H M Revenue & Custom's official rate on the overdrawn balance during the year. |
| 10. | RELATED PARTY DISCLOSURES |
| TAJJ Limited |
| TAJJ Limited is a company with directors in common with TAJJ 2 Limited. |
| At 31 December 2024 TAJJ Limited owed the Company £822,653 (2023 - £107,653). No interest is charged on this balance. |
| Newport Buildings LLP |
| Newport Buildings LLP is a partnership that TAJJ Limited is a partner. During the year the Company loaned Newport Buildings LLP £NIL (2023 - £1,200,000). Interest of £41,319 (2023 - £14,042) was charged to the LLP during the year. |
| Management charges totalling £109,691 (2023 - £106,496) were charged to Newport Buildings LLP during the year. |
| At 31 December 2024 the balance owed by the LLP to the Company was £250,000 (2023 - £1,200,000). |
| Other related parties |
| In a previous year the Company loaned Mr & Mrs Zwemstra's son and daughter £264,642. Interest of £5,980 (2023 - £5,680) was charged on this loan during the year at H M Revenue & Custom's official rate. |
| At 31 December 2024 the balance owed to the Company by Mr & Mrs Zwemstra's son and daughter was £270,622 (2023 - £264,642). |
| During the year the Company loaned Mr & Mrs Zwemstra's son and his wife a further £67,000. Interest of £5,921 (2023 - £2,500) was charged on this loan during the year at H M Revenue & Custom's official rate. |
| At 31 December 2024 the balance owed to the Company by Mr & Mrs Zwemstra's son and his wife was £274,155 (2023 - £213,234). |
| 11. | CONTROLLING PARTY |
| The Company was under the control of the directors throughout the current year. The directors own 100% of the share capital of the Company. |