Company Registration No. 13504580 (England and Wales)
T&A PROPERTIES (BHAM) LTD
Unaudited accounts
for the year ended 2 October 2024
T&A PROPERTIES (BHAM) LTD
Unaudited accounts
Contents
T&A PROPERTIES (BHAM) LTD
Company Information
for the year ended 2 October 2024
Directors
Mr Ahmed ADNAN
Ahmed Adnan
Company Number
13504580 (England and Wales)
Registered Office
BEECH COTTAGE
STREAM ROAD
KINGSWINFORD
DY6 9NW
ENGLAND
Accountants
Tax Accountant | Specialist Tax Consultancy
3 Brindley Place
Birmingham
West Midlands
B1 2JB
T&A PROPERTIES (BHAM) LTD
Statement of financial position
as at 2 October 2024
Investment property
833,900
833,900
Cash at bank and in hand
38,592
29,600
Creditors: amounts falling due within one year
(21,466)
(36,003)
Net current assets/(liabilities)
20,686
(2,843)
Total assets less current liabilities
854,586
831,057
Creditors: amounts falling due after more than one year
(808,963)
(782,400)
Called up share capital
100
100
Profit and loss account
45,523
48,557
Shareholders' funds
45,623
48,657
For the year ending 2 October 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 June 2025 and were signed on its behalf by
Mr Ahmed ADNAN
Director
Company Registration No. 13504580
T&A PROPERTIES (BHAM) LTD
Notes to the Accounts
for the year ended 2 October 2024
T&A PROPERTIES (BHAM) LTD is a private company, limited by shares, registered in England and Wales, registration number 13504580. The registered office is BEECH COTTAGE, STREAM ROAD, KINGSWINFORD, DY6 9NW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 3 October 2023
833,900
Amounts falling due within one year
T&A PROPERTIES (BHAM) LTD
Notes to the Accounts
for the year ended 2 October 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
14,537
Deferred income
20,266
20,266
7
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
782,400
-
Loans from directors
26,563
782,400
T&A Properties (Bham) Ltd (“the Company”) is a wholly-owned subsidiary of Medical Locum Solution Limited, a company incorporated in England and Wales Registration No. 07122336
Medical Locum Solution Limited is also regarded by the directors as the ultimate controlling party by virtue of its 100 % ownership of the Company’s ordinary voting shares.
9
Post balance sheet events
The open-market rent review relating to the investment property leased to Halifax was formally determined in December 2024. The review concluded that, with effect from 6 November 2022, the annual rent should fall from £75,000 to £37,100. Rather than restating rental income, the Company has treated the excess rent collected for the period 6 November 2022 to 5 December 2024 (approximately £79,019) as an obligation to refund the tenant and has therefore recognised a provision for that amount. The corresponding charge is presented in the statement of profit or loss within “Gain/(loss) from changes in provisions”. Any payments made to the tenant after the reporting date will be applied against the provision, and management does not expect any further material adjustment in respect of this rent review.
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).