Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31truefalse62024-01-01falseproperty development and property investments6trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10827140 2024-01-01 2024-12-31 10827140 2023-01-01 2023-12-31 10827140 2024-12-31 10827140 2023-12-31 10827140 2023-01-01 10827140 c:Director3 2024-01-01 2024-12-31 10827140 d:FurnitureFittings 2024-01-01 2024-12-31 10827140 d:FurnitureFittings 2024-12-31 10827140 d:FurnitureFittings 2023-12-31 10827140 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10827140 d:ComputerEquipment 2024-01-01 2024-12-31 10827140 d:ComputerEquipment 2024-12-31 10827140 d:ComputerEquipment 2023-12-31 10827140 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10827140 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 10827140 d:FreeholdInvestmentProperty 2024-12-31 10827140 d:FreeholdInvestmentProperty 2023-12-31 10827140 d:FreeholdInvestmentProperty 2 2024-01-01 2024-12-31 10827140 d:CurrentFinancialInstruments 2024-12-31 10827140 d:CurrentFinancialInstruments 2023-12-31 10827140 d:Non-currentFinancialInstruments 2024-12-31 10827140 d:Non-currentFinancialInstruments 2023-12-31 10827140 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10827140 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10827140 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 10827140 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 10827140 d:ShareCapital 2024-12-31 10827140 d:ShareCapital 2023-12-31 10827140 d:ShareCapital 2023-01-01 10827140 d:RevaluationReserve 2024-01-01 2024-12-31 10827140 d:RevaluationReserve 2024-12-31 10827140 d:RevaluationReserve 2023-01-01 2023-12-31 10827140 d:RevaluationReserve 2023-12-31 10827140 d:RevaluationReserve 2023-01-01 10827140 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 10827140 d:RetainedEarningsAccumulatedLosses 2024-12-31 10827140 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 10827140 d:RetainedEarningsAccumulatedLosses 2023-12-31 10827140 d:RetainedEarningsAccumulatedLosses 2023-01-01 10827140 d:OtherDeferredTax 2024-12-31 10827140 d:OtherDeferredTax 2023-12-31 10827140 c:OrdinaryShareClass1 2024-01-01 2024-12-31 10827140 c:OrdinaryShareClass1 2024-12-31 10827140 c:FRS102 2024-01-01 2024-12-31 10827140 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10827140 c:FullAccounts 2024-01-01 2024-12-31 10827140 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10827140 2 2024-01-01 2024-12-31 10827140 f:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 10827140










TABORA LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
TABORA LTD
REGISTERED NUMBER: 10827140

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
4,996
5,376

Investment property
 5 
4,520,000
4,354,830

  
4,524,996
4,360,206

Current assets
  

Debtors
 6 
27,255
26,606

Cash at bank and in hand
  
28,048
36,106

  
55,303
62,712

Creditors: amounts falling due within one year
 7 
(123,252)
(128,894)

Net current liabilities
  
 
 
(67,949)
 
 
(66,182)

Total assets less current liabilities
  
4,457,047
4,294,024

Creditors: amounts falling due after more than one year
 8 
(240,235)
(259,083)

Provisions for liabilities
  

Deferred tax
 9 
(573,909)
(543,866)

  
 
 
(573,909)
 
 
(543,866)

Net assets
  
3,642,903
3,491,075


Capital and reserves
  

Called up share capital 
 10 
1
1

Fair value reserve
  
1,743,815
1,608,687

Profit and loss account
  
1,899,087
1,882,387

  
3,642,903
3,491,075


Page 1

 
TABORA LTD
REGISTERED NUMBER: 10827140

BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A Chavda
Director

Date: 26 August 2025

The notes on pages 4 to 10 form part of these financial statements.

Page 2

 
TABORA LTD
 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 DECEMBER 2024


Called up share capital
Fair value reserve
Profit and loss account
Total equity

£
£
£
£


At 1 January 2023
1
1,471,990
1,844,437
3,316,428


Comprehensive income for the year

Profit for the year
-
-
174,647
174,647

Transfer between reserves
-
136,697
(136,697)
-



At 1 January 2024
1
1,608,687
1,882,387
3,491,075


Comprehensive income for the year

Profit for the year
-
-
151,828
151,828

Transfer between reserves
-
135,128
(135,128)
-


At 31 December 2024
1
1,743,815
1,899,087
3,642,903


The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
TABORA LTD
 

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

1.


General information

Tabora Ltd is a private company, limited by shares, and incorporated in England and Wales. The address of its registered office is Suite 1, 1a St Johns Wood Park, London, NW8 6QS.
The financial statements are presented in pound sterling which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable.
Turnover represents rent receivable during the year from investment properties. Rental income from investment properties are accrued on a time apportioned basis under the term of the lease.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
TABORA LTD
 

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

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
straight-line basis
Computer equipment
-
25%
straight-line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Investment property

Investment property is carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 5

 
TABORA LTD
 

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

2.Accounting policies (continued)

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 6).

Page 6

 
TABORA LTD
 

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

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost


At 1 January 2024
13,971
1,800
15,771


Additions
429
-
429


Transfers between classes
(2,032)
2,032
-



At 31 December 2024

12,368
3,832
16,200



Depreciation


At 1 January 2024
8,595
1,800
10,395


Charge for the year on owned assets
386
423
809


Transfers between classes
(339)
339
-



At 31 December 2024

8,642
2,562
11,204



Net book value



At 31 December 2024
3,726
1,270
4,996



At 31 December 2023
5,376
-
5,376

Page 7

 
TABORA LTD
 

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

5.


Investment property


Freehold investment property

£



Valuation


At 1 January 2024
4,354,830


Surplus on revaluation
165,170



At 31 December 2024
4,520,000

The 2024 valuations were made by the directors, on an open market value for existing use basis.



At 31 December 2024



If the Investment properties had been accounted for under the historic cost accounting rules, the properties would have been measured as follows:

2024
2023
£
£


Historic cost
2,202,276
2,202,276


6.


Debtors

2024
2023
£
£

Due after more than one year

Prepayments and accrued income
3,125
3,425

Due within one year

Other debtors
2,351
2,250

Prepayments and accrued income
21,779
20,931

27,255
26,606


Page 8

 
TABORA LTD
 

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

7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
20,629
22,149

Other loans
214
1,200

Amounts owed to group undertakings
57,768
62,501

Corporation tax
3,631
8,838

Other taxation and social security
22
1,108

Other creditors
24,818
21,818

Accruals and deferred income
16,170
11,280

123,252
128,894



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
240,163
259,083

Other loan
72
-

240,235
259,083


The aggregate amount of creditors for which security has been given amounted to £246,881 (2023 - £262,437) by way of fixed and floating charges over all the assets of the company.
The bank loan of £13,911 (2023 - £18,795) is supported by a guarantee from the UK Government to the bank under the Bounce Back Loan Scheme.

The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:

2024
2023
£
£


Repayable by instalments
159,360
179,452



Page 9

 
TABORA LTD
 

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

9.


Deferred taxation




2024
2023


£

£






At beginning of year
(543,866)
(498,301)


Charged to profit or loss
(30,043)
(45,565)



At end of year
(573,909)
(543,866)

The provision for deferred taxation is made up as follows:

2024
2023
£
£


Fair value gains on investment properties
(573,909)
(543,866)


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 Ordinary share of £1
1
1



11.


Related party transactions

The company has taken advantage of the exemption afforded by FRS 102 not to disclose transactions or balances with other wholly owned members of the group.
At the balance sheet date the balance owed to the directors was £4,556 (2023 - £1,556).


12.


Controlling party

The immediate and ultimate parent company is Coruscant Assets Ltd, a company registered in England and Wales. The registered office of Coruscant Assets Ltd is Suite 1, 1a St Johns Wood Park, London, NW8 6QS.


Page 10