Company No: 3776630 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	83,643		549
Investment property	4	1,366,000		1,354,000
		1,449,643		1,354,549
Current assets
Cash at bank and in hand	5	5,718		32,016
		5,718		32,016
Creditors: amounts falling due within one year	6	( 60,393)		( 2,530)
Net current (liabilities)/assets		(54,675)		29,486
Total assets less current liabilities		1,394,968		1,384,035
Creditors: amounts falling due after more than one year	7	( 11,672)		0
Provision for liabilities	8	( 142,205)		( 142,362)
Net assets		1,241,091		1,241,673
Capital and reserves
Called-up share capital	9	100		100
Fair value reserve		756,750		747,750
Profit and loss account		484,241		493,823
Total shareholder's funds		1,241,091		1,241,673

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Tailored Properties Limited (registered number: 3776630) were approved and authorised for issue by the Director. They were signed on its behalf by:

B G Taylor Director

04 September 2025

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Tailored Properties Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the company's registered office is 1 Old Garden Court, Chartham Downs , Canterbury, Kent CT4 7GA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

20 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Provisions

Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Statement of Financial Position date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the company during the year, including the director	1		1

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 April 2024	11,814		11,814
Additions	90,365		90,365
At 31 March 2025	102,179		102,179
Accumulated depreciation
At 01 April 2024	11,265		11,265
Charge for the financial year	7,271		7,271
At 31 March 2025	18,536		18,536
Net book value
At 31 March 2025	83,643		83,643
At 31 March 2024	549		549
Leased assets included above:
Net book value
At 31 March 2025	32,787		32,787
At 31 March 2024	0		0

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	1,354,000
Fair value movement	12,000
As at 31 March 2025	1,366,000

Valuation

The revaluation of the properties was done by the director.

Historic cost

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

	2025		2024
	£		£
Historic cost	446,996		446,996

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	5,718		32,016

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	15,562		0
Other creditors	44,831		2,530
	60,393		2,530

Hire purchase creditors are secured on the relevant assets.

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

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	11,672		0

Hire purchase creditors are secured on the relevant assets.

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 142,362)		( 154,836)
Credited to the Profit and Loss Account	157		12,474
At the end of financial year	( 142,205)		( 142,362)

The deferred taxation balance is made up as follows:

	2025		2024
	£		£
Accelerated capital allowances	( 9,527)		0
Revaluation of investment property	( 162,255)		( 159,254)
Tax losses carry forward	29,577		16,892
	( 142,205)		( 142,362)

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

10. Financial commitments

Pensions

The company operates a defined contribution pension scheme for the director and employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

11. Related party transactions

The company owed the director at the year end £37,625 (2024: £30), which is interest-free and unsecured, with no fixed repayment date.