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Company registration number: 00482023
TAPTON ESTATES LTD
Trading as Tapton Estates Ltd
Unaudited financial statements
31 December 2024
TAPTON ESTATES LTD
Contents
Directors and other information
Directors report
Statement of income and retained earnings
Statement of financial position
Notes to the financial statements
TAPTON ESTATES LTD
Directors and other information

| Directors | Mr Malcolm Heald
| Secretary | MB HEALD
| Company number | 00482023
| Registered office | Horseshoe Hill House
|  | Littleworth Common
|  | Bucks
|  | SL1 8QE
| Business address | Horseshoe Hill House
|  | Littleworth Common
|  | Bucks
|  | SL1 8QE

TAPTON ESTATES LTD
Directors report
Year ended 31 December 2024
The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2024.
Directors
The directors who served the company during the year were as follows:

Mr Malcolm Heald

Particulars of recommended dividends are detailed in note 5 to the unaudited financial statements.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 17 September 2025 and signed on behalf of the board by:
Mr Malcolm Heald
Director
TAPTON ESTATES LTD
Statement of income and retained earnings
Year ended 31 December 2024

|  |  |  | 2024 |  | 2023 |  |
|  | Note |  | £ |  | £ |  |
Turnover |  |  |  | - |  | - |  |
Cost of sales |  |  |  | - |  | - |  |
Administrative expenses |  |  |  | ( 20,956) |  | ( 19,663) |  |
|  |  |  | _______ |  | _______ |  |
Operating loss |  |  |  | ( 20,956) |  | ( 19,663) |  |
Gain on financial assets at fair value through profit or loss |  |  |  | 280,130 |  | 141,694 |  |
Income from participating interests |  |  |  | 34,179 |  | 23,648 |  |
Other interest receivable and similar income |  |  |  | 15,635 |  | 13,018 |  |
Profit before taxation |  | 4 |  | 308,988 |  | 158,697 |  |
Tax on profit |  |  |  | ( 4,300) |  | - |  |
|  |  |  | _______ |  | _______ |  |
Profit for the financial year and total comprehensive income |  |  |  | 304,688 |  | 158,697 |  |
|  |  |  | _______ |  | _______ |  |
Retained earnings at the start of the year |  |  |  | 327,571 |  | 168,873 |  |
|  |  |  | _______ |  | _______ |  |
Retained earnings at the end of the year |  |  |  | 632,259 |  | 327,570 |  |
|  |  |  | _______ |  | _______ |  |

All the activities of the company are from continuing operations.
TAPTON ESTATES LTD
Statement of financial position
31 December 2024

|  |  | 2024 |  |  |  | 2023 |  |
|  | Note | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |  |
Investments |  | 6 | 2,721,235 |  |  |  | 2,549,552 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  |  |  | 2,721,235 |  |  |  | 2,549,552
Current assets |  |  |  |  |  |  |  |  |
Debtors |  | 7 | 5,662,116 |  |  |  | 5,652,521 |  |
Cash at bank and in hand |  |  | 187,629 |  |  |  | 59,918 |  |
|  |  | _______ |  |  |  | _______ |  |
|  |  | 5,849,745 |  |  |  | 5,712,439 |  |
Creditors: amounts falling due |  |  |  |  |  |  |  |  |
within one year |  |  | ( 12,112) |  |  |  | ( 7,812) |  |
|  |  | _______ |  |  |  | _______ |  |
Net current assets |  |  |  |  | 5,837,633 |  |  |  | 5,704,627
|  |  |  |  | _______ |  |  |  | _______
Total assets less current liabilities |  |  |  |  | 8,558,868 |  |  |  | 8,254,179
|  |  |  |  | _______ |  |  |  | _______
Net assets |  |  |  |  | 8,558,868 |  |  |  | 8,254,179
|  |  |  |  | _______ |  |  |  | _______
Capital and reserves |  |  |  |  |  |  |  |  |
Called up share capital |  |  |  |  | 5,800,397 |  |  |  | 5,800,397
Share premium account |  |  |  |  | 2,126,212 |  |  |  | 2,126,212
Profit and loss account |  |  |  |  | 632,259 |  |  |  | 327,570
|  |  |  |  | _______ |  |  |  | _______
Shareholder funds |  |  |  |  | 8,558,868 |  |  |  | 8,254,179
|  |  |  |  | _______ |  |  |  | _______

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These financial statements were approved by the board of directors and authorised for issue on 17 September 2025 , and are signed on behalf of the board by:
Mr Malcolm Heald
Director
Company registration number: 00482023
TAPTON ESTATES LTD
Notes to the financial statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is Horseshoe Hill House, Littleworth Common, Bucks, SL1 8QE.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Fixed asset investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Profit before taxation
Profit before taxation is stated after charging/(crediting):

|  |  |  | 2024 | 2023
|  |  |  | £ | £
| Fair value adjustments to financial assets measured at fair value through profit or loss |  |  | (266,822) | (146,374)
|  |  |  | _______ | _______

5. Dividends
6. Investments

|  | Other investments other than loans | Total |  |  |  |
|  | £ | £ |  |  |  |
| Cost or valuation |  |  |  |  |  |
| At 1 January 2024 | 2,549,552 | 2,549,552 |  |  |  |
| Additions | 398,214 | 398,214 |  |  |  |
| Disposals | ( 493,353) | ( 493,353) |  |  |  |
| Revaluations | 266,822 | 266,822 |  |  |  |
|  | _______ | _______ |  |  |  |
| At 31 December 2024 | 2,721,235 | 2,721,235 |  |  |  |
|  | _______ | _______ |  |  |  |
| Impairment |  |  |  |  |  |
| At 1 January 2024 and 31 December 2024 | - | - |  |  |  |
|  | _______ | _______ |  |  |  |
| Carrying amount |  |  |  |  |  |
| At 31 December 2024 | 2,721,235 | 2,721,235 |  |  |  |
|  | _______ | _______ |  |  |  |
| At 31 December 2023 | 2,549,552 | 2,549,552 |  |  |  |
|  | _______ | _______ |  |  |  |

7. Debtors

|  |  | 2024 | 2023
|  |  | £ | £
| Trade debtors |  | 1,514 | -
| Amounts owed by group undertakings and undertakings in which the company has a participating interest |  | 5,660,602 | 5,648,589
| Other debtors |  | - | 3,932
|  |  | _______ | _______
|  |  | 5,662,116 | 5,652,521
|  |  | _______ | _______

8. Controlling party
The conpany's ultimate holding company is Summerley InvestmentsLtd. MB Heald and BJ Heald are deemed to be the controlling parties by virtue of their direct shareholdings.
TAPTON ESTATES LTD
Statement of financial position
31 December 2024

|  |  | 2024 |  | 2023 |  |
|  |  | £ |  | £ |  |
Fixed assets |  |  | 2,721,235 |  | 2,549,552 |  |
|  |  | _______ |  | _______ |  |
Current assets |  |  | 5,849,745 |  | 5,712,439 |  |
Creditors: amounts falling due within one year |  |  | (7,095) |  | (2,795) |  |
|  |  | _______ |  | _______ |  |
Net current assets |  |  | 5,842,650 |  | 5,709,644 |  |
|  |  | _______ |  | _______ |  |
Total assets less current liabilities |  |  | 8,563,885 |  | 8,259,196 |  |
Accruals and deferred income |  |  | ( 5,017) |  | ( 5,017) |  |
|  |  | _______ |  | _______ |  |
Net assets |  |  | 8,558,868 |  | 8,254,179 |  |
|  |  | _______ |  | _______ |  |
Capital and reserves |  |  | 8,558,868 |  | 8,254,179 |  |
|  |  | _______ |  | _______ |  |