TAIKURA PROPERTY LIMITED


Directors	YOUNG, David
	YOUNG, Lauren Jane


Registered Address	7 Lynwood Close
	Ponteland
	Newcastle Upon Tyne
	NE20 9JG


Registered Number	15450493 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025
		£	£
Fixed assets
Tangible assets	3		195,962
			195,962
Current assets
Debtors		1,234
Cash at bank and on hand		877
		2,111
Creditors amounts falling due within one year		(199,583)
Net current assets (liabilities)			(197,472)
Total assets less current liabilities			(1,510)
Creditors amounts falling due after one year			(5,871)
Net assets			(7,381)
Capital and reserves
Called up share capital			200
Profit and loss account			(7,581)
Shareholders' funds			(7,381)

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 5 October 2025, and are signed on its behalf by:

YOUNG, David
Director
Registered Company No. 15450493

TAIKURA PROPERTY LIMITED

Notes to the Financial Statements
for the period ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives as follows:


		Straight line (years)
	Plant and machinery	4
	Fixtures and fittings	4

2.	Average number of employees


		2025
	Average number of employees during the year	2

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	Additions	196,397
	At 31 March 25	196,397
	Depreciation and impairment
	Charge for year	435
	At 31 March 25	435
	Net book value
	At 31 March 25	195,962
	At 28 January 24	-

4.	Revaluation of property, plant and equipment
	Investment Properties All investment properties are 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 for. Changes in fair value are recognised in the profit and loss account.

		2025
		£
	Property, plant and equipment / tangible fixed assets	190,555