REGISTERED NUMBER: 06369760 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2024

for

Tala & Maya Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

F Rasoul

SECRETARY:

A Alromani

REGISTERED OFFICE:

32 Tolworth Rise South

Tolworth

London

Surrey

KT5 9NN

REGISTERED NUMBER:

06369760 (England and Wales)

ACCOUNTANTS:

SKS Business Services Ltd

3 Sheen Road

Richmond Upon Thames

Surrey

TW9 1AD

Fixed assets

Intangible assets

4

70,298

79,265

Tangible assets

5

141,849

168,600

212,147

247,865

Current assets

Stocks

6

31,089

27,438

Debtors

7

1,987,452

2,037,468

Cash at bank and in hand

194,125

353,824

2,212,666

2,418,730

Creditors

Amounts falling due within one year

8

(705,811

)

(880,475

)

Net current assets

1,506,855

1,538,255

Total assets less current liabilities

1,719,002

1,786,120

Creditors

Amounts falling due after more than one year

9

(114,831

)

(164,831

)

Net assets

1,604,171

1,621,289

Capital and reserves

Called up share capital

10

2

2

Retained earnings

11

1,604,169

1,621,287

Shareholders' funds

1,604,171

1,621,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2025 and were signed by:

F Rasoul - Director

1.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

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.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licenses cost are being amortised evenly over their estimated useful life of 15 years.

TANGIBLE FIXED ASSETS

Plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant & Machinery - 20% Reducing Balance

Motor Van - 20% Reducing Balance

Computer Equipment - 20% Reducing Balance

STOCKS

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 58 (2023 - 124 ) .

4.	INTANGIBLE FIXED ASSETS

Patents

and

licences

£

COST

At 1 October 2023

and 30 September 2024

134,500

AMORTISATION

At 1 October 2023

55,235

Amortisation for year

8,967

At 30 September 2024

64,202

NET BOOK VALUE

At 30 September 2024

70,298

At 30 September 2023

79,265

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 October 2023

1,181,336

43,121

1,224,457

Additions

17,238

-

17,238

Disposals

(8,756

)

-

(8,756

)

At 30 September 2024

1,189,818

43,121

1,232,939

DEPRECIATION

At 1 October 2023

1,026,211

29,646

1,055,857

Charge for year

32,538

2,695

35,233

At 30 September 2024

1,058,749

32,341

1,091,090

NET BOOK VALUE

At 30 September 2024

131,069

10,780

141,849

At 30 September 2023

155,125

13,475

168,600

6.

STOCKS

2024

2023

£

£

Stocks

31,089

27,438

7.

DEBTORS

2024

2023

£

£

Amounts falling due within one year:

Trade debtors

(1,167

)

6,860

S455 Tax Liability

352,859

290,677

Deferred expenses

-

45,805

351,692

343,342

Amounts falling due after more than one year:

Amounts owed by group undertakings

581,688

774,939

Rent Deposite

12,500

12,500

Amount due from Amar Alroamani

184,244

(4,725

)

Amount due from Farqad Rasoul-

Director

857,328

911,412

1,635,760

1,694,126

Aggregate amounts

1,987,452

2,037,468

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

204,753

452,718

CIBIL Loan - Due in 1 year

26,835

26,835

Corporation tax

125,296

14,908

Social security and other tax

20,363

67,550

Pension payable

3,730

3,622

VAT

29,318

60,637

Other creditors

115,188

87,352

Credit card control account

8,262

-

Accrued expenses

172,066

166,853

705,811

880,475

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 2-5 years

114,831

164,831

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

Ordinary

£1

2

2

11.

RESERVES

Retained

earnings

£

At 1 October 2023

1,621,287

Profit for the year

150,882

Dividends

(168,000

)

At 30 September 2024

1,604,169

12.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024

2023

£

£

F Rasoul

Balance outstanding at start of year

911,412

893,541

Amounts advanced

19,832

17,871

Amounts repaid

(73,916

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

857,328

911,412

13.	RELATED PARTY DISCLOSURES

During the year, total dividends of £60,000 were paid to F rasoul - director and £60,000 were paid to A AI- Romani - shareholder.

At the balance sheet date, included in debtors were amounts totalling to £857,328 (2023: £911,412)

receivable from F Rasoul -director.

At the balance sheet date, included in debtors were amounts totalling to £184,244 (2023: £4,725) receivable from A AI- Romani - shareholder.

At the balance sheet date, Tala & Maya Limited owed £93,342 by Yasir & Eamon limited (2023: £277400) in which A AI-Romani is Director.

At the balance sheet date, Tala & Maya Limited owed £488,344 by R of london limited (2023: 497,540) in which A AI-Romani is Director.

14.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company are the shareholders A Al-Romani and F Rasoul by virtue of their shareholdings.