REGISTERED NUMBER: 11755307 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 March 2025

for

Take Office Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F A Strachan

W R Ruffler

F Strachan

REGISTERED OFFICE:

1 Empire Mews

London

SW16 2BF

REGISTERED NUMBER:

11755307 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Intangible assets

4

320,325

329,700

Tangible assets

5

988,796

1,020,932

1,309,121

1,350,632

CURRENT ASSETS

Debtors

6

44,818

75,877

Cash at bank

300,684

362,894

345,502

438,771

CREDITORS

Amounts falling due within one year

7

158,920

188,076

NET CURRENT ASSETS

186,582

250,695

TOTAL ASSETS LESS CURRENT LIABILITIES

1,495,703

1,601,327

CREDITORS

Amounts falling due after more than one year

8

(1,250,562

)

(1,372,738

)

PROVISIONS FOR LIABILITIES

(21,689

)

(21,689

)

NET ASSETS

223,452

206,900

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

223,450

206,898

SHAREHOLDERS' FUNDS

223,452

206,900

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 1 November 2025 and were signed on its behalf by:

W R Ruffler - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of forty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Long leasehold

-

2% on cost

Improvements to property

-

2% on cost

Fixtures and fittings

-

20% on cost

Equipment

-

20% on cost

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

375,000

AMORTISATION

At 1 April 2024

45,300

Charge for year

9,375

At 31 March 2025

54,675

NET BOOK VALUE

At 31 March 2025

320,325

At 31 March 2024

329,700

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Long

to

and

leasehold

property

fittings

Equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

900,000

215,218

49,813

24,911

1,189,942

Additions

-

-

-

873

873

At 31 March 2025

900,000

215,218

49,813

25,784

1,190,815

DEPRECIATION

At 1 April 2024

87,000

17,962

42,297

21,751

169,010

Charge for year

18,000

4,304

7,516

3,189

33,009

At 31 March 2025

105,000

22,266

49,813

24,940

202,019

NET BOOK VALUE

At 31 March 2025

795,000

192,952

-

844

988,796

At 31 March 2024

813,000

197,256

7,516

3,160

1,020,932

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

43,731

50,957

Other debtors

-

15,000

Prepayments and accrued income

1,087

9,920

44,818

75,877

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

389

12,176

Corporation tax

24,962

34,043

Social security and other taxes

2,273

1,632

VAT

9,883

13,272

Other creditors

70,097

72,701

Directors' current accounts

-

14,033

Accruals and deferred income

51,316

40,219

158,920

188,076

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Directors' loan accounts

1,250,562

1,372,738