ACCOUNTS - Final Accounts preparation

Company registration number: 09577247

	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 APRIL 2025

	PATEL TAYLOR INVESTMENTS LIMITED


PATEL TAYLOR INVESTMENTS LIMITED

COMPANY INFORMATION

Directors	P H Patel
	A R Taylor


Registered number	09577247


Registered office	48 Rawstorne Street
	London
	EC1V 7ND


Accountants	Menzies LLP
	Chartered Accountants
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


PATEL TAYLOR INVESTMENTS LIMITED REGISTERED NUMBER:09577247

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2025

		2025		2024
Note		£		£

Fixed assets
Investment property	4		3,349,196		4,334,446
			3,349,196		4,334,446
Current assets
Debtors: amounts falling due within one year	5	4,782		16,352
Cash at bank and in hand		44,362		22,071
		49,144		38,423
Creditors: amounts falling due within one year	6	(2,776,037)		(2,778,266)
Net current liabilities			(2,726,893)		(2,739,843)
Total assets less current liabilities			622,303		1,594,603

Net assets			622,303		1,594,603

Capital and reserves
Called up share capital	2,000	2,000
Profit and loss account	620,303	1,592,603
	622,303	1,594,603

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PATEL TAYLOR INVESTMENTS LIMITED REGISTERED NUMBER:09577247

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 APRIL 2025

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A R Taylor

Director

Date: 4 December 2025

The notes on pages 3 to 4 form part of these financial statements.

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PATEL TAYLOR INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Patel Taylor Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 9577247. The registered office and principal place of business is 48 Rawstorne Street, London, EC1V 7ND.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises rents receivable and is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Investment property

Investment property is carried at fair value determined annually by directors in consultation with external valuers 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. Changes in fair value are recognised in profit or loss.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 -2).

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PATEL TAYLOR INVESTMENTS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

4.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 May 2024	4,334,446
	Additions at cost	14,750
	Deficit on revaluation	(1,000,000)
	At 30 April 2025	3,349,196

The 2025 valuations were made by the directors, on an open market value for existing use basis.

Debtors

					2025	2024
					£	£


Trade debtors	4,782	16,352
	4,782	16,352

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other taxation and social security	1,598	4,127
Other creditors	2,771,139	2,771,139
Accruals and deferred income	3,300	3,000
	2,776,037	2,778,266

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