ACCOUNTS - Final Accounts preparation

Registered number: 15558178

TIKONA LTD

UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

TIKONA LTD

COMPANY INFORMATION

Director	Brinder Singh Dhatt (appointed 12 March 2024)


Registered number	15558178


Registered office	105 Station Road
	Hayes
	London
	UB3 4BX


Accountants	MILTON AVIS LLP
	120 Baker Street
	London
	W1U 6TU

TIKONA LTD

CONTENTS

	Page
Director's Report	1
Accountants' Report	2
Statement of Comprehensive Income	3
Balance Sheet	4
Statement of Changes in Equity	5
Notes to the Financial Statements	6 - 8

TIKONA LTD

DIRECTOR'S REPORT

FOR THE PERIOD ENDED 31 MARCH 2025

The director presents his report and the financial statements for the period ended 31 March 2025.

Director

The director who served during the period was:

Brinder Singh Dhatt (appointed 12 March 2024)

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 10 December 2025 and signed on its behalf.

Brinder Singh Dhatt

Director

Page 1

TIKONA LTD

REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TIKONA LTD
FOR THE PERIOD ENDED 31 MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TIKONA LTD for the period ended 31 March 2025 which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of TIKONA LTD in accordance with the terms of our engagement letter dated 13 June 2024. Our work has been undertaken solely to prepare for your approval the financial statements of TIKONA LTD and state those matters that we have agreed to state to the director of TIKONA LTD in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TIKONA LTD and its director for our work or for this report.

It is your duty to ensure that TIKONA LTD has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of TIKONA LTD. You consider that TIKONA LTD is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or review of the financial statements of TIKONA LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MILTON AVIS LLP

120 Baker Street

London

W1U 6TU

Date: 10 December 2025

Page 2

TIKONA LTD

STATEMENT OF COMPREHENSIVE INCOME

FOR THE PERIOD ENDED 31 MARCH 2025

	31 March
	2025
Note	£


Turnover		10,487
Cost of sales		(3,277)
Gross profit		7,210
Administrative expenses		(10,266)
Operating loss		(3,056)
Loss for the financial period		(3,056)

There were no recognised gains and losses for 2025 other than those included in the statement of comprehensive income.

There was no other comprehensive income for 2025.

The notes on pages 6 to 8 form part of these financial statements.

Page 3

TIKONA LTD

REGISTERED NUMBER: 15558178

BALANCE SHEET

AS AT 31 MARCH 2025

		2025
Note		£


Current assets
Debtors: amounts falling due within one year	4	36
Cash at bank and in hand	5	3,252
		3,288
Creditors: amounts falling due within one year	6	(6,244)
Net current (liabilities)/assets			(2,956)
Total assets less current liabilities			(2,956)

Net (liabilities)/assets			(2,956)

Capital and reserves
Called up share capital			100
Profit and loss account			(3,056)
			(2,956)

The director considers 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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the 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 on 10 December 2025.

Brinder Singh Dhatt

Director

The notes on pages 6 to 8 form part of these financial statements.

Page 4

TIKONA LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED 31 MARCH 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 12 March 2024	100	-	100
Comprehensive income for the period
Loss for the period	-	(3,056)	(3,056)
Other comprehensive income for the period	-	-	-
Total comprehensive income for the period	-	(3,056)	(3,056)
Total transactions with owners	-	-	-
At 31 March 2025	100	(3,056)	(2,956)

The notes on pages 6 to 8 form part of these financial statements.

Page 5

TIKONA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

1.	General information

Tikona Ltd is a company limited by shares incorporated in England and Wales, with its registerd office at 105 Station Road, Hayes, England, UB3 4BX

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 6

TIKONA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The Company had one employee other than the director, who did not receive any remuneration.

Debtors

					2025
					£


	Other debtors	36
		36

5.	Cash and cash equivalents
		2025
		£

	Cash at bank and in hand	3,252
		3,252

Page 7

TIKONA LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 MARCH 2025

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

	Other creditors	5,494
	Accruals and deferred income	750
		6,244

7.	Going Concern

The diredtor has continued to support the company beyond the date of these accounts and therefore considers that the going concern basis for the presentation of these financial statements remains appropriate.

Page 8