REGISTERED NUMBER: 04651698 (England and Wales)

TADJCLOE LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A K Stickland

Mrs K M Stickland

SECRETARY:

Mrs K M Stickland

REGISTERED OFFICE:

267-269 High Street

Erdington

Birmingham

West Midlands

B23 6SR

REGISTERED NUMBER:

04651698 (England and Wales)

FIXED ASSETS

Tangible assets

4

373

439

Investments

5

25

125

Investment property

6

183,371

345,712

183,769

346,276

CURRENT ASSETS

Debtors

7

100,000

-

Cash at bank

36,924

31,070

136,924

31,070

CREDITORS

Amounts falling due within one year

8

62,755

200,625

NET CURRENT ASSETS/(LIABILITIES)

74,169

(169,555

)

TOTAL ASSETS LESS CURRENT LIABILITIES

257,938

176,721

PROVISIONS FOR LIABILITIES

233

233

NET ASSETS

257,705

176,488

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

257,703

176,486

SHAREHOLDERS' FUNDS

257,705

176,488

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 December 2025 and were signed on its behalf by:

A K Stickland - Director

1.	STATUTORY INFORMATION

Tadjcloe 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.

As at 31st March 2024, the company's balance sheet reflected net current liabilities. However , included in creditors falling due within one year is an amount owed to the directors. The directors have confirmed that this amount will not be requested for repayment until such time as the company has sufficient funds available. Accordingly, the directors consider the going concern basis of preparation to be appropriate.

Significant judgements and estimates

Investment Properties

The value of the properties is assessed by the directors at each reporting date using publicly available market evidence comprising primarily of values of comparable properties in the area and national market statistics. However, it is inherently difficult to assess the true market value of the properties without actively marketing the properties for sale.

Turnover

Turnover represents rents receivable.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

The company's properties are held for long-term investment and depreciation is not provided in respect of such properties. This policy represents a departure from the statutory accounting principles, which require depreciation to be provided on all fixed assets. The directors consider that this policy is necessary in order that the financial statements may give a true and fair view.

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.

Unquoted investments

Under Financial Reporting Standard 102, investments are ordinarily accounted for at their fair value.However, where no reliable method of valuing such investment is available it is carried at its cost less impairment. The company therefore values any investment in unquoted shares at cost less impairment.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

6,802

DEPRECIATION

At 1 April 2024

6,363

Charge for year

66

At 31 March 2025

6,429

NET BOOK VALUE

At 31 March 2025

373

At 31 March 2024

439

5.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 April 2024

100

25

125

Disposals

(100

)

-

(100

)

At 31 March 2025

-

25

25

NET BOOK VALUE

At 31 March 2025

-

25

25

At 31 March 2024

100

25

125

The company owns a 12.5% shareholding in an unquoted company. As there is no reliable method for valuing this investment it is carried at cost.

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

345,712

Disposals

(162,341

)

At 31 March 2025

183,371

NET BOOK VALUE

At 31 March 2025

183,371

At 31 March 2024

345,712

The directors consider that at the balance sheet date, the value of investment property is not materially different to its purchase price and therefore the property is included in these financial statements at its carrying cost.

Any gain or loss arising from a change in fair value is recognised in profit or loss in that accounting period.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

100,000

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

-

91,919

Trade creditors

2

-

Taxation and social security

6,865

-

Other creditors

55,888

108,706

62,755

200,625

9.	SECURED DEBTS

The following secured debts are included within creditors:

31/3/25

31/3/24

£

£

Bank loans

-

91,919