REGISTERED NUMBER: 15647768 (England and Wales)

TAILOR PROPERTY HOLDINGS LIMITED

Unaudited Financial Statements

for the period

15 April 2024 to 31 December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

W Y Tailor

O Azizi

Registered office:

3rd Floor, Solar House

1 - 9 Romford Road

London

E15 4LJ

Registered number:

15647768 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

1st Floor, Abbey Square

Davidson House

The Forbury

Reading

RG1 3EU

Fixed assets

Investment property

4

21,499,378

Current assets

Debtors

5

779,537

Cash at bank

117,932

897,469

Creditors

Amounts falling due within one year

6

(22,510,418

)

Net current liabilities

(21,612,949

)

Total assets less current liabilities

(113,571

)

Capital and reserves

Called up share capital

7

1

Retained earnings

8

(113,572

)

Shareholders' funds

(113,571

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 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 11 December 2025 and were signed on its behalf by:

O Azizi - Director

1.	Statutory information

Tailor Property Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

Monetary amounts in these financial statements are rounded to the nearest £1.

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.

Going concern

The financial statements have been prepared on a going concern basis, which assumes that the company will continue in operational existence for the foreseeable future which the directors believe to be appropriate. Although at the balance sheet date, the company was in a net liability position, the directors have obtained a letter of support from a connected undertaking under common ownership, confirming that it will continue to provide financial support to the company for a period of at least twelve months from the date of approval of these financial statements.

Turnover

Turnover comprises revenue recognised by the company in respect of rents receivable during the year.

Turnover from rental of properties is recognised in the profit and loss account on a straight-line basis over the rental term, reflecting the period in which the tenant occupies the property, and the company earns the income.

Investment property

Investment properties are initially recognised at cost and subsequently measured at fair value at each reporting date. Any changes in fair value, whether gains or losses, are recognised in the profit or loss for the period in which they arise.

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the

substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the period 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.

Any losses incurred by the company are carried forward in accordance with applicable tax legislation and will be utilised against future periods when sufficient taxable profits arise.

3.	Employees and directors

The average number of employees during the period was NIL.

4.	Investment property

Total

£

Fair value

Additions

21,499,378

At 31 December 2024

21,499,378

Net book value

At 31 December 2024

21,499,378

5.

Debtors: amounts falling due within one year

£

Trade debtors

129,821

Amounts owed by group undertakings

117,670

Other debtors

532,046

779,537

Amounts due from group undertakings are interest free and repayable on demand.

6.

Creditors: amounts falling due within one year

£

Trade creditors

148,254

Amounts owed to group undertakings

104,289

Other creditors

22,257,875

22,510,418

Included within other creditors is an amount of £22,147,178 due to a related entity. This balance is interest-free and repayable on demand.

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

1

Ordinary

£1

1

8.

Reserves

Retained

earnings

£

Deficit for the period

(113,572

)

At 31 December 2024

(113,572

)

9.	Related party disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.