REGISTERED NUMBER: 10180966 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

TAHNIA PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Babuna Ahmed

REGISTERED OFFICE:

41 Abbotts Park Road

London

E10 6HT

REGISTERED NUMBER:

10180966 (England and Wales)

ACCOUNTANTS:

Stan Lee Accountancy Ltd

T/A: The Stan Lee

Chartered Certified Accountants

Level 18, 40 Bank Street

Canary Wharf

London

E14 5NR

FIXED ASSETS

Investment property

4

490,000

500,000

CURRENT ASSETS

Cash at bank

2,925

1,367

CREDITORS

Amounts falling due within one year

5

273,947

289,953

NET CURRENT LIABILITIES

(271,022

)

(288,586

)

TOTAL ASSETS LESS CURRENT LIABILITIES

218,978

211,414

CREDITORS

Amounts falling due after more than one year

6

-

(4,400

)

PROVISIONS FOR LIABILITIES

7

(29,554

)

(31,454

)

NET ASSETS

189,424

175,560

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

155,547

165,547

Retained earnings

9

33,777

9,913

SHAREHOLDERS' FUNDS

189,424

175,560

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

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

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 December 2025 and were signed by:

Babuna Ahmed - Director

1.	STATUTORY INFORMATION

Tahnia Properties 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 modified by the revaluation of certain assets.

Turnover

Turnover represents gross rental income. The total turnover of the company for the year has been derived from the provision of property rental falling within the company's principal activities.

Investment property

Investment properties are properties held to earn rentals and/or for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties whose fair value can be measured reliably without undue cost or effort on an on-going basis are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

500,000

Revaluations

(10,000

)

At 31 May 2025

490,000

NET BOOK VALUE

At 31 May 2025

490,000

At 31 May 2024

500,000

Fair value at 31 May 2025 is represented by:

£

Valuation in 2025

490,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,400

4,400

Tax

14,190

9,037

Directors' current accounts

254,337

275,496

Accrued expenses

1,020

1,020

273,947

289,953

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bounce Back Loan

-

4,400

7.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

29,554

31,454

Deferred

tax

£

Balance at 1 June 2024

31,454

Provided during year

(1,900

)

Balance at 31 May 2025

29,554

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 June 2024

9,913

165,547

175,460

Profit for the year

23,864

23,864

Fair value reserve

-

(10,000

)

(10,000

)

At 31 May 2025

33,777

155,547

189,324

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Throughout both the current and preceding years, the Company has been controlled by its director, who holds 100% of the issued share capital.

As of the balance sheet date, the Company owed its director a total of £254,337 (2024: £275,496). This interest-free loan can be requested for full repayment at short notice.