Tai Tam Estates Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12485607 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Tai Tam Estates Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

5

DIRECTORS:

Mrs S Jaffrey

S I Jaffrey

REGISTERED OFFICE:

38 Beech Avenue

Radlett

WD7 7DE

REGISTERED NUMBER:

12485607 (England and Wales)

ACCOUNTANTS:

Goddard Accounting and Tax Solutions

Ben Loyal Lodge

25 Kenilworth Road

Bridge Of Allan

Stirling

FK9 4EH

FIXED ASSETS

Investment property

4

1,250,000

CURRENT ASSETS

Cash at bank

32,621

31,934

CREDITORS

Amounts falling due within one year

5

585,644

585,157

NET CURRENT LIABILITIES

(553,023

)

(553,223

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

696,977

696,777

CREDITORS

Amounts falling due after more than one
year

6

770,050

NET LIABILITIES

(73,073

)

(73,273

)

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

(73,173

)

(73,373

)

(73,073

)

(73,273

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2025 and were signed on its behalf by:

S I Jaffrey - Director

1.	STATUTORY INFORMATION

Tai Tam Estates Ltd 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.

Turnover

The principal activity of the company is the rental of residential property. Therefore turnover represents rents received. Rental Income is included in the profit and loss account in the period to which the income relates to.

Investment property

Property investments are measured at fair value unless the value cannot be measured reliably, in which case, they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Taxation

Taxation for the year comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,250,000

NET BOOK VALUE

At 31 March 2025

1,250,000

At 31 March 2024

1,250,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Other creditors

585,644

585,157

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

770,050

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank mortgage

770,050

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

Mortgage

770,050

The mortgage provider, Paragon Bank, hold a charge over the investment property.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tai Tam Estates Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Tai Tam Estates Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tai Tam Estates Ltd and state those matters that we have agreed to state to the Board of Directors of Tai Tam Estates Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tai Tam Estates 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 profit of Tai Tam Estates Ltd. You consider that Tai Tam Estates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tai Tam Estates 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.

Goddard Accounting and Tax Solutions

Ben Loyal Lodge

25 Kenilworth Road

Bridge Of Allan

Stirling

FK9 4EH

16 December 2025