REGISTERED NUMBER: 03643623 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Tanna'S Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Tanna

R D Tanna

SECRETARY:

Ms M R Tanna

REGISTERED OFFICE:

Unit 13-14 Cygnus Business Centre

Dalmeyer Road

London

NW10 2XA

REGISTERED NUMBER:

03643623 (England and Wales)

ACCOUNTANTS:

Euro Ashfords (UK) Ltd

2nd Floor,

39 Ludgate hill

London

EC4M 7JN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,173,689

1,114,108

1,173,689

1,114,108

CURRENT ASSETS

Stocks

6

652,480

522,941

Debtors

7

465,476

332,035

Cash at bank and in hand

243,979

292,321

1,361,935

1,147,297

CREDITORS

Amounts falling due within one year

8

1,292,271

1,105,492

NET CURRENT ASSETS

69,664

41,805

TOTAL ASSETS LESS CURRENT LIABILITIES

1,243,353

1,155,913

PROVISIONS FOR LIABILITIES

188,020

165,738

NET ASSETS

1,055,333

990,175

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Revaluation reserve

9

529,737

454,737

Retained earnings

524,596

534,438

1,055,333

990,175

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 22 December 2025 and were signed on its behalf by:

R D Tanna - Director

1.	STATUTORY INFORMATION

Tanna'S 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill , being the amounts paid in connection with the acquisition of businesses in 1999 and 2006

are being written off evenly over estimated useful lives of twenty years.

Goodwill, being the amounts paid in connection with acquisition of business in 2011 is being

written off evenly over its estimated lives of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

life.

Freehold property

- 2% on cost

Improvements to property

- in accordance with the property

Plant and machinery

-25% on reducing balance

Fixtures and fittings

-25% on reducing balance

Motor vehicles

-25% on reducing balance

Computer equipment

-25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

132,458

AMORTISATION

At 1 April 2024

and 31 March 2025

132,458

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST OR VALUATION

At 1 April 2024

1,150,000

379,947

1,529,947

Additions

100,000

333

100,333

At 31 March 2025

1,250,000

380,280

1,630,280

DEPRECIATION

At 1 April 2024

131,863

283,976

415,839

Charge for year

18,289

22,463

40,752

At 31 March 2025

150,152

306,439

456,591

NET BOOK VALUE

At 31 March 2025

1,099,848

73,841

1,173,689

At 31 March 2024

1,018,137

95,971

1,114,108

Included in cost or valuation of land and buildings is freehold land of £ 203,684 (2024 - £ 203,684 ) which is not depreciated.

Cost or valuation at 31 March 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2022

543,684

-

543,684

Valuation in 2023

456,316

342,945

799,261

Valuation in 2024

150,000

37,002

187,002

Valuation in 2025

100,000

333

100,333

1,250,000

380,280

1,630,280

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

543,684

543,684

Aggregate depreciation

150,152

131,863

Value of land in freehold land and buildings

203,684

203,684

Freehold land and buildings were valued on an open market basis on 31 March 2025 by director .

6.

STOCKS

31.3.25

31.3.24

£

£

Stocks

652,480

522,941

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

241,272

228,655

Other debtors

224,204

103,380

465,476

332,035

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

789,901

633,714

Taxation and social security

11,126

48,609

Other creditors

491,244

423,169

1,292,271

1,105,492

9.

RESERVES

Revaluation

reserve

£

At 1 April 2024

454,737

Revaluation reserve

100,000

Revaluation reserve deferred t

ax

(25,000

)

At 31 March 2025

529,737

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

R D Tanna

Balance outstanding at start of year

(347,308

)

(267,758

)

Amounts advanced

1,113

450

Amounts repaid

(49,469

)

(80,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(395,664

)

(347,308

)

A Tanna

Balance outstanding at start of year

(137

)

-

Amounts advanced

1,250

-

Amounts repaid

(1,113

)

(137

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

(137

)

At the balance sheet date, the director Mr Ravi Tanna was owed £395,664 (2024: £347,309) by the company. This balance represents an interest-free, unsecured loan provided by the director. The loan is repayable on demand.

At the balance sheet date, the director Mr Amar Tanna owed £nil to the company (2024: £137 credit).