REGISTERED NUMBER: 11764637 (England and Wales)

T Property Services Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTORS:

Mrs P Tumay

Mr M Tumay

REGISTERED OFFICE:

239-241 Kennington Lane

London

SE11 5QU

REGISTERED NUMBER:

11764637 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

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 Statement of Financial Position. 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 T Property Services Limited for the year ended 31 March 2025 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity 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 the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of T Property Services Limited, 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 T Property Services Limited and state those matters that we have agreed to state to the Board of Directors of T Property Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than T Property Services Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that T Property Services Limited 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 T Property Services Limited. You consider that T Property Services Limited 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 T Property Services Limited. 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.

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

31 December 2025

FIXED ASSETS

Property, plant and equipment

4

3,870

5,161

Investment property

5

3,864,130

3,485,001

3,868,000

3,490,162

CURRENT ASSETS

Debtors

6

27,217

24,381

Cash at bank and in hand

17,960

23,773

45,177

48,154

CREDITORS

Amounts falling due within one year

7

924,386

1,159,910

NET CURRENT LIABILITIES

(879,209

)

(1,111,756

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,988,791

2,378,406

CREDITORS

Amounts falling due after more than one year

8

(2,225,293

)

(1,653,338

)

PROVISIONS FOR LIABILITIES

9

(146,638

)

(146,340

)

NET ASSETS

616,860

578,728

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

456,677

456,677

Retained earnings

11

160,083

121,951

SHAREHOLDERS' FUNDS

616,860

578,728

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 31 December 2025 and were signed on its behalf by:

Mrs P Tumay - Director

1.	STATUTORY INFORMATION

T Property Services 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 (£).

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

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

Turnover is recognised when the rents are due and it is derived from the ordinary activities of the business.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

1,768

9,935

11,703

DEPRECIATION

At 1 April 2024

1,205

5,337

6,542

Charge for year

141

1,150

1,291

At 31 March 2025

1,346

6,487

7,833

NET BOOK VALUE

At 31 March 2025

422

3,448

3,870

At 31 March 2024

563

4,598

5,161

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

3,485,001

Additions

379,129

At 31 March 2025

3,864,130

NET BOOK VALUE

At 31 March 2025

3,864,130

At 31 March 2024

3,485,001

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,002

21,671

Payment on account

-

120

Prepayments

3,215

2,590

27,217

24,381

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

2,509

1,143

Tax

9,317

23,200

Directors' current accounts

911,000

1,134,127

Accrued expenses

1,560

1,440

924,386

1,159,910

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans more 5 yrs non-inst

2,225,293

1,653,338

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,225,293

1,653,338

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

146,638

146,340

Deferred

tax

£

Balance at 1 April 2024

146,340

Provided during year

298

Balance at 31 March 2025

146,638

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

121,951

456,677

578,628

Profit for the year

38,132

38,132

At 31 March 2025

160,083

456,677

616,760

12.	RELATED PARTY DISCLOSURES

Included within creditors are amounts due to key management personnel at balance sheet date of £911,000 (2024:£1,134,127). No interest is charged on this balance and it is repayable on demand.