IRIS Accounts Production v25.4.0.155 10941275 Board of Directors 1.9.24 31.8.25 31.8.25 false true false false true false Ordinary 200.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10941275 2024-08-31 10941275 2025-08-31 10941275 2024-09-01 2025-08-31 10941275 2023-08-31 10941275 2023-09-01 2024-08-31 10941275 2024-08-31 10941275 ns15:EnglandWales 2024-09-01 2025-08-31 10941275 ns14:PoundSterling 2024-09-01 2025-08-31 10941275 ns10:Director1 2024-09-01 2025-08-31 10941275 ns10:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 10941275 ns10:SmallEntities 2024-09-01 2025-08-31 10941275 ns10:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 10941275 ns10:SmallCompaniesRegimeForDirectorsReport 2024-09-01 2025-08-31 10941275 ns10:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 10941275 ns10:FullAccounts 2024-09-01 2025-08-31 10941275 ns10:OrdinaryShareClass1 2024-09-01 2025-08-31 10941275 ns10:Director2 2024-09-01 2025-08-31 10941275 ns10:CompanySecretary1 2024-09-01 2025-08-31 10941275 ns10:RegisteredOffice 2024-09-01 2025-08-31 10941275 ns5:CurrentFinancialInstruments 2025-08-31 10941275 ns5:CurrentFinancialInstruments 2024-08-31 10941275 ns5:Non-currentFinancialInstruments 2025-08-31 10941275 ns5:Non-currentFinancialInstruments 2024-08-31 10941275 ns5:ShareCapital 2025-08-31 10941275 ns5:ShareCapital 2024-08-31 10941275 ns5:RetainedEarningsAccumulatedLosses 2025-08-31 10941275 ns5:RetainedEarningsAccumulatedLosses 2024-08-31 10941275 ns5:LeaseholdImprovements 2024-09-01 2025-08-31 10941275 ns5:FurnitureFittings 2024-09-01 2025-08-31 10941275 ns5:MotorVehicles 2024-09-01 2025-08-31 10941275 ns5:ComputerEquipment 2024-09-01 2025-08-31 10941275 ns5:PlantMachinery 2024-08-31 10941275 ns5:PlantMachinery 2024-09-01 2025-08-31 10941275 ns5:PlantMachinery 2025-08-31 10941275 ns5:PlantMachinery 2024-08-31 10941275 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-08-31 10941275 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-08-31 10941275 ns5:AcceleratedTaxDepreciationDeferredTax 2025-08-31 10941275 ns5:AcceleratedTaxDepreciationDeferredTax 2024-08-31 10941275 ns5:DeferredTaxation 2024-08-31 10941275 ns5:DeferredTaxation 2025-08-31 10941275 ns10:OrdinaryShareClass1 2025-08-31

REGISTERED NUMBER: 10941275 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

TAKELAM LIMITED

TAKELAM LIMITED (REGISTERED NUMBER: 10941275)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Chartered Accountants' Report | 6 |

TAKELAM LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 31 AUGUST 2025

| DIRECTORS: | M D Rennie

| K J P Lamy

| SECRETARY: |

| REGISTERED OFFICE: | 28 Wilton Road

| Bexhill on Sea

| East Sussex

| TN40 1EZ

| REGISTERED NUMBER: | 10941275 (England and Wales)

| ACCOUNTANTS: | Ashdown Hurrey

| Chartered Accountants & Business Advisers

| 28 Wilton Road

| Bexhill on Sea

| East Sussex

| TN40 1EZ

TAKELAM LIMITED (REGISTERED NUMBER: 10941275)

BALANCE SHEET

31 AUGUST 2025

| 31.8.25 | 31.8.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 20,358 |  | 37,885 |  |

CURRENT ASSETS

Debtors | 5 | 295,633 |  | 325,608 |  |

Cash at bank | 19,047 |  | 369,054 |  |

314,680 |  | 694,662 |  |

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | 6 | (69,800 | ) | 92,180 |  |

NET CURRENT ASSETS | 384,480 |  | 602,482 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 404,838 |  | 640,367 |  |

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | 7 | (12,804 | ) | - |  |

PROVISIONS FOR LIABILITIES | 8 | (5,090 | ) | (6,341 | ) |

NET ASSETS | 386,944 |  | 634,026 |  |

CAPITAL AND RESERVES

Called up share capital | 9 | 1 |  | 1 |  |

Retained earnings | 386,943 |  | 634,025 |  |

SHAREHOLDERS' FUNDS | 386,944 |  | 634,026 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 January 2026 and were signed on its behalf by:

M D Rennie - Director

TAKELAM LIMITED (REGISTERED NUMBER: 10941275)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1. | STATUTORY INFORMATION

| Takelam 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.

| In preparing the financial statements, the directors are required to make an assessment of the ability of the company to continue as a going concern. The directors have considered all available evidence for the company which covers the 12 month period from the date of signing these financial statements.

| On the basis of this consideration, the directors are satisfied that the company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for the foreseeable future. In reaching this conclusion they consider that no material uncertainty exists. As a result, the directors have concluded that it remains appropriate to adopt a going concern basis of preparation in these financial statements.

| Turnover

| Turnover represents net invoiced sales of real estate brokerage and development services, excluding value added tax.

| Turnover is recognised when the company obtains the right to consideration.

| Tangible fixed assets

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

| Improvements to property | - | 10% on cost

| Fixtures and fittings | - | 25% on reducing balance

| Motor vehicles | - | 15% on reducing balance

| Computer equipment | - | 33% on cost

| 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.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

TAKELAM LIMITED (REGISTERED NUMBER: 10941275)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

2. | ACCOUNTING POLICIES - continued

| 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 2 (2024 - 2 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 September 2024 | 61,330 |  |

| Additions | 17,995 |  |

| Disposals | (39,949 | ) |

| At 31 August 2025 | 39,376 |  |

| DEPRECIATION

| At 1 September 2024 | 23,445 |  |

| Charge for year | 6,659 |  |

| Eliminated on disposal | (11,086 | ) |

| At 31 August 2025 | 19,018 |  |

| NET BOOK VALUE

| At 31 August 2025 | 20,358 |  |

| At 31 August 2024 | 37,885 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.8.25 |  | 31.8.24

£ | £ |

| Trade debtors | 2,162 |  | 77,451 |  |

| Other debtors | 293,471 |  | 248,157 |  |

295,633 |  | 325,608 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.8.25 |  | 31.8.24

£ | £ |

| Hire purchase contracts | 2,127 |  | - |  |

| Taxation and social security | (73,576 | ) | 89,530 |  |

| Other creditors | 1,649 |  | 2,650 |  |

(69,800 | ) | 92,180 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.8.25 |  | 31.8.24

£ | £ |

| Hire purchase contracts | 12,804 |  | - |  |

TAKELAM LIMITED (REGISTERED NUMBER: 10941275)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 AUGUST 2025

8. | PROVISIONS FOR LIABILITIES

| 31.8.25 |  | 31.8.24

£ | £ |

| Deferred tax

| Accelerated capital allowances | 5,090 |  | 6,341 |  |

| Deferred |

| tax |

£ |

| Balance at 1 September 2024 | 6,341 |  |

| Accelerated capital allowances | (1,251 | ) |

| Balance at 31 August 2025 | 5,090 |  |

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.8.25 |  | 31.8.24

| value: | £ | £ |

| 200 | Ordinary | 200 | 1 |  | 1 |  |

10. | RELATED PARTY DISCLOSURES

| At the balance sheet date the directors owed the company a total of £292,219 (2024 - £246,563).

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

TAKELAM LIMITED

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 Takelam Limited for the year ended 31 August 2025 which comprise the Statement of Income and Retained Earnings, 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 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 icaew.com/membershandbook.

This report is made solely to the Board of Directors of Takelam 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 Takelam Limited and state those matters that we have agreed to state to the Board of Directors of Takelam Limited, as a body, in this report in accordance with icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Takelam Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Takelam 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 loss of Takelam Limited. You consider that Takelam 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 Takelam 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.

Ashdown Hurrey

Chartered Accountants & Business Advisers

28 Wilton Road

Bexhill on Sea

East Sussex

TN40 1EZ

7 January 2026