TAID Property Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01682468

TAID Property Ltd

Filleted Unaudited Financial Statements

31 May 2025

TAID Property Ltd

Financial Statements

Year ended 31 May 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

TAID Property Ltd

Statement of Financial Position

31 May 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	4	285,000	285,000

Current assets

Debtors	5	21,298	20,263
Cash at bank and in hand		36,818	62,098
		--------	--------
		58,116	82,361

Creditors: amounts falling due within one year	6	705,255	745,040
		---------	---------
Net current liabilities		647,139	662,679
		---------	---------
Total assets less current liabilities		( 362,139)	( 377,679)

Creditors: amounts falling due after more than one year	7	2,021	12,235
		---------	---------
Net liabilities		( 364,160)	( 389,914)
		---------	---------

Capital and reserves

Called up share capital	8	300,000	300,000
Capital redemption reserve		19,167	19,167
Profit and loss account		( 683,327)	( 709,081)
		---------	---------
Shareholders deficit		( 364,160)	( 389,914)
		---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

TAID Property Ltd

Statement of Financial Position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 18 December 2025 , and are signed on behalf of the board by:

Mr JC Mathias
Director

Company registration number: 01682468

TAID Property Ltd

Notes to the Financial Statements

Year ended 31 May 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Parcau Isaf Farm, Laleston, Bridgend, CF32 0NB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

4. Tangible assets

	Freehold property
	£
Cost
At 1 June 2024 and 31 May 2025	285,000
	---------
Depreciation
At 1 June 2024 and 31 May 2025	–
	---------
Carrying amount
At 31 May 2025	285,000
	---------
At 31 May 2024	285,000
	---------

The investment property was valued on an open market basis on 25th September 2025 by the director.

5. Debtors

	2025	2024
	£	£
Trade debtors	20,655	19,695
Other debtors	643	568
	--------	--------
	21,298	20,263
	--------	--------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	10,214	10,214
Trade creditors	643	568
Social security and other taxes	2,816	2,795
Other creditors	691,582	731,463
	---------	---------
	705,255	745,040
	---------	---------

Included within other creditors is a debt secured by a fixed and floating charge on all assets.

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	2,021	12,235
	-------	--------

8. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	300,000	300,000	300,000	300,000
	---------	---------	---------	---------