Tavern Estates Ltd - Filleted accounts

Registered number

10330014

Tavern Estates Ltd

Filleted Accounts

31 January 2025

Tavern Estates Ltd
Registered number:		10330014
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Investment property	3		675,000			650,000
Investments	4		1			1
			675,001			650,001

Current assets
Debtors	5	515,911			625,552
Cash at bank and in hand		416			116
		516,327			625,668

Creditors: amounts falling due within one year	6	(120,502)			(237,228)

Net current assets			395,825			388,440

Total assets less current liabilities			1,070,826			1,038,441


Provisions for liabilities			(25,598)			(25,598)


Net assets			1,045,228			1,012,843

Capital and reserves
Called up share capital			1			1
Other reserves	7		109,127			109,127
Profit and loss account			936,100			903,715

Shareholder's funds			1,045,228			1,012,843

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J Friedman
Director
Approved by the board on 19 January 2026

Tavern Estates Ltd
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
	The company has taken advantage of the exemption under section 400 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group.

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

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted 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 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 as the amount of tax payable using 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 timing differences.
	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.

	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.


2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	0		0


3	Investment property
				Land and buildings
£
	Cost
	At 1 February 2024			650,000
	Additions			25,000
	At 31 January 2025			675,000

	Depreciation
	At 31 January 2025			-

	Fair value and net book value:
	At 31 January 2025			675,000
	At 31 January 2024			650,000

	The fair value of the investment property has been arrived at on the basis of a valuation carried out at the year end by the director. The valuation was made on an open market basis by reference to market evidence of transaction prices for similar properties.


4	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 February 2024			1

	At 31 January 2025			1


5	Debtors	2025		2024
£			£

	Trade debtors	6,060		3,904
	Amounts owed by group undertakings and undertakings in which the company has a participating interest	509,851		507,120
	Other debtors	-		114,528
		515,911		625,552


6	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	1,504		12,676
	Taxation and social security costs	553		2,794
	Other creditors	118,445		221,758
		120,502		237,228


7	Revaluation reserve	2025		2024
£			£

	At 1 February 2024	109,127		109,127

	At 31 January 2025	109,127		109,127


8	Other information

	Tavern Estates Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	16c Urban Hive
	Theydon Road
	London
	E5 9BQ


10	Related party disclosure

	Included within other creditors is an amount of £65,195 (2024: £169,508) due to Bellview Estates Ltd, a company in which J Friedman has a material interest.
	There are no terms as to interest or repayment in respect of the above loans.