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Company Registration No. 08605674 (England and Wales)
Tip-to-tiptop Properties Limited Unaudited accounts for the year ended 31 July 2025
Tip-to-tiptop Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Tip-to-tiptop Properties Limited Company Information for the year ended 31 July 2025
Directors
WACHUKU-KING, Duane WACHUKU-KING, Duane Avery
Company Number
08605674 (England and Wales)
Registered Office
3rd Floor 207 Regent Street London London W1B 3HH England
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Tip-to-tiptop Properties Limited Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
639
960
Investment property
5
200,000
200,000
200,639
200,960
Current assets
Debtors
6
959
61
Cash at bank and in hand
826
5,614
1,785
5,675
Creditors: amounts falling due within one year
7
(50,657)
(57,024)
Net current liabilities
(48,872)
(51,349)
Total assets less current liabilities
151,767
149,611
Creditors: amounts falling due after more than one year
8
(153,780)
(153,780)
Net liabilities
(2,013)
(4,169)
Capital and reserves
Called up share capital
1
1
Profit and loss account
(2,014)
(4,170)
Shareholders' funds
(2,013)
(4,169)
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 April 2026 and were signed on its behalf by
WACHUKU-KING, Duane Director Company Registration No. 08605674
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Tip-to-tiptop Properties Limited Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
Tip-to-tiptop Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 08605674. The registered office is 3rd Floor, 207 Regent Street, London, London, W1B 3HH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10%
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Tip-to-tiptop Properties Limited Notes to the Accounts for the year ended 31 July 2025
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 August 2024
3,205
At 31 July 2025
3,205
Depreciation
At 1 August 2024
2,245
Charge for the year
321
At 31 July 2025
2,566
Net book value
At 31 July 2025
639
At 31 July 2024
960
5
Investment property
2025
£
Fair value at 1 August 2024
200,000
At 31 July 2025
200,000
Investment property comprises £200,000 (2023 - £200,000). The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. If investment properties were stated on an historical cost basis rather than a fair value basis, the amounts would have been included as follows: £176256
6
Debtors
2025
2024
£
£
Amounts falling due after more than one year
Other debtors
959
61
7
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
50,657
57,024
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
153,780
153,780
All loans were secured by The Mortgage Lender Limited under fixed charges over the investment property of the company.
9
Controlling party
Included within other payables is an amount of £45923 (2024: £56124) that is owed to the director on his loan account.
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Tip-to-tiptop Properties Limited Notes to the Accounts for the year ended 31 July 2025
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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