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Registered number: 14278502
Taffandy Homes Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2025
Peter Jarman LLP
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14278502
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 872,699 578,144
872,699 578,144
CURRENT ASSETS
Debtors 5 1,101 3,110
Cash at bank and in hand 2,485 20,477
3,586 23,587
Creditors: Amounts Falling Due Within One Year 6 (502,094 ) (357,173 )
NET CURRENT ASSETS (LIABILITIES) (498,508 ) (333,586 )
TOTAL ASSETS LESS CURRENT LIABILITIES 374,191 244,558
Creditors: Amounts Falling Due After More Than One Year 7 (419,627 ) (249,484 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (106 ) (1,319 )
NET LIABILITIES (45,542 ) (6,245 )
CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 453 5,621
Profit and Loss Account (46,095 ) (11,966 )
SHAREHOLDERS' FUNDS (45,542) (6,245)
Page 1
Page 2
For the year ending 31 August 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr A T Makoni
Director
29/05/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Taffandy Homes Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14278502 . The registered office is St James' Hall, Mill Road, Lancing, West Sussex, BN15 0PT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover represents rents receivable on investment properties for the accounting period.
2.3. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.4. 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 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. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Investment Property
2025
£
Fair Value
As at 1 September 2024 578,144
Additions 300,935
Revaluations (6,380)
As at 31 August 2025 872,699
Page 3
Page 4
If investment property had not been revalued it would have been included at the following historical cost:
2025 2024
£ £
Cost 872,139 571,204
The investment properties were valued on an open market basis at the financial year-end of 31 August 2025 by the directors.
The company owns 4 investment properties and the combined value of the properties at the financial year end is £872,699.
Cost: £872,139
Valuation in 2024: £6,940
Valuation in 2025: -£6,380
Total: £872,699
5. Debtors
2025 2024
£ £
Due within one year
Other debtors 1,101 3,110
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 425 719
Bank loans and overdrafts - 2
Bridging loan 155,861 -
Other creditors 345,808 356,452
502,094 357,173
7. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Mortgage 419,627 249,484
8. Secured Creditors
The mortgages and bridging loan are secured over the assets in the company, including the investment properties. 
2025 2024
£ £
Bank loans and overdrafts 575,488 249,484
9. Provisions for Liabilities
Deferred Tax Total
£ £
As at 1 September 2024 1,319 1,319
Utilised (1,213 ) (1,213)
Balance at 31 August 2025 106 106
Page 4
Page 5
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Reserves
Fair value reserve Profit and Loss Account
£ £
As at 1 September 2024 5,621 (11,966 )
Loss for the year and total comprehensive income - (39,297 )
Transfer to/from Fair value reserve - 5,168
Transfer to/from Profit & Loss Account (5,168 ) -
As at 31 August 2025 453 (46,095 )
Page 5