Twenty Four Six Constructions Limited Accounts






	Twenty Four Six Constructions Limited
	Company No. 09045573
	Information for Filing with The Registrar
	31 May 2025

The Director presents her report and the accounts for the year ended 31 May 2025.

Principal activities

The principal activity of the company during the year under review was Development Of Building Projects.
-

Director

The Director who served at any time during the year was as follows:

S.Ramaloo




The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

S.Ramaloo [1158-2]
Director
31 May 2025

at	31 May 2025
Company No.		09045573	Notes	2025	2024
				£	£
Fixed assets
Current assets
	Debtors		4	1,620,168	1,625,028
	Cash at bank and in hand			149	-
				1,620,317	1,625,028
Creditors: Amount falling due within one year			5	(1,899,227)	(1,721,318)
Net current liabilities				(278,910)	(96,290)
Total assets less current liabilities				(278,910)	(96,290)
Creditors: Amounts falling due after more than one year			6	(47,411)	(59,843)
Net liabilities				(326,321)	(156,133)

Capital and reserves
	Called up share capital			1	1
	Profit and loss account		8	(326,322)	(156,134)

Total equity				(326,321)	(156,133)


These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 31 May 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.


As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 May 2025 and signed on its behalf by:
S.Ramaloo [1158-2]
Director
31 May 2025

for the year ended 31 May 2025

1

General information

Twenty Four Six Constructions Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 09045573

Its registered office is:

309

Old Street

London

EC1V 9LA

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • the amount of revenue can be measured reliably; • it is probable that the economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
		2025	2024
		Number	Number
	The average monthly number of employees (including directors) during the year was:	0	0

4	Debtors
			2025	2024
			£	£
		Trade debtors	137,121	100,900
		Amounts owed by group undertakings	1,418,520	1,459,246
		Other debtors	-	882
		Prepayments and accrued income	64,527	64,000
			1,620,168	1,625,028

5	Creditors:
		amounts falling due within one year
			2025	2024
			£	£
		Bank loans and overdrafts	31,293	27,389
		Trade creditors	47,505	26,741
		Amounts owed to group undertakings	1,402,223	1,296,054
		Loans from directors	318,687	277,140
		Other creditors	96,519	92,494
		Accruals and deferred income	3,000	1,500
			1,899,227	1,721,318

6	Creditors:
		amounts falling due after more than one year
			2025	2024
			£	£
		Bank loans and overdrafts	47,411	59,843
			47,411	59,843

7

Share Capital

1

8

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

9

Related party disclosures

Transactions with related parties

As at 31 May, the Company was owed £938,540 from Far East Properties Ltd and £479,980 from Granby Street Ltd, and owed £55,645 to Elkay Properties Ltd, £158,000 to Guhan Investments Ltd, £125,000 to Guhan New Co, £480,578 to Reddy Properties Ltd, £215,000 to Sai Ventures Limited and £368,000 to Skanda, all of which are entities under common control.