TIMENYS PROPERTIES LTD

TIMENYS PROPERTIES LTD
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

TIMENYS PROPERTIES LTD Accountants' Report For the year ended 31 March 2026
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. HPJ Accountancy & Consultancy 31 March 2026 .................................................... HPJ Accountancy & Consultancy Suite 5.6, 5th Floor Standard Buildings 94 Hope Street GLASGOW G2 6PH 09 June 2026 1

TIMENYS PROPERTIES LTD
Accountants' Report
For the year ended 31 March 2026

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2026 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
HPJ Accountancy & Consultancy
31 March 2026

....................................................

HPJ Accountancy & Consultancy
Suite 5.6, 5th Floor
Standard Buildings
94 Hope Street
GLASGOW
G2 6PH
09 June 2026

1

TIMENYS PROPERTIES LTD
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	590,851	605,712
		590,851	605,712
Current assets
Debtors		0	5,056
Cash at bank and in hand		27,809	8,037
		27,809	13,093
Creditors: amount falling due within one year		(16,776)	(23,990)
Net current assets		11,033	(10,897)

Total assets less current liabilities		601,884	594,815
Creditors: amount falling due after more than one year		(828,349)	(853,216)
Net assets		(226,465)	(258,401)

Capital and reserves
Profit and loss account		(226,465)	(258,401)
Shareholders' funds		(226,465)	(258,401)

For the year ended 31 March 2026 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 accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 09 June 2026 and were signed by:

-------------------------------
Anthony Oleyinka Samson
Director

2

TIMENYS PROPERTIES LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

TIMENYS PROPERTIES LTD is a private company, limited by shares, registered in Scotland, registration number SC763000, registration address Suite 5.6, 5th Floor, 94 Hope Street, GLASGOW, G2 6PH.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

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

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Website cost

Planning and operating costs for the company's website are charged to the income statement as incurred.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Investment Properties are depreciated for 50 years - Straight line Method and Fixture and Fittings are depreciated at 15% Reducing Balance.

2.	Average number of employees There was no any employee during the period under review. Average number of employees during the year was 0 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Investment properties	Total
	£	£	£
At 01 April 2025	28,858	600,000	628,858
Additions	1,201	-	1,201
Disposals	-	-	-
At 31 March 2026	30,059	600,000	630,059
Depreciation
At 01 April 2025	1,776	21,370	23,146
Charge for year	4,062	12,000	16,062
On disposals	-	-	-
At 31 March 2026	5,838	33,370	39,208
Net book values
Closing balance as at 31 March 2026	24,221	566,630	590,851
Opening balance as at 01 April 2025	27,082	578,630	605,712

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
10,000 Class A shares of £1.00 each	10,000		10,000
	10,000		10,000

3

Registered Number: SC763000
Scotland
TIMENYS PROPERTIES LTD

Abridged Accounts

Period of accounts Start date: 01 April 2025 End date: 31 March 2026