Ken Tallis Properties Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09534901 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Ken Tallis Properties Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

K C Tallis

Mrs N Tallis-Dykes

REGISTERED OFFICE:

10A High Street

Pershore

Worcestershire

WR10 1BG

REGISTERED NUMBER:

09534901 (England and Wales)

ACCOUNTANTS:

Boyds Accountants

Britannia Court

5 Moor Street

Worcester

Worcestershire

WR1 3DB

FIXED ASSETS

Tangible assets

4

3,916

Investment property

5

366,051

369,967

CURRENT ASSETS

Debtors

6

-

3,650

Cash at bank

11,812

4,704

11,812

8,354

CREDITORS

Amounts falling due within one year

7

184,400

207,495

NET CURRENT LIABILITIES

(172,588

)

(199,141

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

197,379

170,826

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

10

197,279

170,726

SHAREHOLDERS' FUNDS

197,379

170,826

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The 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.

The financial statements were approved by the Board of Directors and authorised for issue on 22 June 2026 and were signed on its behalf by:

K C Tallis - Director

1.	STATUTORY INFORMATION

Ken Tallis Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced rents, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

property

£

COST

At 1 April 2025

and 31 March 2026

3,916

NET BOOK VALUE

At 31 March 2026

3,916

At 31 March 2025

3,916

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

366,051

NET BOOK VALUE

At 31 March 2026

366,051

At 31 March 2025

366,051

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

-

3,650

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Bank loans and overdrafts

-

20,817

Trade creditors

674

873

Amounts owed to group undertakings

48,171

38,295

Tax

6,228

6,381

Directors' current accounts

124,180

136,707

Accrued expenses

5,147

4,422

184,400

207,495

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

Bank loans

-

20,817

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.26

31.3.25

value:

£

100

Ordinary

£1

100

10.

RESERVES

Retained

earnings

£

At 1 April 2025

170,726

Profit for the year

26,553

At 31 March 2026

197,279

11.	RELATED PARTY DISCLOSURES

Ken Tallis Foods Ltd

During the year, rent of £31,200 received from Ken Tallis Foods Ltd. (2025- £31,200)

K C Tallis (Director)

The company borrows funds from the Directors

As at the year end a balance was owed to K Tallis of £124,179 (2025 - £90,778)

12.	ULTIMATE CONTROLLING PARTY

The company is under the control of its directors by virtue of their shareholding.