REGISTERED NUMBER: 04877697 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st August 2025

for

Tia Rumba Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Linsley

Mr B Linsley

SECRETARY:

Mrs A Linsley

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

04877697 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Investment property

4

130,000

130,000

CURRENT ASSETS

Debtors

5

192

304

Cash at bank

315

584

507

888

CREDITORS

Amounts falling due within one year

6

53,438

49,686

NET CURRENT LIABILITIES

(52,931

)

(48,798

)

TOTAL ASSETS LESS CURRENT LIABILITIES

77,069

81,202

CREDITORS

Amounts falling due after more than one year

7

(140,169

)

(129,968

)

PROVISIONS FOR LIABILITIES

-

(4,750

)

NET LIABILITIES

(63,100

)

(53,516

)

CAPITAL AND RESERVES

Called up share capital

10

100

100

Fair value reserve

11

20,050

21,191

Retained earnings

11

(83,250

)

(74,807

)

SHAREHOLDERS' FUNDS

(63,100

)

(53,516

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 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 22nd May 2026 and were signed on its behalf by:

Mrs A Linsley - Director

Mr B Linsley - Director

1.	STATUTORY INFORMATION

Tia Rumba Limited 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 as modified by the revaluation of certain assets.

The financial statements are presented in sterling (£), which is the functional currency of the company.

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 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.

Going concern

The company is reliant on the support of its director and shareholders and having made appropriate enquiries, the director has considered the future cashflow of the company and is not aware of any reason why the company will not be able to meet its liabilities as they fall due for the foreseeable future. As a result the director has continued to adopt the going concern basis.

Cash and cash equivalents

Cash and cash equivalents consist solely of the balance held in the company's bank current account. Cash is defined as cash on hand and demand deposits, while cash equivalents are short term, highly liquid investments that are readily convertible to known amounts of cash and are subject to an insignificant risk of changes in value. The company does not hold any short term investments and does not operate an overdraft facility.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

COST OR VALUATION

At 1st September 2024

and 31st August 2025

130,000

NET BOOK VALUE

At 31st August 2025

130,000

At 31st August 2024

130,000

Cost or valuation at 31st August 2025 is represented by:

£

Valuation in 2024

20,050

Cost

109,950

130,000

The market values of the investment properties were reviewed by the directors as at 31 August 2025.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Other debtors

128

240

Tax recoverable

64

64

192

304

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Directors' current accounts

52,430

48,726

Accrued expenses

1,008

960

53,438

49,686

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Mortgages

140,169

129,968

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Mortgage

140,169

129,968

The mortgage is secured on the property.

9.	FINANCIAL INSTRUMENTS

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

£

100

Ordinary 'A'

£1

100

100

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1st September 2024

(74,807

)

21,191

(53,616

)

Deficit for the year

(9,584

)

(9,584

)

Assets revalued in period

1,141

(1,141

)

-

At 31st August 2025

(83,250

)

20,050

(63,200

)

12.	POST BALANCE SHEET EVENTS

Subsequent to the reporting date, the company’s property at DeQuincy House, Glasgow was repossessed by the lender in November 2025 following a prolonged period of engagement with the lender to sell the property and discharge the mortgage. Sale attempts were unsuccessful, including agreed transactions which did not complete, and the lender ultimately took possession and sold the property at a reduced value.

The financial impact of this event will be recognised in the year ending 31 August 2026. The directors expect a material loss to arise, together with a potential shortfall on the related loan, the final amount of which remains subject to lender confirmation.

13.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are Mrs A and Mr B Linsley, the directors.