TMEZ LIMITED 31/10/2025 iXBRL

Company registration number: 12280422

TMEZ LIMITED

Unaudited filleted financial statements

31 October 2025

TMEZ LIMITED

Contents

Directors and other information

Statement of financial position

Statement of changes in equity

Notes to the financial statements

TMEZ LIMITED

Directors and other information


	Directors	Mr Badar Zaman
		Ms Branka Zaman


	Company number	12280422


	Registered office	114/116 High Street
		Acton
		London
		W3 6QX


	Business address	114/116 High Street
		Acton
		London
		W3 6QX


	Accountants	Nagle James Associates Ltd
		4th Floor, Amba House
		15 College Road
		Harrow
		HA1 1BA

TMEZ LIMITED

Statement of financial position

31 October 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	19,564		-
Investments	6	10,019,523		9,170,000
		_______		_______
			10,039,087		9,170,000

Current assets
Debtors	7	427,753		149,915
Cash at bank and in hand		33,540		21,210
		_______		_______
		461,293		171,125
Creditors: amounts falling due
within one year	8	( 825,281)		( 3,410,970)
		_______		_______
Net current liabilities			( 363,988)		( 3,239,845)
			_______		_______
Total assets less current liabilities			9,675,099		5,930,155

Creditors: amounts falling due
after more than one year	9		( 4,156,166)		( 342,376)

Provisions for liabilities			( 247,106)		( 242,215)

			_______		_______
Net assets			5,271,827		5,345,564
			_______		_______

Capital and reserves
Called up share capital			10,000		10,000
Share premium account			4,496,496		4,496,496
Non-distributable reserves			726,645		726,645
Profit and loss account			38,686		112,423
			_______		_______
Shareholders funds			5,271,827		5,345,564
			_______		_______

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 29 July 2026 , and are signed on behalf of the board by:

Mr Badar Zaman

Director

Company registration number: 12280422

TMEZ LIMITED

Statement of changes in equity

Year ended 31 October 2025

	Called up share capital	Share premium account	Non-distributable reserves	Profit and loss account	Total
	£	£	£	£	£


At 1 November 2023	10,000	4,496,496	-	44,034	4,550,530

Profit for the year				918,134	918,134
Other comprehensive income for the year:
Non-distributable reserves	-	-	726,645	( 726,645)	-
	_______	_______	_______	_______	_______
Total comprehensive income for the year	-	-	726,645	191,489	918,134

Dividends paid and payable				( 123,100)	( 123,100)
	_______	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	-	( 123,100)	( 123,100)

	_______	_______	_______	_______	_______
At 31 October 2024 and 1 November 2024	10,000	4,496,496	726,645	112,424	5,345,565

Profit for the year				72,612	72,612
	_______	_______	_______	_______	_______
Total comprehensive income for the year	-	-	-	72,612	72,612

Dividends paid and payable				( 146,350)	( 146,350)
	_______	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	-	( 146,350)	( 146,350)

	_______	_______	_______	_______	_______
At 31 October 2025	10,000	4,496,496	726,645	38,686	5,271,827
	_______	_______	_______	_______	_______

TMEZ LIMITED

Notes to the financial statements

Year ended 31 October 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is TMEZ Limited, 114/116 High Street, Acton, London, W3 6QX.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Turnover

Turnover represents rent receivable in respect of investment properties net of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Plant and machinery	-	12.5 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

4. Staff costs

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

The aggregate payroll costs incurred during the year were:

	2025	2024
	£	£
Wages and salaries	27,500	-
	_______	_______

5. Tangible assets

	Plant and machinery	Total
	£	£
Cost
At 1 November 2024	-	-
Additions	22,359	22,359
	_______	_______
At 31 October 2025	22,359	22,359
	_______	_______
Depreciation
At 1 November 2024	-	-
Charge for the year	2,795	2,795
	_______	_______
At 31 October 2025	2,795	2,795
	_______	_______
Carrying amount
At 31 October 2025	19,564	19,564
	_______	_______
At 31 October 2024	-	-
	_______	_______

6. Investments

	Property Investment	Total
	£	£
Cost
At 1 November 2024	9,170,000	9,170,000
Additions	849,523	849,523
	_______	_______
At 31 October 2025	10,019,523	10,019,523
	_______	_______
Impairment
At 1 November 2024 and 31 October 2025	-	-
	_______	_______
Carrying amount
At 31 October 2025	10,019,523	10,019,523
	_______	_______
At 31 October 2024	9,170,000	9,170,000
	_______	_______

The investment properties have been valued by the directors.

7. Debtors

		2025	2024
		£	£
Amounts owed from connected companies
	243,501	-
Other debtors		184,252	149,915
		_______	_______
		427,753	149,915
		_______	_______

8. Creditors: amounts falling due within one year

		2025	2024
		£	£
Bank loans and overdrafts		355,875	2,377,048
Trade creditors		51,213	-
Amounts owed to connected companies
	-	336,678
Corporation tax		26,980	16,422
Social security and other taxes		293,296	304,097
Other creditors		97,917	376,725
		_______	_______
		825,281	3,410,970
		_______	_______

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	4,156,166	342,376
	_______	_______

Included within creditors: amounts falling due after more than one year is an amount of £2,800,942.36 in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date. The bank loan is secured by a fixed and floating charge over all the company's assets and also by way of a first legal charge over the freehold properties. The director has also given a personal guarantee on the amount outstanding on the bank loan.

10. Directors advances, credits and guarantees

	During the year the directors entered into the following advances and credits with the company:

2025
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Badar and Mrs Branka Zaman	146,332	175,343	( 152,350)	169,325
		_______	_______	_______	_______

2024
		Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr Badar and Mrs Branka Zaman	123,049	146,332	( 123,049)	146,332
		_______	_______	_______	_______

The company has given a cross guarantee to a bank in respect of a company connected with the directors.