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Registered number: 02505865
Touchdown Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 02505865
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,209,729 1,806,383
2,209,729 1,806,383
CURRENT ASSETS
Debtors 5 1,056 2,307
Cash at bank and in hand 113 3,498
1,169 5,805
Creditors: Amounts Falling Due Within One Year 6 (292,752 ) (263,512 )
NET CURRENT ASSETS (LIABILITIES) (291,583 ) (257,707 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,918,146 1,548,676
Creditors: Amounts Falling Due After More Than One Year 7 (357,608 ) (694 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (212,624 ) (172,403 )
NET ASSETS 1,347,914 1,375,579
CAPITAL AND RESERVES
Called up share capital 9 100 100
Fair value reserve 921,995 962,802
Profit and Loss Account 425,819 412,677
SHAREHOLDERS' FUNDS 1,347,914 1,375,579
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Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Asvinkumar Patel
Director
11 August 2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Touchdown Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02505865 . The registered office is 29 Cedar Drive, Hatch End, Pinner, Middlesex, HA5 4BY.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable in respect of investment property rentals, stated net of discounts and of Value Added Tax.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold Not Depreciated (see below)
Leasehold Not Depreciated (see below)
Fixtures & Fittings 15% reducing balance
2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. 
All of the financial instruments applying to the company are basic as defined in the Accounting Standard, and as such are initially recognised at the transaction price.  Debt instruments are subsequently measured at amortised cost.
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2.6. 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 statement of comprehensive income 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 timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing 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. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Leasehold Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 April 2025 1,450,000 350,000 42,571 1,842,571
Additions 409,729 - - 409,729
Disposals - - (42,571 ) (42,571 )
As at 31 March 2026 1,859,729 350,000 - 2,209,729
Depreciation
As at 1 April 2025 - - 36,188 36,188
Disposals - - (36,188 ) (36,188 )
As at 31 March 2026 - - - -
Net Book Value
As at 31 March 2026 1,859,729 350,000 - 2,209,729
As at 1 April 2025 1,450,000 350,000 6,383 1,806,383
The carrying figures for the company's investment properties above represent the director's best estimate of market values at 31 March 2025, based on current information publicly available.
5. Debtors
2026 2025
£ £
Due within one year
Prepayments and accrued income 1,056 2,307
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Bank loans and overdrafts 16,208 -
Family loans 86,928 78,416
Other taxes and social security 4,949 6,281
Other creditors and accruals 4,920 8,255
Director's loan account 179,747 170,560
292,752 263,512
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7. Creditors: Amounts Falling Due After More Than One Year
2026 2025
£ £
Bank loans 357,608 694
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2026 2025
£ £
Revaluation of investment properties 212,624 172,403
9. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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