TOWER 1 PROPERTIES LTD


Director	GILL, Harpreet Singh


Registered Address	Unit A
	82 James Carter Road
	Mildenhall
	IP28 7DE


Registered Number	16641279 (England and Wales)

Balance Sheet as at
31 March 2026

	Notes	2026
		£	£
Fixed assets
Investment property	3		205,970
			205,970
Current assets
Cash at bank and on hand		1,486
		1,486
Creditors amounts falling due within one year	4	(74,566)
Net current assets (liabilities)			(73,080)
Total assets less current liabilities			132,890
Creditors amounts falling due after one year	5		(139,018)
Net assets			(6,128)
Capital and reserves
Profit and loss account			(6,128)
Shareholders' funds			(6,128)

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 6 August 2026, and are signed on its behalf by:

GILL, Harpreet Singh
Director
Registered Company No. 16641279

TOWER 1 PROPERTIES LTD

Notes to the Financial Statements
for the period ended 31 March 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2026
	Average number of employees during the year	1

3.	Investment property


		£
	Additions	205,970
	At 31 March 26	205,970

4.	Creditors: amounts due within one year

		2026
		£
	Other creditors	73,816
	Accrued liabilities and deferred income	750
	Total	74,566

5.	Creditors: amounts due after one year

		2026
		£
	Bank borrowings and overdrafts	139,018
	Total	139,018