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Company Registration No. 13728882 (England and Wales)
Teal Property Ltd Unaudited accounts for the year ended 30 November 2025
Teal Property Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Teal Property Ltd Company Information for the year ended 30 November 2025
Directors
Bo Liu Miao Liu
Company Number
13728882 (England and Wales)
Registered Office
2 Quebec Road Ilford IG1 4TX England
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Teal Property Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Called up share capital not paid
100
100
Fixed assets
Tangible assets
4
717,743
679,320
Current assets
Debtors
5
43,710
79,710
Cash at bank and in hand
106,114
111,737
149,824
191,447
Creditors: amounts falling due within one year
6
(9,928)
(5,144)
Net current assets
139,896
186,303
Total assets less current liabilities
857,739
865,723
Creditors: amounts falling due after more than one year
7
(862,825)
(870,082)
Net liabilities
(5,086)
(4,359)
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
(5,186)
(4,459)
Shareholders' funds
(5,086)
(4,359)
For the year ending 30 November 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2026 and were signed on its behalf by
Bo Liu Director Company Registration No. 13728882
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Teal Property Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Teal Property Ltd is a private company, limited by shares, registered in England and Wales, registration number 13728882. The registered office is 2 Quebec Road, Ilford, IG1 4TX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover from the sale of property is recognised when property has been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Freehold
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Going concern
These accounts have been prepared on the going concern basis, on the understanding that the director and shareholders will continue to financially support the company during this uncertain period.
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Teal Property Ltd Notes to the Accounts for the year ended 30 November 2025
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 December 2024
679,320
Additions
38,423
At 30 November 2025
717,743
Depreciation
At 30 November 2025
-
Net book value
At 30 November 2025
717,743
At 30 November 2024
679,320
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
43,710
79,710
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
780
-
Loans from directors
4,018
-
Accruals
830
844
Deferred income
4,300
4,300
9,928
5,144
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
707,976
707,977
Loans from directors
154,849
162,105
862,825
870,082
The company has total secured liability to the value of £707,977 (2023: £456,241) which comprise of loans. These loans are secured by way of a first legal mortgage over the land at 8A & 8B Teal Avenue, St. Mary Cray, Orpington BR5 3NE.
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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