REGISTERED NUMBER: 15556366 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 JULY 2024 TO 31 DECEMBER 2025

FOR

T&N ENTERPRISES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M Durrani

REGISTERED OFFICE:

105 Gartree Road

Leicester

Leicestershire

LE2 2FF

REGISTERED NUMBER:

15556366 (England and Wales)

FIXED ASSETS

Investments

4

101

-

Investment property

5

446,250

-

446,351

-

CURRENT ASSETS

Debtors

6

1,577,279

-

Cash at bank and in hand

6,552

100

1,583,831

100

CREDITORS

Amounts falling due within one year

7

1,990,758

-

NET CURRENT (LIABILITIES)/ASSETS

(406,927

)

100

TOTAL ASSETS LESS CURRENT LIABILITIES

39,424

100

PROVISIONS FOR LIABILITIES

8

6,718

-

NET ASSETS

32,706

100

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

20,155

-

Retained earnings

12,451

-

32,706

100

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 July 2026 and were signed by:

Mr M Durrani - Director

1.	STATUTORY INFORMATION

T&N Enterprises 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Preparation of consolidated financial statements

The financial statements contain information about T&N Enterprises Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover consists of rental income from the properties owned by the business. The income is recognised in the period in which the rental relates.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 period 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 period 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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

101

At 31 December 2025

101

NET BOOK VALUE

At 31 December 2025

101

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

419,377

Revaluations

26,873

At 31 December 2025

446,250

NET BOOK VALUE

At 31 December 2025

446,250

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

446,250

If the investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

419,377

-

Investment property was valued on an open market basis on 31 December 2025 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

1,177,390

-

Other debtors

399,889

-

1,577,279

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

597

-

Taxation and social security

6,911

-

Other creditors

1,983,250

-

1,990,758

-

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Taxation on revaluation

6,718

-

Deferred

tax

£

Provided during period

6,718

Balance at 31 December 2025

6,718

9.

RESERVES

Fair

value

reserve

£

Revaluation in year

26,873

Transfer of deferred tax

(6,718

)

At 31 December 2025

20,155

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 31 December 2025 and 30 June 2024:

2025

2024

£

£

Mr M Durrani

Balance outstanding at start of period

-

-

Amounts advanced

1,096,389

-

Amounts repaid

(696,500

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

399,889

-

Interest of £21,364 was charged on the overdrawn director's loan account during the year and remained outstanding at the year end.

11.	RELATED PARTY DISCLOSURES

As at 31 December 2025, the company owed £1,980,250 to related parties which the director has an interest in.