0 01/01/2025 31/12/2025 2025-12-31 false false false false false false false true false false true false false false false true false false No description of principal activities is disclosed 2025-01-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 02348218 2025-01-01 2025-12-31 02348218 2025-12-31 02348218 2024-12-31 02348218 2024-01-01 2024-12-31 02348218 2024-12-31 02348218 2023-12-31 02348218 bus:RegisteredOffice 2025-01-01 2025-12-31 02348218 bus:Director1 2025-01-01 2025-12-31 02348218 bus:Director3 2025-01-01 2025-12-31 02348218 bus:CompanySecretary1 2025-01-01 2025-12-31 02348218 core:WithinOneYear 2025-12-31 02348218 core:WithinOneYear 2024-12-31 02348218 core:RetainedEarningsAccumulatedLosses 2024-12-31 02348218 core:RetainedEarningsAccumulatedLosses 2023-12-31 02348218 core:RetainedEarningsAccumulatedLosses 2025-12-31 02348218 core:RetainedEarningsAccumulatedLosses 2024-12-31 02348218 core:ShareCapital 2025-12-31 02348218 core:ShareCapital 2024-12-31 02348218 core:CostValuation core:Non-currentFinancialInstruments 2025-12-31 02348218 core:Non-currentFinancialInstruments 2025-12-31 02348218 core:Non-currentFinancialInstruments 2024-12-31 02348218 bus:SmallEntities 2025-01-01 2025-12-31 02348218 bus:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 02348218 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02348218 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02348218 bus:FullAccounts 2025-01-01 2025-12-31
Company registration number: 02348218
TAPTON PROPERTIES LTD
Unaudited financial statements
31 December 2025
TAPTON PROPERTIES LTD
Contents
Directors and other information
Directors report
Statement of income and retained earnings
Statement of financial position
Notes to the financial statements
TAPTON PROPERTIES LTD
Directors and other information
Directors Mr Malcolm Heald
Miss Sarah Heald
Secretary Malcolm Heald
Company number 02348218
Registered office Littleworth Common
Bucks
SL1 8QE
Business address Horseshoe Hill House,
Littleworth Common,
Bucks.
SL1 8QE
TAPTON PROPERTIES LTD
Directors report
Year ended 31 December 2025
The directors present their report and the unaudited financial statements of the company for the year ended 31 December 2025.
Directors
The directors who served the company during the year were as follows:
Mr Malcolm Heald
Miss Sarah Heald
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 24 August 2026 and signed on behalf of the board by:
Mr Malcolm Heald
Director
TAPTON PROPERTIES LTD
Statement of income and retained earnings
Year ended 31 December 2025
2025 2024
Note £ £
Turnover 100,000 -
Cost of sales - -
Distribution costs ( 898) -
Administrative expenses ( 3,393) ( 4,510)
_______ _______
Operating profit/(loss) 95,709 ( 4,510)
Other interest receivable and similar income - 280
Profit/(loss) before taxation 5 95,709 ( 4,230)
Tax on profit/(loss) ( 24,000) -
_______ _______
Profit/(loss) for the financial year and total comprehensive income 71,709 ( 4,230)
_______ _______
Retained earnings at the start of the year 265,215 269,446
_______ _______
Retained earnings at the end of the year 336,924 265,216
_______ _______
All the activities of the company are from continuing operations.
TAPTON PROPERTIES LTD
Statement of financial position
31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Investments 6 7,926,608 7,926,608
_______ _______
7,926,608 7,926,608
Current assets
Stocks 1 1
Debtors:
Amounts falling due within one year 7 - 2,860
Cash at bank and in hand 15,795 25,943
_______ _______
15,796 28,804
Creditors: amounts falling due
within one year 8 ( 7,605,382) ( 7,690,098)
_______ _______
Net current liabilities ( 7,589,586) ( 7,661,294)
_______ _______
Total assets less current liabilities 337,022 265,314
Accruals and deferred income - -
_______ _______
Net assets 337,022 265,314
_______ _______
Capital and reserves
Called up share capital 98 98
Profit and loss account 336,924 265,216
_______ _______
Shareholders funds 337,022 265,314
_______ _______
For the year ending 31 December 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 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'.
These financial statements were approved by the board of directors and authorised for issue on 24 August 2026 , and are signed on behalf of the board by:
Mr Malcolm Heald
Director
Company registration number: 02348218
TAPTON PROPERTIES LTD
Notes to the financial statements
Year ended 31 December 2025
1.General information
The company is a private company limited by shares, registered in England. The address of the registered office is Horseshoe Hill House, Littleworth Common, Bucks, SL1 8QE.
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 is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
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.
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. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Employee numbers
The average number of persons employed by the company during the year amounted to Nil (2024: Nil).
Directors ceased to be paid with effect from 1 April 2020
5. Profit/loss before taxation
Profit/loss before taxation is stated after charging/(crediting):
2025 2024
£ £
Amortisation of intangible assets 717 -
_______ _______
6. Investments
Shares in group undertakings and participating interests Total
£ £
Cost
At 1 January 2025 and 31 December 2025 7,926,608 7,926,608
_______ _______
Impairment
At 1 January 2025 and 31 December 2025 - -
_______ _______
Carrying amount
At 31 December 2025 7,926,608 7,926,608
_______ _______
At 31 December 2024 7,926,608 7,926,608
_______ _______
7. Debtors
Debtors falling due within one year are as follows:
2025 2024
£ £
Other debtors - 2,860
_______ _______
8. Creditors: amounts falling due within one year
2025 2024
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 7,580,160 7,688,830
Corporation tax 25,222 1,268
_______ _______
7,605,382 7,690,098
_______ _______
9. Controlling party
The cpm[any is a 100% subsidiary of Summerley Investments Ltd, a company wholly owned by MB Heald and his family .