REGISTERED NUMBER: SC823626 (Scotland)

TFJ Property Limited

Unaudited Financial Statements

for the year ended

30th September 2026

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

5

Directors:

F Frans

T Pietermaat

J Verlinden

Registered office:

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Registered number:

SC823626 (Scotland)

Accountants:

Rennie Welch LLP

Academy House

Shedden Park Road

Kelso

Roxburghshire

TD5 7AL

Fixed assets

Investment property

4

52,822

46,500

Current assets

Debtors

5

474

590

Cash at bank

3,731

9,380

4,205

9,970

Creditors

Amounts falling due within one year

6

58,800

57,815

Net current liabilities

(54,595

)

(47,845

)

Total assets less current liabilities

(1,773

)

(1,345

)

Capital and reserves

Called up share capital

95

95

Retained earnings

(1,868

)

(1,440

)

(1,773

)

(1,345

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th October 2026 and were signed on its behalf by:

F Frans - Director

T Pietermaat - Director

J Verlinden - Director

1.	Statutory information

TFJ Property Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

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

Rental income is recognised on the date the rent is received. The rent is received at the start of each month.

Investment property

Investment property is currently stated at cost but this is also deemed as the Fair Value given the valuation completed in February 2026.

Financial instruments

The following assets and liabilities are classified as financial instruments - accruals and directors' loans.

Directors' loans (being repayable on demand) and accruals are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 year 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.

Provisions

Provisions are set up only where it is probable that a present obligation exists as a result of an event prior to the balance sheet date and that a payment will be required in settlement that can be estimated reliably. Where material, provisions are calculated on a discounted basis.

Going concern

The continued trading of the company is dependent on the future support of the directors through their loan accounts. The directors have made a commitment not to seek repayment of the loans within the foreseeable future and the accounts have therefore been prepared on the going concern basis.

3.	Employees and directors

The average number of employees during the year was NIL (2025 - NIL).

4.	Investment property

Total

£

Fair value

At 1st October 2025

46,500

Additions

6,322

At 30th September 2026

52,822

Net book value

At 30th September 2026

52,822

At 30th September 2025

46,500

5.

Debtors: amounts falling due within one year

2026

2025

£

£

Other debtors

474

590

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Other creditors

58,800

57,815

7.	Directors advances, credits and guarantees

The following advances and credits to a director subsisted during the period ended 30th September 2025 and year ended 30th September 2026:

2026

2025

£

£

Director

Balance outstanding at start of year

15

-

Amounts advanced

-

15

Amounts repaid

(15

)

-

Balance outstanding at end of year

-

15

This loan is unsecured, interest free and it is repayable on demand.