REGISTERED NUMBER: 15508667 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2026

for

Tauro Properties Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

299,000

299,000

CURRENT ASSETS

Debtors

5

2,161

1,913

Cash at bank

3,836

3,314

5,997

5,227

CREDITORS

Amounts falling due within one year

6

93,782

91,954

NET CURRENT LIABILITIES

(87,785

)

(86,727

)

TOTAL ASSETS LESS CURRENT LIABILITIES

211,215

212,273

CREDITORS

Amounts falling due after more than one year

7

223,756

223,756

NET LIABILITIES

(12,541

)

(11,483

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

(3,417

)

(3,417

)

Retained earnings

9

(9,224

)

(8,166

)

SHAREHOLDERS' FUNDS

(12,541

)

(11,483

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2026 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 20 October 2026 and were signed by:

Mr Paul Michael Johnson - Director

1.	STATUTORY INFORMATION

Tauro Properties Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15508667

Registered office:

Unit 1 Wilbury Way

Hitchin

Hertfordshire

SG4 0TW

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.

Turnover

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors or external valuers. Any changes in fair value are

recognised in profit or loss account. This accounting policy is in accordance with FRS102.

Taxation

Taxation for the year 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 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.

Going concern

At the balance sheet date the company had net current liabilities of £87,785 (2025: £86,727) and retained losses of £9,224 (2025: £8,166). The director has pledged to continue to financially support the company for the foreseeable future. On this basis, the director feels it is appropriate to prepare these financial statements on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from tenants for rental of the investment property in the ordinary

course of business.

Trade debtors are recognised at the transaction price.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 October 2025

and 30 September 2026

299,000

NET BOOK VALUE

At 30 September 2026

299,000

At 30 September 2025

299,000

Fair value at 30 September 2026 is represented by:

£

Valuation in 2024

(3,417

)

Cost

302,417

299,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

2,161

1,913

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

1,768

1,635

Other creditors

92,014

90,319

93,782

91,954

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other creditors

223,756

223,756

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

223,756

223,756

Creditors includes an interest only mortgage on the investment property of £223,756 due after more than 5 years.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

1

100

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 October 2025

(8,166

)

(3,417

)

(11,583

)

Deficit for the year

(1,058

)

(1,058

)

At 30 September 2026

(9,224

)

(3,417

)

(12,641

)

10.	RELATED PARTY DISCLOSURES