Tails And Tales Limited

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2—3

Registered number: 08777431

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets			1,208,756		874,100

			1,208,756		874,100
Creditors: Amounts Falling Due Within One Year	4	(186,661 )		(17,318 )

NET CURRENT ASSETS (LIABILITIES)			(186,661 )		(17,318 )

TOTAL ASSETS LESS CURRENT LIABILITIES			1,022,095		856,782

Creditors: Amounts Falling Due After More Than One Year	5		(1,067,306 )		(894,330 )

NET LIABILITIES			(45,211 )		(37,548 )

CAPITAL AND RESERVES
Called up share capital	6		100		100
Income Statement			(45,311 )		(37,648 )

SHAREHOLDERS' FUNDS			(45,211)		(37,548)

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr T Metzgen

Director

02/11/2026

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

Tails And Tales Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08777431 . The registered office is 2nd Floor, Heathmans House, 19 Heathmans Road, London, SW6 4TJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable to the Micro-entities Regime.

2.2. Turnover

Turnover is stated net of VAT. Turnover represents the value of rental income provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Rents and service charges from lettings are recognised net of losses from voids.

Income is recognised from the date the property is first let.

2.3. Investment Properties

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

2.4. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2024: NIL)

4. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	186,661	17,318

5. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	-	18,930
Other creditors	1,067,306	875,400

	1,067,306	894,330

Of the creditors falling due after more than one year, an amount of £855,190 is due after more than five years.

The Loan shall be repayable on demand by the Lender, or in any event no later than 30th June 2054. The Company may make early repayment in whole or in part at any time without penalty.

Interest shall be payable in kind (PIK) and shall be capitalised quarterly, increasing the principal amount of the Loan accordingly.

The Loan shall bear PIK interest at the rate of 8% per annum, calculated annually on the outstanding principal amount. Interest shall accrue from the date of the Loan until repayment in full and shall be capitalised quarterly.

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Tails And Tales Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

7. Directors Advances, Credits and Guarantees

Included within the year end creditors balance is an amount due from the company to Mr T Metzgen of £185,151 (2024: £16,006). Throughout the year, total advances from the director to the company of £169,145 (2024: £3,794) with repayments of £Nil (2024: £532). The outstanding balance is unsecured, repayable on demand and not subject to interest.

	As at 1 September 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 August 2025
	£	£	£	£	£
Mr Tim Metzgen	16,006	169,145	-	-	185,151

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