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REGISTERED NUMBER: 07427739 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Tomcait Investments Limited

Tomcait Investments Limited (Registered number: 07427739)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tomcait Investments Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P T G Woolley





SECRETARY: T D G Woolley





REGISTERED OFFICE: Deri Vale
38 Pen-y-Pound
Abergavenny
Monmouthshire
NP7 7RN





REGISTERED NUMBER: 07427739 (England and Wales)





ACCOUNTANTS: Ashmole & Co
Park Chambers
10 Hereford Road
Abergavenny
Monmouthshire
NP7 5PR

Tomcait Investments Limited (Registered number: 07427739)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1 996
Investments 5 42,100 42,100
Investment property 6 4,325,000 4,095,475
4,367,101 4,138,571

CURRENT ASSETS
Debtors 7 34,733 35,850
Cash at bank 5,694 85,006
40,427 120,856
CREDITORS
Amounts falling due within one year 8 2,105,937 2,239,034
NET CURRENT LIABILITIES (2,065,510 ) (2,118,178 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,301,591

2,020,393

PROVISIONS FOR LIABILITIES 241,098 148,197
NET ASSETS 2,060,493 1,872,196

CAPITAL AND RESERVES
Called up share capital 1,300 1,300
Share premium 299,700 299,700
Fair value reserve 9 1,213,539 1,080,464
Retained earnings 545,954 490,732
SHAREHOLDERS' FUNDS 2,060,493 1,872,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Tomcait Investments Limited (Registered number: 07427739)

Balance Sheet - continued
31 March 2024


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 4 October 2024 and were signed by:





P T G Woolley - Director


Tomcait Investments Limited (Registered number: 07427739)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Tomcait Investments 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 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.

Income
The company's income is derived from the rental of residential properties. Income receivable during the period is included within the company's profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Tomcait Investments Limited (Registered number: 07427739)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 5,037
DEPRECIATION
At 1 April 2023 4,041
Charge for year 995
At 31 March 2024 5,036
NET BOOK VALUE
At 31 March 2024 1
At 31 March 2023 996

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 100 42,000 42,100
NET BOOK VALUE
At 31 March 2024 100 42,000 42,100
At 31 March 2023 100 42,000 42,100

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 4,095,475
Additions 3,360
Fair value adjustment 226,165
At 31 March 2024 4,325,000
NET BOOK VALUE
At 31 March 2024 4,325,000
At 31 March 2023 4,095,475

Tomcait Investments Limited (Registered number: 07427739)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. INVESTMENT PROPERTY - continued

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2019 811,472
Valuation in 2020 40,000
Valuation in 2021 187,000
Valuation in 2021 55,000
Valuation in 2022 135,000
Valuation in 2023 226,165
Cost 2,870,363
4,325,000

The investment properties are shown at fair value.The properties have been valued by the director.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Amounts owed by group undertakings 16,788 16,788
Other debtors 17,945 19,062
34,733 35,850

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 101 -
Taxation and social security 19,029 12,477
Other creditors 2,086,807 2,226,557
2,105,937 2,239,034

9. RESERVES
Fair
value
reserve
£   
At 1 April 2023 1,080,464
Transfer 133,075

At 31 March 2024 1,213,539

Tomcait Investments Limited (Registered number: 07427739)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
P T G Woolley
Balance outstanding at start of year (1,952,684 ) (2,048,407 )
Amounts advanced 126,309 137,723
Amounts repaid - (42,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (1,826,375 ) (1,952,684 )

11. RELATED PARTY DISCLOSURES

As at the balance sheet date, included in other creditors is an amount of £253,856 (2023 - £253,856) that is owed to a company of which Mr P T G Woolley is a director.

During the period the company paid £5000 ( 2023 - £10,000) to a company connected to its director for consultancy
services.



12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P T G Woolley.