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REGISTERED NUMBER: 05846795 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

TIB INVESTMENTS LIMITED

TIB INVESTMENTS LIMITED (REGISTERED NUMBER: 05846795)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TIB INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: S A Talbot-Williams





REGISTERED OFFICE: 5-9 Eden Street
Kingston - upon - Thames
Surrey
KT1 1BQ





REGISTERED NUMBER: 05846795 (England and Wales)





ACCOUNTANTS: Collards
Chartered Accountants
5-9 Eden Street
Kingston-upon-Thames
Surrey
KT1 1BQ

TIB INVESTMENTS LIMITED (REGISTERED NUMBER: 05846795)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 789,537 789,537

CURRENT ASSETS
Debtors 5 958,404 543,327
Cash at bank - 434,218
958,404 977,545
CREDITORS
Amounts falling due within one year 6 841,713 860,180
NET CURRENT ASSETS 116,691 117,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

906,228

906,902

CREDITORS
Amounts falling due after more than one year 7 406,142 406,142
NET ASSETS 500,086 500,760

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 499,986 500,660
SHAREHOLDERS' FUNDS 500,086 500,760

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.

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 26 March 2025 and were signed by:





S A Talbot-Williams - Director


TIB INVESTMENTS LIMITED (REGISTERED NUMBER: 05846795)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

TIB 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.

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

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 789,537
NET BOOK VALUE
At 31 March 2024 789,537
At 31 March 2023 789,537

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 812,494 391,994
Other debtors 139,101 136,916
Directors' current accounts - 7,652
Called up share capital not paid 100 100
Prepayments and accrued income 6,709 6,665
958,404 543,327

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,576 13,592
Trade creditors 5,025 485
Amounts owed to group undertakings 716,243 699,243
Tax 104,680 104,680
Other Creditors 1,940 1,940
Directors' current accounts 9 -
Accrued expenses 3,240 40,240
841,713 860,180

TIB INVESTMENTS LIMITED (REGISTERED NUMBER: 05846795)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans due more than 5 yr 406,142 406,142

Amounts falling due in more than five years:

Repayable by instalments
Bank loans due more than 5 yr 406,142 406,142

8. RESERVES
Retained
earnings
£   

At 1 April 2023 500,660
Deficit for the year (674 )
At 31 March 2024 499,986

9. RELATED PARTY DISCLOSURES

Included in debtors are amounts due to various companies under the control of Raban Holdings Limited, which is a company 100% owned by S A Talbot-Williams. The companies and amounts are as follows:

Raban Wellington Limited - £421,000 (2023 - £200,500)
Raban Limited - £373,273 (2023 - £173,273)
Raban Goodhall Limited - £5,000 (2023 - £5,000)
Raban Developments Limited - £12,351 (2023 - £12,351)

Included in creditors are amounts due from companies owned by TW Holdings Limited. Mr S A Talbot-Williams is a 100% shareholder in that company.The companies and amounts are as follows:

Talbot Scott Limited - £68,912 (2023 - £51,913)
Raban Labour Club Limited - £18,000 (2023 - £18,000 debtor)
TW Holdings Limited. - £421,830 (2023 - £421,830)