TASMAN INVESTMENTS LTD


Director	KADILINAS, Aleksandras


Registered Address	99 Ferry Road
	Wirral
	CH62 0AP


Registered Number	12796494 (England and Wales)

Balance Sheet as at
31 August 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Investment property	3		990,708		835,000
			990,708		835,000
Current assets
Debtors		1,071		-
Cash at bank and on hand		126,133		4,260
		127,204		4,260
Creditors amounts falling due within one year		(1,303)		(1,024)
Net current assets (liabilities)			125,901		3,236
Total assets less current liabilities			1,116,609		838,236
Creditors amounts falling due after one year			(943,094)		(642,281)
Provisions for liabilities			(55,583)		(55,583)
Net assets			117,932		140,372
Capital and reserves
Called up share capital			1		1
Revaluation reserve			166,750		166,750
Profit and loss account			(48,819)		(26,379)
Shareholders' funds	4		117,932		140,372

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 26 May 2025, and are signed on its behalf by:

KADILINAS, Aleksandras
Director
Registered Company No. 12796494

TASMAN INVESTMENTS LTD

Notes to the Financial Statements
for the year ended 31 August 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		0

3.	Investment property


		£
	Fair value at 01 September 23	835,000
	Additions	155,708
	At 31 August 24	990,708

4.	Revaluation reserve


		£
	Reserve at 01 September 23	166,750
	At 31 August 24	166,750