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REGISTERED NUMBER: 10596212 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

THAMESLINK PROPERTIES LIMITED

THAMESLINK PROPERTIES LIMITED (REGISTERED NUMBER: 10596212)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THAMESLINK PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: Mr O Kehoe
Mrs M Kehoe





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 10596212 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

THAMESLINK PROPERTIES LIMITED (REGISTERED NUMBER: 10596212)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 5,210,940 5,210,940

CURRENT ASSETS
Debtors 5 444,393 348,008
Cash at bank 33,296 132,322
477,689 480,330
CREDITORS
Amounts falling due within one year 6 67,354 75,721
NET CURRENT ASSETS 410,335 404,609
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,621,275

5,615,549

CREDITORS
Amounts falling due after more than one
year

7

5,187,388

5,255,772
NET ASSETS 433,887 359,777

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 433,886 359,776
SHAREHOLDERS' FUNDS 433,887 359,777

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

THAMESLINK PROPERTIES LIMITED (REGISTERED NUMBER: 10596212)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 June 2025 and were signed on its behalf by:





Mr O Kehoe - Director


THAMESLINK PROPERTIES LIMITED (REGISTERED NUMBER: 10596212)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025


1. STATUTORY INFORMATION

Thameslink Properties 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 represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2024
and 28 February 2025 5,210,940
NET BOOK VALUE
At 28 February 2025 5,210,940
At 29 February 2024 5,210,940

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Other debtors 444,393 348,008

THAMESLINK PROPERTIES LIMITED (REGISTERED NUMBER: 10596212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Tax 23,317 28,223
Amount due to related company - 8,615
Directors' current accounts 27,537 22,383
Accrued expenses 16,500 16,500
67,354 75,721

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.25 29.2.24
£    £   
Bank loans (see note 8) 1,870,000 1,910,000
Other loans (see note 8) 3,317,388 3,345,772
5,187,388 5,255,772

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Oyster Wharf Properties Ltd-
Parent company 3,317,388 3,345,772
3,317,388 3,345,772

Repayable by instalments
Bank loans more 5 yr by instal 1,870,000 1,910,000

8. LOANS

An analysis of the maturity of loans is given below:

28.2.25 29.2.24
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Oyster Wharf Properties Ltd-
Parent company 3,317,388 3,345,772
3,317,388 3,345,772

Repayable by instalments
Bank loans more 5 yr by instal 1,870,000 1,910,000

THAMESLINK PROPERTIES LIMITED (REGISTERED NUMBER: 10596212)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025


9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 29.2.24
value: £    £   
1 Ordinary share capital 1 1 1

10. CONTROL

The company is wholly owned by Oyster Wharf Properties Ltd.