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Registration number: 00735605

Tegla Investments Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Tegla Investments Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Tegla Investments Limited

Company Information

Directors | Mrs N J Llewellyn Miss S B Moon Mr E A Llewellyn Mrs F R Dent

Company secretary | Mrs F R Dent

Registered office | Middle Farm Nether Compton Sherborne Dorset DT9 4PZ

Accountants | Ward and Co Chartered Accountants West Penhill Farm Fremington Barnstaple Devon EX31 2NG

Tegla Investments Limited

(Registration number: 00735605)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 2,215,000 | 2,215,000
Current assets |  |  |
Debtors | 5 | 67,052 | 40,680
Cash at bank and in hand |  | 14,437 | 19,768
|  | 81,489 | 60,448
Creditors: Amounts falling due within one year | 6 | (72,125) | (71,250)
Net current assets/(liabilities) |  | 9,364 | (10,802)
Total assets less current liabilities |  | 2,224,364 | 2,204,198
Creditors: Amounts falling due after more than one year | 6 | (48,371) | (73,364)
Provisions for liabilities |  | (285,461) | (285,461)
Net assets |  | 1,890,532 | 1,845,373
Capital and reserves |  |  |
Called up share capital | 7 | 30,000 | 30,000
Fair value reserve |  | 1,280,351 | 1,280,351
Retained earnings |  | 580,181 | 535,022
Shareholders' funds |  | 1,890,532 | 1,845,373

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

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 August 2025 and signed on its behalf by:

......................................... Mrs F R Dent Company secretary and director

Tegla Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Middle Farm
Nether Compton
Sherborne
Dorset
DT9 4PZ

These financial statements were authorised for issue by the Board on 29 August 2025.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tegla Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss. No external valuers have been used for the purposes of the valuations.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 4).

Tegla Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Investment properties

| 2025 £
At 1 April | 2,215,000
At 31 March | 2,215,000

Investment property comprises freehold property. Investment property was valued on an open market basis on 31 March 2025 by the directors.

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 62,856 | 36,746
Prepayments | 4,196 | 3,934
| 67,052 | 40,680

Tegla Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 9 | 24,993 | 24,993
Trade creditors |  | - | 238
Taxation and social security |  | 17,891 | 14,330
Accruals and deferred income |  | 29,241 | 31,689
|  | 72,125 | 71,250

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 9 | 48,371 | 73,364

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 30,000 | 30,000 | 30,000 | 30,000

8 | Reserves

The fair value reserve is a non-distributable reserve.

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 48,371 | 73,364

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 24,993 | 24,993