TMF Venice Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3

Registered number: 13794010

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Investment Properties	4		428,772		428,772

			428,772		428,772
CURRENT ASSETS
Cash at bank and in hand		3,150		4,003

		3,150		4,003
Creditors: Amounts Falling Due Within One Year	5	(4,900 )		(4,900 )

NET CURRENT ASSETS (LIABILITIES)			(1,750 )		(897 )

TOTAL ASSETS LESS CURRENT LIABILITIES			427,022		427,875

Creditors: Amounts Falling Due After More Than One Year	6		(612,000 )		(575,000 )

NET LIABILITIES			(184,978 )		(147,125 )

CAPITAL AND RESERVES
Called up share capital	7		1		1
Profit and Loss Account			(184,979 )		(147,126 )

SHAREHOLDERS' FUNDS			(184,978)		(147,125)

Page 1

Page 2

TMF Venice Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Tommaso Franchi

Director

25th September 2025

The notes on page 3 form part of these financial statements.

1. General Information

TMF Venice Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13794010 . The registered office is 132-134 Lots Road, London, SW10 0RJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2023: NIL)

4. Investment Property

	2024
	£
Fair Value
As at 1 January 2024 and 31 December 2024	428,772

5. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Director's loan account	4,900	4,900

6. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Amounts owed Tomef Design Ltd	612,000	575,000

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	1	1