Registration number: 08901131

Tessa Lamb Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 5

Tessa Lamb Ltd

(Registration number: 08901131)
Balance Sheet as at 28 February 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	37,435	43,798
Current assets
Debtors	5	1,365	553
Cash at bank and in hand		5,313	444
		6,678	997
Creditors: Amounts falling due within one year	6	(95,720)	(53,965)
Net current liabilities		(89,042)	(52,968)
Net liabilities		(51,607)	(9,170)
Capital and reserves
Called up share capital		100	100
Retained earnings		(51,707)	(9,270)
Shareholders' deficit		(51,607)	(9,170)

For the financial year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 2 October 2025
 

......................................... T Lamb Director

Tessa Lamb Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 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:
Kiddington Cottage
Aldworth Road
Streatley
Reading
Berkshire
RG8 9RE
England

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.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of property consultancy services. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Tessa Lamb Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% reducing balance basis
Office equipment	25% reducing balance basis
Freehold property	10% straight line basis

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.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

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 the director) during the year, was 2 (2024 - 2).

Tessa Lamb Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 March 2024	55,917	1,983	3,827	61,727
Disposals	-	-	(3,827)	(3,827)
At 28 February 2025	55,917	1,983	-	57,900
Depreciation
At 1 March 2024	13,048	1,773	3,108	17,929
Charge for the year	5,592	52	-	5,644
Eliminated on disposal	-	-	(3,108)	(3,108)
At 28 February 2025	18,640	1,825	-	20,465
Carrying amount
At 28 February 2025	37,277	158	-	37,435
At 29 February 2024	42,869	210	719	43,798

Included within the net book value of land and buildings above is £37,277 (2024 - £42,869) in respect of freehold land and buildings.
 

Tessa Lamb Ltd

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2025

5

Debtors

Current	2025 £	2024 £
Prepayments	467	467
Other debtors	898	86
	1,365	553

6

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	1,800	-
Other creditors	93,920	53,965
	95,720	53,965