REGISTERED NUMBER: 02553915 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

FOR

C T S (TAMWORTH) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs I J Smith

P Smith

Mrs E A Fletcher

SECRETARY:

Mrs I J Smith

REGISTERED OFFICE:

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

REGISTERED NUMBER:

02553915 (England and Wales)

ACCOUNTANTS:

Philip Barnes & Co Limited

Chartered Accountants

The Old Council Chambers

Halford Street

Tamworth

Staffordshire

B79 7RB

FIXED ASSETS

Tangible assets

5

-

106

Investments

6

1,644,078

1,588,366

Investment property

7

2,642,420

2,336,000

4,286,498

3,924,472

CURRENT ASSETS

Debtors

8

581,461

561,119

Cash at bank and in hand

186,821

412,158

768,282

973,277

CREDITORS

Amounts falling due within one year

9

88,342

76,831

NET CURRENT ASSETS

679,940

896,446

TOTAL ASSETS LESS CURRENT LIABILITIES

4,966,438

4,820,918

PROVISIONS FOR LIABILITIES

203,922

109,000

NET ASSETS

4,762,516

4,711,918

CAPITAL AND RESERVES

Called up share capital

10

300

300

Retained earnings

4,762,216

4,711,618

SHAREHOLDERS' FUNDS

4,762,516

4,711,918

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 October 2025 and were signed on its behalf by:

P Smith - Director

1.	STATUTORY INFORMATION

C T S (Tamworth) 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Turnover

Turnover represents net invoiced rents receivable, excluding value added tax, for the accounting period. Rents invoiced in advance are recorded as deferred income and are included as part of creditors due within one year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% - 33% on cost

Motor vehicles

-

25% reducing balance

Investment property

Investment property is included at market fair value. Changes in fair value are recognised in the profit and loss account. Deferred taxation is provided on gains at the rate expected to apply when the property is sold.

Financial assets

Investments are included at fair value. Changes in fair value are recognised in the profit and loss account. Deferred taxation is provided on gains at the rate expected to apply when the investment is sold.

Fair value changes in respect of readily marketable securities are treated as distributable reserves.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.

EMPLOYEES

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 July 2024

1,221

7,301

8,522

Disposals

-

(7,301

)

(7,301

)

At 30 June 2025

1,221

-

1,221

DEPRECIATION

At 1 July 2024

1,221

7,195

8,416

Eliminated on disposal

-

(7,195

)

(7,195

)

At 30 June 2025

1,221

-

1,221

NET BOOK VALUE

At 30 June 2025

-

-

-

At 30 June 2024

-

106

106

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 July 2024

1,588,366

Additions

576,012

Disposals

(619,537

)

Changes to fair value

99,237

At 30 June 2025

1,644,078

NET BOOK VALUE

At 30 June 2025

1,644,078

At 30 June 2024

1,588,366

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

2,336,000

Additions

306,420

At 30 June 2025

2,642,420

NET BOOK VALUE

At 30 June 2025

2,642,420

At 30 June 2024

2,336,000

8.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

26,713

13,583

Other debtors

446,568

441,761

473,281

455,344

Amounts falling due after more than one year:

Other debtors

108,180

105,775

Aggregate amounts

581,461

561,119

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,000

1,000

Taxation and social security

22,358

25,217

Other creditors

64,984

50,614

88,342

76,831

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

'A' Ordinary

£1

200

200

100

'B' Ordinary

£1

100

100

300

300

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

2025

2024

£

£

Mrs I J Smith

Balance outstanding at start of year

315,434

309,060

Amounts advanced

7,126

6,374

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

322,560

315,434

The directors loan is repayable upon demand and interest has been applied at HMRC's approved rate.

12.	RELATED PARTY DISCLOSURES

Included within other debtors are amounts owed by associated companies totalling £110,492 (2024: £113,348)