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REGISTERED NUMBER: 02081994 (England and Wales)

| TALISMAN HOMES (WEST) LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD 27 APRIL 2024 TO 30 APRIL 2025 |

TALISMAN HOMES (WEST) LIMITED (REGISTERED NUMBER: 02081994)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 27 APRIL 2024 TO 30 APRIL 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

TALISMAN HOMES (WEST) LIMITED

COMPANY INFORMATION

FOR THE PERIOD 27 APRIL 2024 TO 30 APRIL 2025

| DIRECTORS: | S J Wallbridge

| D G Wallbridge

| Miss R E Wallbridge

| REGISTERED OFFICE: | Highland House

| Mayflower Close

| Chandlers Ford

| Eastleigh

| Hampshire

| SO53 4AR

| REGISTERED NUMBER: | 02081994 (England and Wales)

| BANKERS: | National Westminster Bank plc

| 27 Market Place

| Romsey

| Hampshire

| SO51 8ZH

TALISMAN HOMES (WEST) LIMITED (REGISTERED NUMBER: 02081994)

BALANCE SHEET

30 APRIL 2025

2025 | 2024 |

| Notes | £ | £

FIXED ASSETS

Tangible assets | 4 | 71,032 |  | 41,784 |  |

Investment property | 5 | 35,000 |  | 65,000 |  |

106,032 |  | 106,784 |  |

CURRENT ASSETS

Stocks | 41,751 |  | 1,242,086 |  |

Debtors | 6 | 101,440 |  | 1,205 |  |

Cash at bank and in hand | 350,277 |  | 17,331 |  |

493,468 |  | 1,260,622 |  |

CREDITORS

Amounts falling due within one year | 7 | (384,571 | ) | (1,301,307 | ) |

NET CURRENT ASSETS/(LIABILITIES) | 108,897 |  | (40,685 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 214,929 |  | 66,099 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (58,703 | ) | (51,957 | ) |

PROVISIONS FOR LIABILITIES | (12,039 | ) | (7,500 | ) |

NET ASSETS | 144,187 |  | 6,642 |  |

TALISMAN HOMES (WEST) LIMITED (REGISTERED NUMBER: 02081994)

BALANCE SHEET - continued

30 APRIL 2025

2025 | 2024 |

| Notes | £ | £

CAPITAL AND RESERVES

Called up share capital | 200 |  | 200 |  |

Share premium | 149,900 |  | 149,900 |  |

Non-distributable reserve | (89,789 | ) | (61,039 | ) |

Retained earnings | 83,876 |  | (82,419 | ) |

SHAREHOLDERS' FUNDS | 144,187 |  | 6,642 |  |

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2025 and were signed on its behalf by:

S J Wallbridge - Director

TALISMAN HOMES (WEST) LIMITED (REGISTERED NUMBER: 02081994)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 27 APRIL 2024 TO 30 APRIL 2025

1. | STATUTORY INFORMATION

| Talisman Homes (West) 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 FRS 102 "The Financial These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

| The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

| The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

| The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

| Turnover

| Turnover is the amount derived from ordinary activities net of value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Plant and machinery | - | Straight line over 4 years

| Fixtures and fittings | - | Straight line over 4 years

| Motor vehicles | - | 25% Reducing balance

| Computer equipment | - | Straight line over 3 years

| 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.

| Stocks

| Work in progress is valued at the lower of cost and net realisable value.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

TALISMAN HOMES (WEST) LIMITED (REGISTERED NUMBER: 02081994)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 27 APRIL 2024 TO 30 APRIL 2025

2. | ACCOUNTING POLICIES - continued

| Financial assets

| The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

| Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

| Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

| Financial liabilities

| Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

| Equity instruments

| Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 4 (2024 - 4 ) .

4. | TANGIBLE FIXED ASSETS

Fixtures |  |

Plant and | and | Motor | Computer |  |

machinery | fittings | vehicles | equipment | Totals |

| £ | £ | £ | £ | £

| COST

| At 27 April 2024 | 2,785 |  | 685 |  | 50,792 |  | 6,097 |  | 60,359 |  |

| Additions | - |  | - |  | 77,625 |  | 1,005 |  | 78,630 |  |

| Disposals | - |  | - |  | (50,792 | ) | - |  | (50,792 | ) |

| At 30 April 2025 | 2,785 |  | 685 |  | 77,625 |  | 7,102 |  | 88,197 |  |

| DEPRECIATION

| At 27 April 2024 | 812 |  | 685 |  | 12,698 |  | 4,380 |  | 18,575 |  |

| Charge for period | 696 |  | - |  | 19,227 |  | 889 |  | 20,812 |  |

| Eliminated on disposal | - |  | - |  | (22,222 | ) | - |  | (22,222 | ) |

| At 30 April 2025 | 1,508 |  | 685 |  | 9,703 |  | 5,269 |  | 17,165 |  |

| NET BOOK VALUE

| At 30 April 2025 | 1,277 |  | - |  | 67,922 |  | 1,833 |  | 71,032 |  |

| At 26 April 2024 | 1,973 |  | - |  | 38,094 |  | 1,717 |  | 41,784 |  |

TALISMAN HOMES (WEST) LIMITED (REGISTERED NUMBER: 02081994)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 27 APRIL 2024 TO 30 APRIL 2025

5. | INVESTMENT PROPERTY

Total |

| £

| FAIR VALUE

| At 27 April 2024 | 65,000 |  |

| Revaluations | (30,000 | ) |

| At 30 April 2025 | 35,000 |  |

| NET BOOK VALUE

| At 30 April 2025 | 35,000 |  |

| At 26 April 2024 | 65,000 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Other debtors | 101,440 |  | 1,205 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 5,540 |  | 5,403 |  |

| Hire purchase contracts | 11,946 |  | 6,276 |  |

| Other creditors | 367,085 |  | 1,289,628 |  |

384,571 |  | 1,301,307 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

| £ | £

| Bank loans | 23,946 |  | 29,469 |  |

| Hire purchase contracts | 34,757 |  | 22,488 |  |

58,703 |  | 51,957 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years

| by instalments | 350 |  | 6,454 |  |

350 |  | 6,454 |  |

TALISMAN HOMES (WEST) LIMITED (REGISTERED NUMBER: 02081994)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 27 APRIL 2024 TO 30 APRIL 2025

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

| £ | £

| Hire purchase contracts | 46,703 |  | 28,764 |  |

| Hire purchase liabilities are secured on the assets to which they relate.