REGISTERED NUMBER: 10212663 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

TSM PROPERTY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T Moore

Mrs J A Moore

REGISTERED OFFICE:

c/o BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

REGISTERED NUMBER:

10212663 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

Co-Operative Bank Plc

Business Direct

P O Box 250

Skelmersdale

WN8 6WT

FIXED ASSETS

Tangible assets

4

1,522

2,094

Investment property

5

525,000

525,000

526,522

527,094

CURRENT ASSETS

Debtors

6

280

394

Cash at bank

23,457

5,114

23,737

5,508

CREDITORS

Amounts falling due within one year

7

6,145

5,223

NET CURRENT ASSETS

17,592

285

TOTAL ASSETS LESS CURRENT LIABILITIES

544,114

527,379

CREDITORS

Amounts falling due after more than one year

8

534,830

508,932

NET ASSETS

9,284

18,447

CAPITAL AND RESERVES

Called up share capital

100

100

Other reserves

72,473

72,473

Retained earnings

(63,289

)

(54,126

)

SHAREHOLDERS' FUNDS

9,284

18,447

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2025 and were signed on its behalf by:

T Moore - Director

1.	STATUTORY INFORMATION

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

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are initially recorded at cost.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 July 2024

and 30 June 2025

7,356

428

7,784

DEPRECIATION

At 1 July 2024

5,455

235

5,690

Charge for year

475

97

572

At 30 June 2025

5,930

332

6,262

NET BOOK VALUE

At 30 June 2025

1,426

96

1,522

At 30 June 2024

1,901

193

2,094

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

and 30 June 2025

525,000

NET BOOK VALUE

At 30 June 2025

525,000

At 30 June 2024

525,000

The valuation has been provided by the Directors based on similiar properties selling in the area.

Fair value at 30 June 2025 is represented by:

£

Valuation in 2019

72,473

Cost

452,527

525,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Other debtors

280

394

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Taxation and social security

1,483

1,466

Other creditors

4,662

3,757

6,145

5,223

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

99,965

-

Other creditors

434,865

508,932

534,830

508,932

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.6.25

30.6.24

£

£

Bank loans

99,965

-

Bank loans are secured by way of a first legal charge over land at 99 Fenian Highway RM18 8EX.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is T Moore.