REGISTERED NUMBER: 07240829 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Tier Securities Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P J Barlow

REGISTERED OFFICE:

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

REGISTERED NUMBER:

07240829 (England and Wales)

ACCOUNTANTS:

DJH Wirral & Chester Limited

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Investment property

4

936,012

936,012

CURRENT ASSETS

Debtors

5

166,776

195,972

Cash at bank

7,651

13,836

174,427

209,808

CREDITORS

Amounts falling due within one year

6

(485,476

)

(452,136

)

NET CURRENT LIABILITIES

(311,049

)

(242,328

)

TOTAL ASSETS LESS CURRENT LIABILITIES

624,963

693,684

CREDITORS

Amounts falling due after more than one year

7

(415,208

)

(460,734

)

PROVISIONS FOR LIABILITIES

-

(110

)

NET ASSETS

209,755

232,840

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

209,655

232,740

SHAREHOLDERS' FUNDS

209,755

232,840

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 31 October 2025 and were signed by:

P J Barlow - Director

1.	STATUTORY INFORMATION

Tier Securities 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover

Turnover represents the net value, excluding value added tax, of rents received.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

936,012

NET BOOK VALUE

At 31 March 2025

936,012

At 31 March 2024

936,012

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

10,847

22,177

Amounts owed by associates

114,001

133,001

Other debtors

41,928

40,794

166,776

195,972

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

21,200

21,200

Trade creditors

36,509

33,198

Amounts owed to associates

393,667

367,667

Taxation and social security

29,516

26,140

Other creditors

4,584

3,931

485,476

452,136

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

415,208

460,734

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

330,408

375,934

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

436,408

481,934

Bank loans are secured by way of fixed and floating charges over freehold property owned by the company.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £50,000 were paid to the director .