REGISTERED NUMBER: 10609060 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 27 FEBRUARY 2025

FOR

TELL HOLDINGS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms L A Browne

Mrs E J Clarke

REGISTERED OFFICE:

12-14a Bath Street

Altrincham

Cheshire

WA14 2EJ

REGISTERED NUMBER:

10609060 (England and Wales)

ACCOUNTANTS:

Fairhurst Accountants Ltd

Chartered Accountants

Douglas Bank House

Wigan Lane

Wigan

Lancashire

WN1 2TB

FIXED ASSETS

Investment property

4

1,068,750

1,068,750

CURRENT ASSETS

Debtors

5

302,567

296,997

Cash at bank and in hand

4,484

1,844

307,051

298,841

CREDITORS

Amounts falling due within one year

6

196,787

264,365

NET CURRENT ASSETS

110,264

34,476

TOTAL ASSETS LESS CURRENT LIABILITIES

1,179,014

1,103,226

CREDITORS

Amounts falling due after more than one year

7

(896,772

)

(896,439

)

PROVISIONS FOR LIABILITIES

9

(68,699

)

(51,578

)

NET ASSETS

213,543

155,209

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

10

154,735

154,735

Retained earnings

10

58,708

374

SHAREHOLDERS' FUNDS

213,543

155,209

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 February 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 11 November 2025 and were signed on its behalf by:

Ms L A Browne - Director

1.	STATUTORY INFORMATION

Tell Holdings 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 provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the net rentals received or receivable, excluding value added tax and arose wholly in the United Kingdom.

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.

Financial instruments

Trade and other debtors are initially recognised at the transaction price and thereafter stated at amortised cost using effective interest rate method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Short term trade creditors are measured at transaction price. Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.

Amounts due to participating interests which have no stated interest rate, are payable on demand and are measured at the undiscounted amount due.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 28 February 2024

and 27 February 2025

1,068,750

NET BOOK VALUE

At 27 February 2025

1,068,750

At 27 February 2024

1,068,750

Fair value at 27 February 2025 is represented by:

£

Valuation in 2023

217,172

Cost

851,578

1,068,750

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

913

32,004

Amounts owed by group undertakings

37,237

162,337

Amounts owed by related undertakings

13,470

23,400

Other debtors

131,905

-

Directors' current accounts

44,757

45,056

Tax

58,910

16,100

Prepayments

15,375

18,100

302,567

296,997

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

67,829

67,829

Trade creditors

106

8,815

Amounts owed to related undertakings

45,081

58,546

Tax

64,424

16,100

Social security and other taxes

3,898

22,082

Other creditors

6,400

6,400

Accrued expenses

9,049

84,593

196,787

264,365

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

896,772

896,439

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

964,601

964,268

The bank loan is secured against the property held by the company.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

68,699

51,578

Deferred

tax

£

Balance at 28 February 2024

51,578

Charge to Income Statement during year

17,121

Balance at 27 February 2025

68,699

10.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 28 February 2024

374

154,735

155,109

Profit for the year

58,334

58,334

At 27 February 2025

58,708

154,735

213,443

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 27 February 2025 and the period ended 27 February 2024:

2025

2024

£

£

Ms L A Browne

Balance outstanding at start of year

45,056

-

Amounts advanced

10,515

89,709

Amounts repaid

(10,814

)

(44,653

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

44,757

45,056

Interest is being charged at 2.25%.

12.	RELATED PARTY DISCLOSURES