T & O HOLDINGS LIMITED


Directors	Dr Jonathan O'Dwyer
	Dr David Tinsley


Registered Address	13 Whirlow Park Road
	Sheffield
	S11 9NN


Registered Number	11842827 (England and Wales)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		784		782
Investments	4		2,039,434		2,039,434
			2,040,218		2,040,216
Current assets
Debtors		93,587		689,787
Cash at bank and on hand		47,450		212,260
		141,037		902,047
Creditors amounts falling due within one year	5	(230,174)		(74,136)
Net current assets (liabilities)			(89,137)		827,911
Total assets less current liabilities			1,951,081		2,868,127
Creditors amounts falling due after one year	6		(681,624)		(828,747)
Provisions for liabilities	7		(149)		-
Net assets			1,269,308		2,039,380
Capital and reserves
Called up share capital			100		100
Profit and loss account			1,269,208		2,039,280
Shareholders' funds			1,269,308		2,039,380

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 September 2025, and are signed on its behalf by:

Dr David Tinsley
Director

Dr Jonathan O'Dwyer
Director

Registered Company No. 11842827

T & O HOLDINGS LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	These financial statements have been prepared in compliance with FRS 102 Section 1A, The Financial Reporting Standard applicable in the UK and Republic of Ireland.

	Basis of preparation
	The financial statements have been prepared on the historical cost basis.

	Functional and presentation currency
	The financial statements are presented in sterling, which is the functional currency of the entity.

	Going concern
	The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

Going concern

The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Employee benefits

Contributions to defined contribution plans are expensed in the period to which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted, or substantively enacted, by the reporting date that are expected to apply to the reversal of the timing difference.

Deferred tax

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted, or substantively enacted, by the reporting date that are expected to apply to the reversal of the timing difference.

	Tangible fixed assets and depreciation
	Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	2		2

3.	Tangible fixed assets

	Plant & machinery	Office Equipment	Total
	£	£	£
Cost or valuation
At 01 April 24	978	-	978
Additions	-	198	198
At 31 March 25	978	198	1,176
Depreciation and impairment
At 01 April 24	196	-	196
Charge for year	156	40	196
At 31 March 25	352	40	392
Net book value
At 31 March 25	626	158	784
At 31 March 24	782	-	782

4.	Fixed asset investments

	Investments in groups¹	Total
	£	£
Cost or valuation
At 01 April 24	2,039,434	2,039,434
At 31 March 25	2,039,434	2,039,434
Net book value
At 31 March 25	2,039,434	2,039,434
At 31 March 24	2,039,434	2,039,434

	Notes
	¹Investments in group undertakings and participating interests

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Bank borrowings and overdrafts	228,940	72,396
Accrued liabilities and deferred income	1,234	1,740
Total	230,174	74,136

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	681,624	828,747
Total	681,624	828,747

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	149	-
Total	149	-

8.	Related party transactions
	During the year the company made available a loan to the directors. As at 31 March 2025, the balance of this loan was £81,987 (2024: £612,656). This loan is interest free and repayable on demand.