REGISTERED NUMBER: 09516065 (England and Wales)

Tommac Properties Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

T McNerney

Registered office:

61 Bridge Street

Kington

Herefordshire

HR5 3DJ

Registered number:

09516065 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

3rd Floor

86 - 90 Paul Street

London

EC2A 4NE

Fixed assets

Tangible assets

3

13,699

16,114

Investment property

4

6,651,893

6,530,691

6,665,592

6,546,805

Current assets

Debtors

5

3,586,653

159,184

Cash at bank

139,168

65,038

3,725,821

224,222

Creditors

Amounts falling due within one year

6

10,317,601

5,530,233

Net current liabilities

(6,591,780

)

(5,306,011

)

Total assets less current liabilities

73,812

1,240,794

Capital and reserves

Called up share capital

8

161

100

Retained earnings

9

73,651

1,240,694

Shareholders' funds

73,812

1,240,794

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 December 2025 and were signed by:

T McNerney - Director

1.	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.

Turnover

Turnover represents amounts receivable for services provided in the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Investment property

Investment properties are included in the balance sheet at their most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Although this accounting policy is in accordance with the applicable accounting standard, SSAP19, Accounting for Investment Properties, it is departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors, compliance with the standard is necessary for the financial statements to give a true and fair view.

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 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.

2.	Employees and directors

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

3.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 April 2024

and 31 March 2025

54,650

Depreciation

At 1 April 2024

38,536

Charge for year

2,415

At 31 March 2025

40,951

Net book value

At 31 March 2025

13,699

At 31 March 2024

16,114

4.	Investment property

Total

£

Fair value

At 1 April 2024

6,530,691

Additions

234,642

Disposals

(113,440

)

At 31 March 2025

6,651,893

Net book value

At 31 March 2025

6,651,893

At 31 March 2024

6,530,691

Fair value at 31 March 2025 is represented by:

£

Cost

6,651,893

5.

Debtors

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

8,220

15,940

Other debtors

103,703

143,244

111,923

159,184

Amounts falling due after more than one year:

Other debtors

3,474,730

-

Aggregate amounts

3,586,653

159,184

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

-

2,109,469

Trade creditors

6,788

7,581

Taxation and social security

44,365

51,202

Other creditors

10,266,448

3,361,981

10,317,601

5,530,233

7.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

-

2,109,469

The bank loan is secured on the investment properties held by the company.

8.	Called up share capital

Number:

Class:

Nominal

2025

2024

Value:

(£

)

(£

)

81

Ordinary

£1

81

60

20

A

£1

20

20

20

B

£1

20

20

20

C

£1

20

20

D

£1

20

161

100

9.

Reserves

Retained

earnings

£

At 1 April 2024

1,240,694

Profit for the year

72,957

Dividends

(1,240,000

)

At 31 March 2025

73,651

10.	Related party disclosures

Included in other creditors is £10,242,997 (2024 - £3,340,000) owed to the director.