REGISTERED NUMBER: 05696697 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

TDS Commercial Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Ms R L Tait

REGISTERED OFFICE:

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

REGISTERED NUMBER:

05696697 (England and Wales)

ACCOUNTANTS:

Butt Miller

Chartered Accountants

1 Minster Court

Tuscam Way

Camberley

Surrey

GU15 3YY

FIXED ASSETS

Tangible assets

4

69,529

34,735

CURRENT ASSETS

Stocks

5

19,790

26,771

Debtors

6

245,231

188,904

Cash at bank

233,688

197,274

498,709

412,949

CREDITORS

Amounts falling due within one year

7

(291,818

)

(325,828

)

NET CURRENT ASSETS

206,891

87,121

TOTAL ASSETS LESS CURRENT LIABILITIES

276,420

121,856

CREDITORS

Amounts falling due after more than one year

8

(67,109

)

(66,246

)

PROVISIONS FOR LIABILITIES

(15,752

)

-

NET ASSETS

193,559

55,610

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

193,459

55,510

193,559

55,610

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 her 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:

Ms R L Tait - Director

1.	STATUTORY INFORMATION

TDS Commercial 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Turnover represents the value of the services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due. Where a contract has only been partially completed at the statement of financial position date turnover represents the value of the services provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and as part of creditors due within one year.

Tangible fixed assets

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

Improvements to property

-

25% on cost

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the Statement of Financial Position. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to the Income Statement over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

Pension costs

The company operates a defined contribution pension scheme and contributes to privately administered pension plans. Contributions payable to both pension schemes are charged to the Income Statement in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

51,820

210,744

3,400

4,994

270,958

Additions

-

52,570

-

3,446

56,016

Disposals

-

-

(1,900

)

-

(1,900

)

At 31 March 2025

51,820

263,314

1,500

8,440

325,074

DEPRECIATION

At 1 April 2024

51,820

176,009

3,400

4,994

236,223

Charge for year

-

21,078

-

144

21,222

Eliminated on disposal

-

-

(1,900

)

-

(1,900

)

At 31 March 2025

51,820

197,087

1,500

5,138

255,545

NET BOOK VALUE

At 31 March 2025

-

66,227

-

3,302

69,529

At 31 March 2024

-

34,735

-

-

34,735

5.

STOCKS

31.3.25

31.3.24

£

£

Stocks

19,790

26,771

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

215,033

173,908

Other debtors

400

-

Prepayments

29,798

14,996

245,231

188,904

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loan

40,000

40,000

Hire purchase contracts (see note 9)

16,268

4,048

Trade creditors

104,418

153,968

Tax

44,324

265

Social security and other taxes

12,509

9,232

VAT

51,207

39,274

Other creditors

17,866

20,781

Accruals and deferred income

5,226

58,260

291,818

325,828

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loan 1-2 years

6,667

40,000

Bank loan 2-5 years

-

6,667

Hire purchase contracts (see note 9)

60,442

19,579

67,109

66,246

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.3.25

31.3.24

£

£

Net obligations repayable:

Within one year

16,268

4,048

Between one and five years

60,442

19,579

76,710

23,627

Non-cancellable

operating leases

31.3.25

31.3.24

£

£

Within one year

83,329

10,645

Between one and five years

310,800

6,224

In more than five years

265,475

-

659,604

16,869

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Hire purchase contracts

76,710

23,627

The hire purchase contracts are secured on the assets held under these contracts.

Natwest Bank Plc holds a mortgage debenture over the fixed and floating assets of the company, including book debts.

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Ms R L Tait

Balance outstanding at start of year

-

1,104

Amounts advanced

27,358

864

Amounts repaid

(27,358

)

(1,968

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

Loans to the company are unsecured, interest free and repayable on demand.