Company No: 12838360 (England and Wales)

Contents

• Company Information
• Accountants' Report
• Balance Sheet
• Notes to the Financial Statements

Directors	R D Hearn
	M Jackson-Smith
	N Jackson-Smith

Registered office	71 Church Road
	Hove
	BN3 2BB
	United Kingdom

Company number

12838360 (England and Wales)

Accountant	Kreston Reeves LLP
	Projects Nile House
	Nile Street
	Brighton
	BN1 1HW

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TTA Investments Ltd for the financial year ended 31 March 2025 which comprise the Balance Sheet and the related notes 1 to 9 from the Company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/regulation.

It is your duty to ensure that TTA Investments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of TTA Investments Ltd. You consider that TTA Investments Ltd is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of TTA Investments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

This report is made solely to the Board of Directors of TTA Investments Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of TTA Investments Ltd and state those matters that we have agreed to state to the Board of Directors of TTA Investments Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TTA Investments Ltd and its Board of Directors as a body for our work or for this report.

Kreston Reeves LLP

Projects Nile House
Nile Street
Brighton
BN1 1HW

10 December 2025

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	5,627		5,490
Investment property	4	1,262,702		1,262,702
		1,268,329		1,268,192
Current assets
Debtors	5	4,020		4,603
Cash at bank and in hand		6,470		44
		10,490		4,647
Creditors: amounts falling due within one year	6	( 627,887)		( 617,633)
Net current liabilities		(617,397)		(612,986)
Total assets less current liabilities		650,932		655,206
Creditors: amounts falling due after more than one year	7	( 491,500)		( 534,545)
Provision for liabilities	8	( 1,407)		( 1,043)
Net assets		158,025		119,618
Capital and reserves
Called-up share capital		150		150
Profit and loss account		157,875		119,468
Total shareholders' funds		158,025		119,618

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of TTA Investments Ltd (registered number: 12838360) were approved and authorised for issue by the Board of Directors on 10 December 2025. They were signed on its behalf by:

R D Hearn Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

TTA Investments Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 71 Church Road, Hove, BN3 2BB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The accounts have been prepared on a going concern basis.

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Turnover is measured as the fair value of the
consideration received or receivable and consists of rental income.

Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings

10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by directors or external valuers and derived from current market rent and investment property yields for comparable real estate, adjusted if necessary, for any difference in nature, location or condition of the specific property.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest 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.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	3		3

3. Tangible assets

	Fixtures and fittings		Total
	£		£
Cost
At 01 April 2024	6,642		6,642
Additions	836		836
At 31 March 2025	7,478		7,478
Accumulated depreciation
At 01 April 2024	1,152		1,152
Charge for the financial year	699		699
At 31 March 2025	1,851		1,851
Net book value
At 31 March 2025	5,627		5,627
At 31 March 2024	5,490		5,490

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2024	1,262,702
As at 31 March 2025	1,262,702

The 2025 valuations were made by the directors, on an open market value for existing use basis.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2025		2024
	£		£
Historic cost	1,262,702		1,262,702

5. Debtors

	2025		2024
	£		£
Trade debtors	3,400		4,000
Prepayments	620		603
	4,020		4,603

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans (secured)	42,467		41,158
Trade creditors	349		11,632
Amounts owed to Group undertakings	563,000		548,000
Accruals	2,220		2,160
Corporation tax	11,378		8,233
Other creditors	8,473		6,450
	627,887		617,633

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured)	491,500		534,545

Amounts repayable after more than 5 years are included in creditors falling due over one year:

	2025		2024
	£		£
Bank loans (secured)	307,957		356,587

The bank loan is secured by way of a fixed and floating charge over the company’s assets.

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 1,043)		( 989)
Charged to the Statement of Income and Retained Earnings	( 364)		( 54)
At the end of financial year	( 1,407)		( 1,043)

The deferred taxation balance is made up as follows:

	2025		2024
	£		£
Accelerated capital allowances	( 1,407)		( 1,043)

9. Related party transactions

**Hanover Care Limited**
(A company under common control)

During the period Hanover Care Limited provided TTA Investments LTD with an interest free unsecured loan. At the balance sheet date the amount owed to Hanover Care Limited amounted to
£563,000 (2024 £548,000).

During the period TTA Investments LTD received rent from Hanover Care Limited, the amount of rent received during the period amounted to £39,525 (2024: £38,225).

During the period TTA Investments LTD held a rent deposit from Hanover Care Limited, at the balance sheet date the amount held by TTA Investments LTD amounted to £3,800 (2024: £3,800).