REGISTERED NUMBER: 02666720 (England and Wales)

Financial Statements for the Year Ended 25 March 2025

for

THAMES LAND (REDHILL) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C J Guilbert

REGISTERED OFFICE:

9 Worton Park

Cassington

Oxfordshire

OX29 4SX

REGISTERED NUMBER:

02666720 (England and Wales)

AUDITORS:

Camerons Accountancy Consultants Limited

Statutory Auditor

Chartered Accountants

9 Worton Park

Cassington

Witney

Oxfordshire

OX29 4SX

FIXED ASSETS

Investment property

4

2,395,000

2,395,000

CURRENT ASSETS

Debtors

5

736,889

401,121

Cash at bank

254,053

525,093

990,942

926,214

CREDITORS

Amounts falling due within one year

6

58,065

73,445

NET CURRENT ASSETS

932,877

852,769

TOTAL ASSETS LESS CURRENT LIABILITIES

3,327,877

3,247,769

PROVISIONS FOR LIABILITIES

24,347

24,347

NET ASSETS

3,303,530

3,223,422

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Fair value reserve

8

78,883

78,883

Retained earnings

3,223,647

3,143,539

SHAREHOLDERS' FUNDS

3,303,530

3,223,422

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 2 December 2025 and were signed by:

C J Guilbert - Director

1.	STATUTORY INFORMATION

Thames Land (Redhill) 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 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.

The financial statements have been prepared on a going concern basis as, in the opinion of the directors, the company has arranged financial facilities which are adequate for its requirements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

The turnover shown in the profit and loss account represents rents and services charges receivable during the year.

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.

The aggregate unrealised gain or loss is transferred from retained earnings to fair value reserve, net of deferred tax.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 26 March 2024

and 25 March 2025

2,395,000

NET BOOK VALUE

At 25 March 2025

2,395,000

At 25 March 2024

2,395,000

Freehold land and properties are valued at £2,395,000 on an open market value basis as at 25th March 2025. This value had been provided by a professional surveyor in June 2022. The historical cost of the properties is £2,297,613 (£2,297,613 in 2024).

Fair value at 25 March 2025 is represented by:

£

Valuation in 2005

1,024,995

Valuation in 2006

2,200,000

Valuation in 2011

(622,608

)

Valuation in 2014

(400,000

)

Valuation in 2015

500,000

Valuation in 2020

(1,000,000

)

Valuation in 2023

(1,605,000

)

Cost

2,297,613

2,395,000

If Investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

2,297,613

2,297,613

Investment property was valued on an open market basis on 17 June 2022 by Crump Winter (Chartered Surveyors) .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

(4,636

)

(17,281

)

Amounts owed by group undertakings

740,625

417,502

Other debtors

900

900

736,889

401,121

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

(17,673

)

(17,364

)

Taxation and social security

23,976

24,844

Other creditors

51,762

65,965

58,065

73,445

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1,000

Ordinary

1

1,000

1,000

8.

RESERVES

Fair

value

reserve

£

At 26 March 2024

and 25 March 2025

78,883

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ellen ODonnell (Senior Statutory Auditor)

for and on behalf of Camerons Accountancy Consultants Limited

10.	RELATED PARTY DISCLOSURES

The company has made interest free loans to related parties. The amount outstanding at the year end was £716,512 (2024 £416,512). The loans are repayable on demand and shown within amounts falling due within one year.

11.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

12.	ULTIMATE CONTROLLING PARTY

Thames Land Limited registered in the UK is regarded by the Director's as being the Company's parent company