Tiglian Investments Ltd - Filleted accounts

Registered number

10023850

Tiglian Investments Ltd

Filleted Accounts

31 March 2025

Tiglian Investments Ltd
Registered number:		10023850
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,037,036			1,129,153
			1,037,036			1,129,153

Current assets
Stocks		-			1,910
Debtors	4	50,000			-
Cash at bank and in hand		4,417			10,520
		54,417			12,430

Creditors: amounts falling due within one year	5	(55,677)			(86,392)

Net current liabilities			(1,260)			(73,962)

Total assets less current liabilities			1,035,776			1,055,191

Creditors: amounts falling due after more than one year	6		(385,467)			(422,243)

Provisions for liabilities			(86,613)			(86,613)

Net assets			563,696			546,335

Capital and reserves
Called up share capital			100			100
Revaluation reserve	8		297,294			297,294
Profit and loss account			266,302			248,941

Shareholders' funds			563,696			546,335

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




I T Soulsby
Director
Approved by the board on 8 December 2025

Tiglian Investments Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable for rent, net of value added taxes.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor vehicles			25% reducing balance
	Plant and machinery			over 5 years
	Fixtures and fittings			Over 10 or 20 years

	Stocks
	Work in progress is stated at the lower of cost and estimated selling price less costs to complete and sell.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					4		4


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	1,037,202		98,866		63,759		1,199,827
	Additions	1,911		-		-		1,911
	Disposals	(79,113)		-		-		(79,113)
	Surplus on revaluation	-		-		-		-
	At 31 March 2025	960,000		98,866		63,759		1,122,625

	Depreciation
	At 1 April 2024	-		39,923		30,751		70,674
	Charge for the year	-		6,663		8,252		14,915
	At 31 March 2025	-		46,586		39,003		85,589

	Net book value
	At 31 March 2025	960,000		52,280		24,756		1,037,036
	At 31 March 2024	1,037,202		58,943		33,008		1,129,153


	Freehold land and buildings:					2025		2024
£							£
	Historical cost					910,970		988,172
						910,970		988,172
	The investment properties were revalued on an open market basis on 31 March 2022 by the Directors.


4	Debtors					2025		2024
£							£

	Other debtors					50,000		-
						50,000		-


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					36,900		34,392
	Taxation and social security costs					17,384		50,835
	Other creditors					1,393		1,165
						55,677		86,392


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					385,467		422,243
						385,467		422,243


7	Loans					2025		2024
£							£
	Creditors include:
	Instalments falling due for payment after more than five years					224,367		272,735
						224,367		272,735

	The bank loans are secured by a fixed and floating charge over the Company's investment properties.

	The Director, I T Soulsby, has personally guaranteed the bank borrowings of the Company, up to a maximum of £200,000.


8	Revaluation reserve					2025		2024
£							£

	At 1 April 2024					297,294		297,294
	Gain on revaluation of land and buildings					-		-
	Deferred taxation arising on the revaluation of land and buildings					-		-

	At 31 March 2025					297,294		297,294


9	Controlling party

	The Directors control the Company.


10	Other information

	Tiglian Investments Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	4 Brunel Way
	Fareham
	Hampshire
	PO15 5TX