Average number of employees

Directors advances, credits and guarantees

1. General information TM Self Catering Ltd is a private company limited by shares, incorporated and domiciled in the United Kingdom. The registered office address is as disclosed on the balance sheet. The principal activity of the company is the provision of self-catering property management services, acting as a managing agent for holiday lodges. 2. Accounting policies 2.1 Basis of preparation The financial statements have been prepared in accordance with the micro-entities provisions of the Companies Act 2006 and FRS 105 – The Financial Reporting Standard applicable to the Micro-entities Regime. The financial statements are prepared under the historical cost convention. 2.2 Going concern The directors consider that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the financial statements have been prepared on a going concern basis. 2.3 Turnover Turnover represents management fees earned by the company in the course of providing lodge and short-term accommodation management services. The company acts as an agent on behalf of lodge owners. Rental income collected on behalf of lodge owners is excluded from turnover and is recognised as a liability within current liabilities. 2.4 Expenses Expenses are recognised on an accruals basis and relate to the administrative and operational costs incurred in managing the company’s activities. 2.5 Employees Employee costs include wages and salaries, employer’s National Insurance contributions and pension costs. 3. Employees The average monthly number of employees during the year was: 2 employees 4. Turnover Turnover for the year consisted entirely of management fee income earned from lodge management activities. 5. Operating loss The company incurred an operating loss for the period. This reflects the initial setup phase of the business following commencement of trading in April 2025, during which staffing and operational costs were incurred ahead of full management fee income being established. 6. Creditors: amounts falling due within one year Creditors include: accruals, payroll and pension liabilities, and funds held on behalf of lodge owners. Funds held on behalf of lodge owners represent rental income received by the company in its capacity as managing agent and are not income of the company. 7. Capital and reserves The loss for the financial period has been transferred to reserves. 8. Directors The company had two directors during the year. The directors received remuneration during the year of £10,332.56 The directors are the ultimate controlling parties of the company.