REGISTERED NUMBER: 07156285 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

TCWAN Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

D J Ross

REGISTERED OFFICE:

64 Churchill Road

Langley

Slough

Berkshire

SL3 7RB

REGISTERED NUMBER:

07156285 (England and Wales)

ACCOUNTANTS:

Clear Associates Limited

64 Churchill Road

Langley

Slough

Berkshire

SL3 7RB

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

42,464

56,618

Investments

6

45,807

45,807

Investment property

7

2,697,056

2,192,718

2,785,327

2,295,143

CURRENT ASSETS

Debtors

8

8,053

6,430

Investments

9

5,001

5,001

Cash at bank

2,302,934

143,563

2,315,988

154,994

CREDITORS

Amounts falling due within one year

10

4,780,207

2,204,592

NET CURRENT LIABILITIES

(2,464,219

)

(2,049,598

)

TOTAL ASSETS LESS CURRENT LIABILITIES

321,108

245,545

PROVISIONS FOR LIABILITIES

3,664

7,087

NET ASSETS

317,444

238,458

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

317,443

238,457

317,444

238,458

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 his 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 23 December 2025 and were signed by:

D J Ross - Director

1.	STATUTORY INFORMATION

TCWAN 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

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.

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 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

40,000

AMORTISATION

At 1 April 2024

and 31 March 2025

40,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

150,930

DEPRECIATION

At 1 April 2024

94,312

Charge for year

14,154

At 31 March 2025

108,466

NET BOOK VALUE

At 31 March 2025

42,464

At 31 March 2024

56,618

6.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2024

and 31 March 2025

45,807

NET BOOK VALUE

At 31 March 2025

45,807

At 31 March 2024

45,807

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

2,192,718

Additions

504,338

At 31 March 2025

2,697,056

NET BOOK VALUE

At 31 March 2025

2,697,056

At 31 March 2024

2,192,718

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

8,053

6,430

9.	CURRENT ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Unlisted investments

5,001

5,001

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed to participating interests

2,326,568

221,470

Taxation and social security

13,131

16,517

Other creditors

2,440,508

1,966,605

4,780,207

2,204,592