REGISTERED NUMBER: 01703989 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TIDSTEAD LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

L Steinhaus

REGISTERED OFFICE:

14 Beverley Gardens

London

NW11 9DG

REGISTERED NUMBER:

01703989 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

5

-

2,097

Investment property

6

3,936,654

3,936,654

3,936,654

3,938,751

CURRENT ASSETS

Debtors

7

23,700

23,700

Cash at bank

35,133

33,015

58,833

56,715

CREDITORS

Amounts falling due within one year

8

(548,652

)

(563,915

)

NET CURRENT LIABILITIES

(489,819

)

(507,200

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,446,835

3,431,551

CREDITORS

Amounts falling due after more than one year

9

(477,448

)

(487,647

)

PROVISIONS FOR LIABILITIES

(430,629

)

(430,629

)

NET ASSETS

2,538,758

2,513,275

CAPITAL AND RESERVES

Called up share capital

12

108

108

Fair value reserve

13

2,078,346

2,078,346

Retained earnings

13

460,304

434,821

SHAREHOLDERS' FUNDS

2,538,758

2,513,275

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 and authorised for issue by the director and authorised for issue on 3 December 2025 and were signed by:

L Steinhaus - Director

1.	STATUTORY INFORMATION

Tidstead 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Tangible fixed assets

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

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

leasehold

machinery

fittings

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

86,865

663

13,329

100,857

DEPRECIATION

At 1 April 2024

84,768

663

13,329

98,760

Charge for year

2,097

-

-

2,097

At 31 March 2025

86,865

663

13,329

100,857

NET BOOK VALUE

At 31 March 2025

-

-

-

-

At 31 March 2024

2,097

-

-

2,097

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

3,936,654

NET BOOK VALUE

At 31 March 2025

3,936,654

At 31 March 2024

3,936,654

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

23,700

23,700

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

4,279

7,668

Other creditors

544,373

556,247

548,652

563,915

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 10)

465,225

465,225

Other creditors

12,223

22,422

477,448

487,647

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

465,225

465,225

Other creditors includes Bounceback loan payable totalling £12,223 [2024 - £22,421]. The loan is unsecured with fixed interest rate and guaranteed by HM Government.

10.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due between two and five years:

Other loans - 2-5 years

12,223

22,422

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

465,225

465,225

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

465,225

465,225

Bank loan is secured by the way of first charge against the company's investment properties.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

108

Ordinary

£1

108

108

13.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

434,821

2,078,346

2,513,167

Profit for the year

25,483

25,483

At 31 March 2025

460,304

2,078,346

2,538,650