TFS Investments Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 02962961 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

TFS Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

R B Richards

N S B Richards

REGISTERED OFFICE:

The Watch House

Wakes Colne

Colchester

Essex

CO6 2DS

REGISTERED NUMBER:

02962961 (England and Wales)

ACCOUNTANTS:

ASAP Accounting Services Limited

Chartered Accountants

The Old Cartlodge

Warrens Farm, Great Tey

Colchester

CO6 1JG

FIXED ASSETS

Tangible assets

4

632

1,004

Investment property

5

1,420,100

1,420,732

1,421,104

CURRENT ASSETS

Debtors

6

17,009

-

Cash at bank

169,561

135,258

186,570

135,258

CREDITORS

Amounts falling due within one year

7

16,230

7,637

NET CURRENT ASSETS

170,340

127,621

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,591,072

1,548,725

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

8

1,010,219

Retained earnings

580,753

538,406

SHAREHOLDERS' FUNDS

1,591,072

1,548,725

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 directors acknowledge their 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 Board of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by:

N S B Richards - Director

1.	STATUTORY INFORMATION

TFS Investments Ltd 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.	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.

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

-

25% on 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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

11,793

DEPRECIATION

At 1 April 2024

10,789

Charge for year

372

At 31 March 2025

11,161

NET BOOK VALUE

At 31 March 2025

632

At 31 March 2024

1,004

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,420,100

NET BOOK VALUE

At 31 March 2025

1,420,100

At 31 March 2024

1,420,100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Other debtors

17,009

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

Taxation and social security

10,341

6,138

Other creditors

5,889

1,499

16,230

7,637

8.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

1,010,219

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

R B Richards

Balance outstanding at start of year

-

Amounts advanced

17,009

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

17,009

-

10.	ULTIMATE CONTROLLING PARTY

The controlling party is R B Richards.

The ultimate controlling party is R B Richards.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TFS Investments Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of TFS Investments Ltd, as a body, in accordance with the terms of our engagement letter dated 21 January 2005. Our work has been undertaken solely to prepare for your approval the financial statements of TFS Investments Ltd and state those matters that we have agreed to state to the Board of Directors of TFS Investments Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TFS Investments Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that TFS Investments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of TFS Investments Ltd. You consider that TFS Investments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of TFS Investments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

ASAP Accounting Services Limited

Chartered Accountants

The Old Cartlodge

Warrens Farm, Great Tey

Colchester

CO6 1JG

24 December 2025