Tomat Investments Limited - Filleted accounts

Registered number

03156348

Tomat Investments Limited

Unaudited Filleted Accounts

31 March 2025

Tomat Investments Limited
Registered number:		03156348
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		528,288			528,510

Current assets
Debtors	5	106,023			83,157
Investments held as current assets	6	281,021			281,021
Cash at bank and in hand		39,607			22,257
		426,651			386,435

Creditors: amounts falling due within one year	7	(51,784)			(44,770)

Net current assets			374,867			341,665

Total assets less current liabilities			903,155			870,175

Creditors: amounts falling due after more than one year	8		(669,979)			(646,435)

Provisions for liabilities			(250)			-


Net assets			232,926			223,740

Capital and reserves
Called up share capital			500			500
Profit and loss account			232,426			223,240

Shareholders' funds			232,926			223,740

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.




Howard Patchell
Director
Approved by the board on 23 December 2025

Tomat Investments Limited
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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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:

	Freehold buildings	No depreciation
	Plant and machinery	25% reducing balance
	Fixtures, fittings, tools and equipment	25% reducing balance

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			0		0


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2024	527,123		11,360		538,483
	Additions	-		167		167
	At 31 March 2025	527,123		11,527		538,650

	Depreciation
	At 1 April 2024	-		9,973		9,973
	Charge for the year	-		389		389
	At 31 March 2025	-		10,362		10,362

	Net book value
	At 31 March 2025	527,123		1,165		528,288
	At 31 March 2024	527,123		1,387		528,510


4	Investments

Other
investments
£
	Cost

	At 31 March 2025					-



	Historical cost
	At 1 April 2024					281,021
	At 31 March 2025					281,021



5	Debtors			2025		2024
£					£

	PD Gwalia Ltd			14,500		42,000
	Primaryspace Ltd			85,861		35,861
	MRP Promotions Limited			3,696		3,696
	Other debtors			1,966		1,600
				106,023		83,157


6	Investments held as current assets			2025		2024
£					£
	Fair value
	Unlisted investments			281,021		281,021



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

	Bank loans and overdrafts			187		250
	Trade creditors			-		550
	Taxation and social security costs			733		973
	Cwmni Gwalia Limited			-		4,189
	Other creditors			50,864		38,808
				51,784		44,770


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

	Director's account - Howard Patchell			227,438		57,438
	Director's account - Elinor Patchell			358,541		488,541
	Llinos Patchell Loan			-		16,456
	Patricia Patchell Mortgage			84,000		84,000
				669,979		646,435








9	Related party transactions

	During the year, the company had a loan outstanding from MRP Promotions Limited, which Howard Patchell is a director of and Matthew Rhys Patchell is a director and sole shareholder of. As at 31st March 2025, the amount owed from MRP Promotions Limited was £3,695.84 (2024: £3,695.84). During the year, the company also had a loan outstanding from PD Gwalia Limited, which Howard Patchell is a director of. As at 31st March 2025, the amount owed from PD Gwalia Limited was £14,500.00 (2024: £42,000.00). During the year, the company also had a loan outstanding from Primaryspace Limited, which Howard Patchell is a director of and Tomat Investments Limited is a 50% shareholder of. As at 31st March 2025, the amount owed from Primaryspace Limited was £85,860.50 (2024: £35,860.50). During the year, the company also had a loan outstanding to Cwmni Gwalia Limited, which Matthew Rhys Patchell is a director of and 50% shareholder of. As at 31st March 2025, the amount owed from Primaryspace Limited was £NIL (2024: £4,189.28). During the year, the company also had a loan outstanding from Llinos Patchell, who is the wife of Ifan Patchell. As at 31st March 2025, the amount owed from PD Gwalia Limited was £16,456.00 (2024: £16,456.00).

10	Transactions with directors

	During the year, Howard Patchell used a current account with the company to record amounts due to him and amounts drawn by him. The account shows an amount owed to Howard Patchell as director as at 31st March 2025 of £37,559.84 (2024: £37,439.84). The amount does not carry interest and is repayable on demand. During the year, the company had a loan outstanding to Howard Patchell. The amout owed to Howard Patchell as at 31st March 2025 was £227,438.00 (2024: £57,438.00). The amount does not carry interest and is not repayable within one year. During the year, the company had a loan outstanding to Elinor Patchell. The amout owed to Elinor Patchell as at 31st March 2025 was £358,541.22 (2024: £488,541.22). The amount does not carry interest and is not repayable within one year.

11	Controlling party

	The company is under the joint control of the Matthew Rhys Patchell and Tomos Ifan Patchell, who togeher hold 80% of the issued share capital.





12	Other information

	Tomat Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
	2 Westbourne Crescent
	Cardiff
	Wales
	CF14 2BL