TABS Investments Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

TABS Investments Limited

Company Information

Directors

J Bayliss I Bayliss M Bayliss N J Bayliss

Registered office

Wexcombe Cottage 1 Barry Place Derry Hill Calne Wiltshire SN11 9NX

Registered Number

09216366

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

TABS Investments Limited

(Registration number: 09216366)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Investment property	4	950,000	800,000
Fixed asset investments	5	1,169,730	1,426,361
		2,119,730	2,226,361
Current assets
Debtors	6	892	594
Cash at bank and in hand		21,985	67,360
		22,877	67,954
Creditors: Amounts falling due within one year	7	(51,961)	(62,738)
Net current (liabilities)/assets		(29,084)	5,216
Total assets less current liabilities		2,090,646	2,231,577
Creditors: Amounts falling due after more than one year	7	(1,720,000)	(2,000,000)
Net assets		370,646	231,577
Capital and reserves
Called up share capital		100	100
Retained earnings		370,546	231,477
Shareholders' funds		370,646	231,577

TABS Investments Limited

(Registration number: 09216366)
Balance Sheet as at 31 March 2025

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 31 December 2025 and signed on its behalf by:
 

......................................... M Bayliss Director

TABS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Wexcombe Cottage
1 Barry Place
Derry Hill
Calne
Wiltshire
SN11 9NX

These financial statements were authorised for issue by the Board on 31 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime). There have been no material departures from the Financial Reporting Standard 102 1A.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

TABS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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.

Fixed asset investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are measured at fair value, with changes in fair value recognised in profit and loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

The company operates a define contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Once the contributions have been paid, the company has no further payment obligations.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2024 - 2).

TABS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Investment properties

	2025 £
At 1 April 2024	800,000
Revaluations	150,000
At 31 March 2025	950,000

The fair value of the investment properties has been arrived at by a valuation by the directors at their open market value at 31 March 2025 based on similar properties. The properties held are commercial.

5	Fixed asset investments

	Listed investments £	Total £
Fixed asset investments
Cost or valuation
At 1 April 2024	1,426,361	1,426,361
Revaluations	(77,758)	(77,758)
Additions	453,913	453,913
Disposals	(632,786)	(632,786)
At 31 March 2025	1,169,730	1,169,730
Carrying amount
At 31 March 2025	1,169,730	1,169,730

The historical cost of the fixed asset investments is £1,093,750 (2024 - £1,270,238).

6

Debtors

	2025 £	2024 £
Prepayments and accrued income	892	594
	892	594

TABS Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Creditors

Due within one year	Note	2025 £	2024 £
Amounts owed to related parties	8	1,399	848
Taxation and social security		27,757	41,585
Accruals and deferred income		13,205	10,705
Other creditors		9,600	9,600
		51,961	62,738

 

	Note	2025 £	2024 £
Due after one year
Amounts owed to related parties	8	1,720,000	2,000,000

8	Related party transactions

Loans from related parties

2025	Key management £	Total £
At start of period	2,000,848	2,000,848
Advanced	99,625	99,625
Repaid	(379,074)	(379,074)
At end of period	1,721,399	1,721,399

2024	Key management £	Other related parties £	Total £
At start of period	224	3,161,640	3,161,864
Advanced	2,157,624	274,360	2,431,984
Repaid	(157,000)	(3,436,000)	(3,593,000)
At end of period	2,000,848	-	2,000,848

Terms of loans from related parties

The loans from key management are interest free and repayable on demand.
 
The loans from other related parties are interest free and repayable on demand.