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Registered number: 10052375









TSA (HOLDINGS) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2025

 
TSA (HOLDINGS) LIMITED
REGISTERED NUMBER: 10052375

BALANCE SHEET
AS AT 30 APRIL 2025

2025
2024
Note
£
£

Fixed assets
  

Investments
 4 
1,100,000
1,100,000

Investment property
 5 
954,375
954,375

  
2,054,375
2,054,375

Current assets
  

Debtors: amounts falling due within one year
 6 
17,400
20,120

Cash at bank and in hand
 7 
93,956
87,979

  
111,356
108,099

Creditors: amounts falling due within one year
 8 
(784,285)
(749,722)

Net current liabilities
  
 
 
(672,929)
 
 
(641,623)

Total assets less current liabilities
  
1,381,446
1,412,752

Creditors: amounts falling due after more than one year
 9 
(34,182)
(68,308)

  

Net assets
  
1,347,264
1,344,444


Capital and reserves
  

Called up share capital 
  
2,450
2,450

Share premium account
  
528,050
528,050

Other reserve
  
264,701
264,701

Profit and loss account
  
552,063
549,243

  
1,347,264
1,344,444


Page 1

 
TSA (HOLDINGS) LIMITED
REGISTERED NUMBER: 10052375
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A Sibley
Director

Date: 5 January 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
TSA (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

1.


General information

TSA (Holdings) limited is a private company limited by shares and incorporated in England. Its registered
office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom W1W 6XH.

The principal place of business is 47 Tenter Road, Northampton, NN3 6AX.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

 
2.3

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.4

Valuation of investments

Investments held as fixed assets are shown at cost less provision for impairment. 

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 3

 
TSA (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 May 2024
1,100,000



At 30 April 2025
1,100,000




Subsidiary undertaking

The following was a subsidiary undertaking of the Company:


Name                                               Registered office                      Class of shares              Holding

Tangent Self Adhesive Limited             England & Wales                        Ordinary                           100%
 


5.


Investment property


Freehold investment property

£



Valuation


At 1 May 2024
954,375



At 30 April 2025
954,375

The 2025 valuations were made by the directors, on an open market value basis.



Page 4

 
TSA (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

6.


Debtors

2025
2024
£
£


Trade debtors
17,400
20,120

17,400
20,120



7.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
93,956
87,979

93,956
87,979



8.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank loans
32,942
30,548

Trade creditors
3,008
2,858

Amounts owed to group undertakings
464,193
387,693

Corporation tax
9,142
9,669

Other taxation and social security
2,900
3,353

Other creditors
259,583
303,084

Accruals and deferred income
12,517
12,517

784,285
749,722



9.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
34,182
68,308

34,182
68,308


Page 5

 
TSA (HOLDINGS) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2025

10.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Bank loans
32,942
30,548


32,942
30,548


Amounts falling due 2-5 years

Bank loans
34,182
61,096


34,182
61,096

Amounts falling due after more than 5 years

Bank loans
-
7,212

-
7,212

67,124
98,856



 
Page 6