REGISTERED NUMBER: 05880332 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Thames Valley Asset Finance Limited

T/A

Wise Business Finance

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs F S Wise

A P Wise

REGISTERED OFFICE:

7 West Mills Yard

Newbury

Berkshire

RG14 5LP

REGISTERED NUMBER:

05880332 (England and Wales)

ACCOUNTANTS:

J & C Accountants Ltd

Wyvols Court

Basingstoke Road

Swallowfield

Reading

Berkshire

RG7 1WY

FIXED ASSETS

Tangible assets

4

7,612

2,944

CURRENT ASSETS

Debtors

5

52,781

40,294

Cash at bank

341,430

366,343

394,211

406,637

CREDITORS

Amounts falling due within one year

6

50,572

55,659

NET CURRENT ASSETS

343,639

350,978

TOTAL ASSETS LESS CURRENT LIABILITIES

351,251

353,922

PROVISIONS FOR LIABILITIES

541

736

NET ASSETS

350,710

353,186

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

350,609

353,085

350,710

353,186

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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 5 November 2025 and were signed on its behalf by:

A P Wise - Director

1.	STATUTORY INFORMATION

Thames Valley Asset Finance Limited is a private company, limited by shares, registered in England & Wales. The company's registered number is 05880332. The registered office address is 7 West Mills Yard, Newbury, Berkshire, RG14 5LP.

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 represents revenue from arranging finance across a range of assets, including equipment and vehicles, and is recognised at the fair value of the consideration received or receivable over the period of the agreement.

Tangible fixed assets

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

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

40,979

Additions

7,963

At 31 July 2025

48,942

DEPRECIATION

At 1 August 2024

38,035

Charge for year

3,295

At 31 July 2025

41,330

NET BOOK VALUE

At 31 July 2025

7,612

At 31 July 2024

2,944

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

2,581

3,020

Other debtors

50,200

37,274

52,781

40,294

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

6,569

7,499

Taxation and social security

29,590

35,205

Other creditors

14,413

12,955

50,572

55,659

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.7.25

31.7.24

£

£

Within one year

5,500

6,600

Between one and five years

-

6,600

5,500

13,200

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.7.25

31.7.24

£

£

A P Wise

Balance outstanding at start of year

29,761

54,109

Amounts advanced

48,263

137,899

Amounts repaid

(34,627

)

(162,247

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

43,397

29,761

9.	RELATED PARTY DISCLOSURES

As at the period end £684 ( 2024 £684 ) was owed by Navigate Business Finance Limited, a company in which Director Mr A P Wise is a shareholder.