TOWERGOLD LIMITED

Company Registration Number:
02007498 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2025

Period of accounts

Start date: 01 September 2024

End date: 31 August 2025

TOWERGOLD LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2025

Balance sheet
Notes

TOWERGOLD LIMITED

Balance sheet

As at 31 August 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 337,121 333,567
Total fixed assets: 337,121 333,567
Current assets
Stocks: 159,406 171,215
Debtors: 4 13,244 34,078
Cash at bank and in hand: 483,450 569,449
Investments: 5 107,096 119,055
Total current assets: 763,196 893,797
Creditors: amounts falling due within one year:   (22,218) (43,454)
Net current assets (liabilities): 740,978 850,343
Total assets less current liabilities: 1,078,099 1,183,910
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): 1,078,099 1,183,910
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,077,999 1,183,810
Shareholders funds: 1,078,099 1,183,910

The notes form part of these financial statements

TOWERGOLD LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 November 2025
and signed on behalf of the board by:

Name: C S Christodoulides
Status: Director

The notes form part of these financial statements

TOWERGOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TOWERGOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

2. Employees

2025 2024
Average number of employees during the period 5 5

TOWERGOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible Assets

Total
Cost £
At 01 September 2024 377,430
Additions 37,468
Disposals (43,879)
At 31 August 2025 371,019
Depreciation
At 01 September 2024 43,863
Charge for year 10,682
On disposals (20,647)
At 31 August 2025 33,898
Net book value
At 31 August 2025 337,121
At 31 August 2024 333,567

TOWERGOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 13,244 34,078

TOWERGOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

5. Current investments

Investments in UK listed companies are included at fair value, with changes recognised in profit or loss.

TOWERGOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2025

6. Post balance sheet events

On the 27th of October 2025, the company completed the sale of its freehold premises in Crawley. Exchange of contracts took place on the 13th of October 2025. As one of the directors (C S Christodoulides) is scheduled to retire in November 2025, the company has restructured its operations and has made two employees redundant. The retiring director will be selling his shares back to the company who will be paying for them from its distributable reserves. The purchased shares will be cancelled. HMRC has been notified and clearance was received on the 1st of September 2025.