Registered number
06622800
Tower Supply Limited
Filleted Accounts
31 August 2025

Tower Supply Limited
Registered number: | 06622800
Balance Sheet
as at 31 August 2025
Notes |  |  | 2025 |  |  | 2024
£ | £
Fixed assets
Intangible assets | 3 |  |  | 29,946 |  |  | 17,675
Tangible assets | 4 |  |  | 13,199 |  |  | 16,119
Investment property | 5 |  |  | 66,642 |  |  | 66,642
|  |  |  | 109,787 |  |  | 100,436
Current assets
Debtors | 6 |  | 30,736 |  |  | 21,205
Cash at bank and in hand |  |  | 158,669 |  |  | 155,030
|  |  | 189,405 |  |  | 176,235
Creditors: amounts falling due within one year | 7 |  | (87,255) |  |  | (102,348)
Net current assets |  |  |  | 102,150 |  |  | 73,887
Total assets less current liabilities |  |  |  | 211,937 |  |  | 174,323
Creditors: amounts falling due after more than one year | 8 |  |  | - |  |  | (4,583)
Provisions for liabilities |  |  |  | (1,596) |  |  | (1,806)
Net assets |  |  |  | 210,341 |  |  | 167,934
Capital and reserves
Called up share capital |  |  |  | 250 |  |  | 250
Profit and loss account |  |  |  | 210,091 |  |  | 167,684
Shareholders' funds |  |  |  | 210,341 |  |  | 167,934
The director is 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 director acknowledges his 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.
Mrs S Middleton
Director
Approved by the board on 25 March 2026

Tower Supply Limited
Notes to the Accounts
for the year ended 31 August 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.
| Intangible fixed assets
| Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
| 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:
| Motor vehicle | 25% reducing balance
| Office equipment | 10% reducing balance
| Crypto assets
| Crypto assets are classified as intangible assets and are initially recognised at cost. They are subsequently measured at cost less any accumulated impairment losses. The assets are not amortised as they are considered to have an indefinite useful life but are tested for impairment whenever there is an indication that their carrying amount may not be recoverable. Any impairment losses are recognised in profit or loss in the period in which they arise. Cryptoassets are presented as a separate class of intangible asset from goodwill in the balance sheet. The company holds cryptoassets for investment purposes rather than for sale in the ordinary course of business. During the year, the company changed the accounting policy for cryptoassets from the revaluation model to the cost model. The change was made to provide more relevant and reliable information and to reduce volatility in equity.
| Investment property
| Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, including transaction costs.
| 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.
| Pensions
| Contributions to defined contribution plans are expensed in the period to which they relate.
2 | Employees | 2025 |  | 2024
Number | Number
| Average number of persons employed by the company | 1 |  | 3
3 | Intangible fixed assets
|  |  |  | Crypto Assets | Goodwill |  | Total
£ | £
| Cost
| At 1 September 2024 | 13,275 |  | 11,000 |  | 24,275
| Additions | 15,000 |  | - |  | 15,000
| Impairment | (2,179) |  | - |  | (2,179)
| At 31 August 2025 | 26,096 |  | 11,000 |  | 37,096
| Amortisation
| At 1 September 2024 | - |  | 6,600 |  | 6,600
| Provided during the year | - |  | 550 |  | 550
| At 31 August 2025 | - |  | 7,150 |  | 7,150
| Net book value
| At 31 August 2025 | 26,096 |  | 3,850 |  | 29,946
| At 31 August 2024 | 13,275 |  | 4,400 |  | 17,675
| Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.
4 | Tangible fixed assets
|  |  |  | Office Equipment |  | Motor vehicles |  | Total
£ | £ | £
| Cost
| At 1 September 2024 | 17,748 |  | 11,890 |  | 29,638
| At 31 August 2025 | 17,748 |  | 11,890 |  | 29,638
| Depreciation
| At 1 September 2024 | 10,175 |  | 3,344 |  | 13,519
| Charge for the year | 783 |  | 2,137 |  | 2,920
| At 31 August 2025 | 10,958 |  | 5,481 |  | 16,439
| Net book value
| At 31 August 2025 | 6,790 |  | 6,409 |  | 13,199
| At 31 August 2024 | 7,573 |  | 8,546 |  | 16,119
5 | Investment property
Other
investments
£
| Cost
| At 1 September 2024 | 66,642
| At 31 August 2025 | 66,642
| Historical cost
| At 1 September 2024 | 66,642
| At 31 August 2025 | 66,642
| The director have considered the market value of the investment property and are of the opinion that there has been no material change from the carrying value.
6 | Debtors | 2025 |  | 2024
£ | £
| Trade debtors | 30,736 |  | 21,205
7 | Creditors: amounts falling due within one year | 2025 |  | 2024
£ | £
| Bank loans and overdrafts | 4,583 |  | 5,000
| Trade creditors | 3,043 |  | -
| Taxation and social security costs | 75,944 |  | 93,186
| Other creditors | 3,685 |  | 4,162
|  |  |  |  |  | 87,255 |  | 102,348
8 | Creditors: amounts falling due after one year | 2025 |  | 2024
£ | £
| Bank loans | - |  | 4,583
9 | Other information
| Tower Supply Limited is a private company limited by shares and incorporated in England. Its registered office is:
| Tower House
| 282 Church Street
| Blackpool
| Lancashire
| FY1 3QA

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