REGISTERED NUMBER: 09921421 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2025

FOR

TEATHER PROPERTY INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J D Teather

REGISTERED OFFICE:

13 Hursley Road

Chandler's Ford

Eastleigh

Hampshire

SO53 2FW

REGISTERED NUMBER:

09921421 (England and Wales)

FIXED ASSETS

Tangible assets

4

336

692

Investment property

5

5,681,000

5,602,000

5,681,336

5,602,692

CURRENT ASSETS

Debtors

6

6,496

22,142

Cash at bank

44,608

48,591

51,104

70,733

CREDITORS

Amounts falling due within one year

7

744,224

730,236

NET CURRENT LIABILITIES

(693,120

)

(659,503

)

TOTAL ASSETS LESS CURRENT LIABILITIES

4,988,216

4,943,189

CREDITORS

Amounts falling due after more than one year

8

(4,359,568

)

(4,311,897

)

PROVISIONS FOR LIABILITIES

(160,289

)

(140,628

)

NET ASSETS

468,359

490,664

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

10

480,614

421,364

Retained earnings

(12,355

)

69,200

468,359

490,664

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23rd April 2026 and were signed by:

J D Teather - Director

1.	STATUTORY INFORMATION

Teather Property Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

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.

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st January 2025

and 31st December 2025

1,078

DEPRECIATION

At 1st January 2025

386

Charge for year

356

At 31st December 2025

742

NET BOOK VALUE

At 31st December 2025

336

At 31st December 2024

692

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2025

5,602,000

Revaluations

79,000

At 31st December 2025

5,681,000

NET BOOK VALUE

At 31st December 2025

5,681,000

At 31st December 2024

5,602,000

Fair value at 31st December 2025 is represented by:

£

Valuation in 2023

561,819

Valuation in 2025

79,000

Cost

5,040,181

5,681,000

Investment properties are shown at most recent valuation. Any aggregate surplus or deficit from changes in fair value is recognised in the profit and loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

4,962

10,560

Other debtors

1,534

11,582

6,496

22,142

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

-

7,357

Taxation and social security

35,366

10,727

Other creditors

708,858

712,152

744,224

730,236

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

3,359,568

3,311,897

Other creditors

1,000,000

1,000,000

4,359,568

4,311,897

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

3,359,568

3,282,469

9.	LEASING AGREEMENTS

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

31.12.25

31.12.24

£

£

Within one year

8,443

-

Between one and five years

35,627

-

44,070

-

10.

RESERVES

Fair

value

reserve

£

At 1st January 2025

421,364

Revaluation

59,250

At 31st December 2025

480,614