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Registered number: 13573550
T-Rex Investments (Swansea) Limited
Unaudited Financial Statements
For The Year Ended 31 August 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13573550
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 162 202
Investment Properties 5 275,972 417,550
276,134 417,752
CURRENT ASSETS
Debtors 6 - 6,795
Cash at bank and in hand 11,615 5,635
11,615 12,430
Creditors: Amounts Falling Due Within One Year 7 (58,124 ) (103,834 )
NET CURRENT ASSETS (LIABILITIES) (46,509 ) (91,404 )
TOTAL ASSETS LESS CURRENT LIABILITIES 229,625 326,348
Creditors: Amounts Falling Due After More Than One Year 8 (206,185 ) (301,918 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (2,510 ) (2,480 )
NET ASSETS 20,930 21,950
CAPITAL AND RESERVES
Called up share capital 9 2 2
Revaluation reserve 10 10,842 10,842
Profit and Loss Account 10,086 11,106
SHAREHOLDERS' FUNDS 20,930 21,950
Page 1
Page 2
For the year ending 31 August 2025 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Joshua Hughes
Director
3 May 2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
T-Rex Investments (Swansea) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13573550 . The registered office is Sunnycroft, Main Road, Cardiff, South Glamorgan, CF15 8LJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Rental Income
Income from rentals are recognised in accordance with the terms of the relevant lease and for the period to which the rent relates.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 20% Reducing Balance
2.5. Investment Properties
All investment properties are carried at fair value determined annually 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 for. Changes in fair value are recognised in the profit and loss account.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 September 2024 229
As at 31 August 2025 229
Depreciation
As at 1 September 2024 27
Provided during the period 40
As at 31 August 2025 67
Net Book Value
As at 31 August 2025 162
As at 1 September 2024 202
5. Investment Property
2025
£
Fair Value
As at 1 September 2024 417,550
Disposals (141,578 )
As at 31 August 2025 275,972
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 262,921 404,499
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors - 1,795
Due after more than one year
Amounts owed by other participating interests - 5,000
- 6,795
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Bank loans and overdrafts - 9,317
Other creditors 53,290 91,602
Taxation and social security 4,834 2,915
58,124 103,834
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 206,185 301,918
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 2 2
10. Reserves
Revaluation reserve Profit and Loss Account
£ £
As at 1 September 2024 10,842 11,106
Loss for the year and total comprehensive income - (1,020 )
As at 31 August 2025 10,842 10,086
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