Company Registration No. 00793424 (England and Wales)
A.E. THOROGOOD INVESTMENTS
LIMITED
ANNUAL REPORT AND UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
TWP Accounting LLP
Chartered Accountants
The Old Rectory
Church Street
Weybridge
Surrey
KT13 8DE
A.E. THOROGOOD INVESTMENTS LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 7
A.E. THOROGOOD INVESTMENTS LIMITED
Company Registration No. 00793424
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Investment properties
5
1,390,000
1,390,000
Investments
6
100
100
1,390,100
1,390,100
Current assets
Debtors
7
2,149,593
2,094,998
Cash at bank and in hand
302,403
349,165
2,451,996
2,444,163
Creditors: amounts falling due within one year
8
(63,165)
(63,515)
Net current assets
2,388,831
2,380,648
Total assets less current liabilities
3,778,931
3,770,748
Creditors: amounts falling due after more than one year
9
(434,000)
(434,000)
Provisions for liabilities
(70,041)
(70,041)
Net assets
3,274,890
3,266,707
Capital and reserves
Called up share capital
10
100
100
Profit and loss reserves
3,274,790
3,266,607
Total equity
3,274,890
3,266,707

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

A.E. THOROGOOD INVESTMENTS LIMITED
Company Registration No. 00793424
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2025
30 September 2025
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 13 May 2026 and are signed on its behalf by:
G E Grant
Director
A.E. THOROGOOD INVESTMENTS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 October 2023
100
3,231,049
3,231,149
Year ended 30 September 2024:
Profit and total comprehensive income for the year
-
35,558
35,558
Balance at 30 September 2024
100
3,266,607
3,266,707
Year ended 30 September 2025:
Profit and total comprehensive income for the year
-
8,183
8,183
Balance at 30 September 2025
100
3,274,790
3,274,890
A.E. THOROGOOD INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -
1
Accounting policies
Company information

A.E. Thorogood Investments Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Old Rectory, Church Street, Weybridge, Surrey, KT13 8DE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention to include investment properties at fair value.The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of rental income receivable during the year, exclusive of Value Added Tax and trade discounts. The proportion of invoiced rents that relate to later periods are carried forward as deferred income within creditors.

1.3
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.5
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

A.E. THOROGOOD INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 5 -
1.6
Financial instruments
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

2
Exceptional item
2025
2024
£
£
Expenditure
Profit/(loss) on disposal of investment properties
-
298,729
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
4
4
A.E. THOROGOOD INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
4
Interest receivable and similar income
2025
2024
£
£
Interest receivable and similar income includes the following:
Interest receivable from group companies
54,883
52,671
5
Investment property
2025
£
Fair value
At 1 October 2024 and 30 September 2025
1,390,000

The fair value of the investment properties have been arrived at on the basis of a valuation carried out by G E Grant, a director. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
100
100
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Rents receivable
33,600
39,651
Amounts owed by group undertakings
1,884,332
1,823,354
Other debtors
231,661
231,993
2,149,593
2,094,998
8
Creditors: amounts falling due within one year
2025
2024
£
£
Supplier balances
517
234
Taxation and social security
4,926
4,139
Other creditors
57,722
59,142
63,165
63,515
A.E. THOROGOOD INVESTMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 7 -
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
434,000
434,000

Included in creditors due after more than one year is a bank loan of £434,000 which is secured against a property held by the company

10
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
86
86
86
86
Deferred Ordinary shares of £1 each
14
14
14
14
100
100
100
100
11
Related party transactions

At the balance sheet date the company was owed £1,8 84,332 (20 24 - £1,823,354) b y A E Thorogood Investments Portfolio Limited, its subsidiary company. This loan is repayable on demand and attracts interest at 3% per annum.

At the balance sheet date the company was owed £231,210 (2024 - £227,396) by A.E.Thorogood Limited, a connected company.

At the balance sheet date the company owed £5,000 (202 4 - £5,000) to AET Construction Limited, a connected company.

During the period the company paid £96,000 (20 24 - £9 6,000) for consultancy services carried out by Gareth Grant Family Trust, which G E Grant, a director, is a trustee of.

During the period the company paid £1 2,000 (2024 - £1 6,000) for consultancy services carried out by The J M Grant Family Trust, which J M Grant, a director, is a trustee of.

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