REGISTERED NUMBER: 13096060 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

TT LUXURY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Arron William Honzik

Grant Andrew Honzik

REGISTERED OFFICE:

Acklam Hall Office 12

Hall Drive

Acklam

Middlesbrough

TS5 7DY

REGISTERED NUMBER:

13096060 (England and Wales)

ACCOUNTANTS:

Walter Dawson & Son

Chartered Accountants

Lawrence House

James Nicolson Link

Clifton Moor

York

North Yorkshire

YO30 4WG

FIXED ASSETS

Tangible assets

4

9,228

12,305

CURRENT ASSETS

Stocks

5

531,136

555,487

Debtors

6

195,265

117,080

Cash at bank and in hand

174,532

345,447

900,933

1,018,014

CREDITORS

Amounts falling due within one year

7

677,812

216,925

NET CURRENT ASSETS

223,121

801,089

TOTAL ASSETS LESS CURRENT LIABILITIES

232,349

813,394

CREDITORS

Amounts falling due after more than one year

8

-

(500,000

)

PROVISIONS FOR LIABILITIES

(2,307

)

(3,076

)

NET ASSETS

230,042

310,318

CAPITAL AND RESERVES

Called up share capital

100

100

Profit and loss account

229,942

310,218

SHAREHOLDERS' FUNDS

230,042

310,318

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

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

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by:

Grant Andrew Honzik - Director

1.	STATUTORY INFORMATION

TT Luxury 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.

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.

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.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Income recognition

Income is recognised when goods and services have been delivered to customers such that the risks and rewards of ownership have transferred to them.

Operating leases

Rentals payable under operating leases are charged to the profit and loss account on a straight line basis over the period of the leases. The benefits of lease incentives are recognised in the profit and loss account over the lease period on a straight line basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 January 2025

and 31 December 2025

17,844

11,250

29,094

DEPRECIATION

At 1 January 2025

10,285

6,504

16,789

Charge for year

1,890

1,187

3,077

At 31 December 2025

12,175

7,691

19,866

NET BOOK VALUE

At 31 December 2025

5,669

3,559

9,228

At 31 December 2024

7,559

4,746

12,305

5.

STOCKS

2025

2024

£

£

Stocks

531,136

555,487

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,000

-

Directors' current accounts

154,859

86,041

Tax

38,406

29,039

Prepayments and accrued income

-

2,000

195,265

117,080

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

38,397

44,912

Social security and other taxes

2,479

5,162

VAT

15,939

14,744

Other creditors

142,997

127,107

Directors' current accounts

475,000

-

Accrued expenses

3,000

25,000

677,812

216,925

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans

-

500,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans

-

500,000

9.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the pension scheme are held separately from those of the company in an independently administered fund. The pension cost represents contributions payable by the company to the fund and amounted to £654 (2024: £1,492). Contributions totalling £nil (2024: £2,013) were payable to the fund at the year end and are included in creditors.

10.	OTHER FINANCIAL COMMITMENTS

The company had capital and other commitments contracted but not provided for totalling £28,740 (2024: £57,480).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the company made advances to the Directors totalling £116,218 (2024: £163,399). Interest has been charged in line with HMRC rates.

The company received repayments totalling £487,000 (2024: £76,541).