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Registration number: 07413271

Thompson Developments (Bristol) Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Thompson Developments (Bristol) Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

Thompson Developments (Bristol) Limited

Company Information

Directors | K J Thompson S-A Thompson

Registered office | Unit 9c Eclipse Office Park 20 High Street Staple Hill Bristol BS16 5EL

Accountants | Burton Sweet Limited Chartered Accountants & Business Advisors The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton, Bristol BS48 1UR

Thompson Developments (Bristol) Limited

(Registration number: 07413271)
Balance Sheet
31 October 2025

| Note | 2025 £ | (As restated) 2024 £
Fixed assets |  |  |
Investment property | 5 | 1,274,000 | 1,274,000
Current assets |  |  |
Debtors | 6 | 1,353 | 13,530
Cash at bank and in hand |  | 9,927 | 21,143
|  | 11,280 | 34,673
Creditors: Amounts falling due within one year | 7 | (603,534) | (619,673)
Net current liabilities |  | (592,254) | (585,000)
Total assets less current liabilities |  | 681,746 | 689,000
Creditors: Amounts falling due after more than one year | 7 | (101,449) | (109,051)
Provisions for liabilities |  | (84,978) | (84,978)
Net assets |  | 495,319 | 494,971
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Fair value reserve |  | 302,465 | 302,465
Retained earnings |  | 192,754 | 192,406
Shareholders' funds |  | 495,319 | 494,971

Thompson Developments (Bristol) Limited

(Registration number: 07413271)
Balance Sheet
31 October 2025

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the Board on 18 May 2026 and signed on its behalf by:

......................................... K J Thompson Director

Thompson Developments (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Unit 9c Eclipse Office Park
20 High Street
Staple Hill
Bristol
BS16 5EL

These financial statements were authorised for issue by the Board on 18 May 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Prior period errors

A prior period adjustment has been made to correct the fair value reserves and deferred taxation. This has increased provision for liabilites by £20,396 and the fair value reseves by £45,596 and reduced retained profit by £65,992.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rental of its investment property in the ordinary course of the company’s activities.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Thompson Developments (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 October 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Fixtures and Fittings | 20% Straight Line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Thompson Developments (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 October 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Thompson Developments (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 October 2025

4 | Tangible assets

| Fixtures and fittings £ | Total £
Cost or valuation
At 1 November 2024 | 4,363 | 4,363
At 31 October 2025 | 4,363 | 4,363
Depreciation
At 1 November 2024 | 4,363 | 4,363
At 31 October 2025 | 4,363 | 4,363
Carrying amount
At 31 October 2025 | - | -

5 | Investment properties

| 2025 £
At 1 November | 1,274,000
At 31 October | 1,274,000

The fair value of the investment property has been ascertained by the directors at 31 October 2025.

Thompson Developments (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 October 2025

6 | Debtors

| 2025 £ | 2024 £
Other debtors | - | 12,000
Prepayments | 1,353 | 1,530
| 1,353 | 13,530

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 7,602 | 7,168
Intercompany loan | 9 | 590,165 | 607,907
Taxation and social security |  | 2,897 | 2,393
Accruals and deferred income |  | 2,870 | 2,205
|  | 603,534 | 619,673

On the 22 December 2011 Lloyds TSB Bank plc registered a charge over freehold property known as 25 Amble Close, Bristol together with a fixed and floating charge over plant & machinery, debts and goodwill of the business.
On 17 January 2012 Lloyds TSB Bank plc registered a fixed and floating charge over the ovetaking and all property and assets present and future.
On the 24 June 2024 The Mortgage Works (UK) plc registered a charge over 126 Guest Avenue, Emersons Green, Bristol.

Thompson Developments (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 October 2025

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 101,449 | 109,051

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 7,602 | 7,168

9 | Related party transactions

Transactions with directors

2025 | At 1 November 2024 £ | Repayments by director £ | At 31 October 2025 £
K J Thompson
Interest free and repayable on demand | 6,000 | (6,000) | -
S-A Thompson
Interest free and payable on demand | 6,000 | (6,000) | -

Thompson Developments (Bristol) Limited

Notes to the Unaudited Financial Statements
Year Ended 31 October 2025

2024 | At 1 November 2023 £ | Advances to director £ | At 31 October 2024 £
K J Thompson
Interest free and repayable on demand | - | 6,000 | 6,000
S-A Thompson
Interest free and payable on demand | - | 6,000 | 6,000

Summary of transactions with other related parties

Thompson Carpentry Limited
A loan has been made by Thompson Carpentry Limited to Thompson Developments (Bristol) Limited a company under common control, the amount owing at 31 October 2025 was £590,165 (2024: £607,907). No interest is payable on the loan
During the year, one of the company owned flats was rented to the son of the directors at less than market value.