REGISTERED NUMBER: 10693563 (England and Wales)

Financial Statements

For The Year Ended 30 September 2025

for

Tamar Valley Projects Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

CURRENT ASSETS

Stocks

757,780

731,315

Cash at bank

784

425

758,564

731,740

CREDITORS

Amounts falling due within one year

4

781,945

749,760

NET CURRENT LIABILITIES

(23,381

)

(18,020

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(23,381

)

(18,020

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(23,481

)

(18,120

)

SHAREHOLDERS' FUNDS

(23,381

)

(18,020

)

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 Board of Directors and authorised for issue on 29 April 2026 and were signed on its behalf by:

C M Hodge - Director

1.	STATUTORY INFORMATION

Tamar Valley Projects Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

10693563

Registered office:

Harscombe House

1 Darklake View

Plymouth

Devon

PL6 7TL

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.

The financial statements show the company to be in a net liabilities position. The directors believe that it is

appropriate to prepare the accounts on a going concern basis given forecast improved performance and the

continued financial support of the group.

The directors therefore believe that there is not a material uncertainty over the company's ability to continue as a going concern.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Stocks

Stocks consist of the acquisition of land together with the professional fees in relation to acquisition and development of the land. It has initially been recognised at cost until the outcome from the environmental agency regarding the licence is concluded. At this stage the directors will review the accounting treatment of these costs.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

19,645

-

Amounts owed to group undertakings

757,865

745,535

Other creditors

4,435

4,225

781,945

749,760

5.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Groves (Senior Statutory Auditor)

for and on behalf of TC Group

6.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C Hodge and N Haigh, directors and shareholders of the parent company.

7.	GOING CONCERN

The company has net liabilities but the directors have agreed that the group will support the company. The going concern basis is still considered appropriate.