REGISTERED NUMBER: 10878235 (England and Wales)

TLC GROUP (DEVELOPMENTS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

15,366

28,679

Investments

5

147,173

-

162,539

28,679

CURRENT ASSETS

Stocks

82,934

80,620

Debtors

6

73,317

17,845

Cash at bank

29,412

115,134

185,663

213,599

CREDITORS

Amounts falling due within one year

7

227,857

183,322

NET CURRENT (LIABILITIES)/ASSETS

(42,194

)

30,277

TOTAL ASSETS LESS CURRENT LIABILITIES

120,345

58,956

CREDITORS

Amounts falling due after more than one year

8

(107,958

)

(21,292

)

PROVISIONS FOR LIABILITIES

(5,467

)

(7,170

)

NET ASSETS

6,920

30,494

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

6,918

30,492

6,920

30,494

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

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

The director acknowledges his 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 director and authorised for issue on 26 May 2026 and were signed by:

L S Caudle - Director

1.	STATUTORY INFORMATION

TLC Group (Developments) 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:

10878235

Registered office:

Broad House

The Broadway

Old Hatfield

Herts

AL9 5BG

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 as modified by the revaluation of certain assets.

Going concern

The financial statements have been prepared on a going concern basis.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenue and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. In the director's opinion, there are no significant judgements or key sources of estimation uncertainty.

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.

Plant and machinery etc

-

33% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments

The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Profit and Loss Account,

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Government grants

Government grants have been accounted for under the accrual model, recognised as other income against the period to which they relate. There were no unfulfilled conditions or contingencies attached to the grant.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

53,808

Additions

1,823

At 31 July 2025

55,631

DEPRECIATION

At 1 August 2024

25,129

Charge for year

15,136

At 31 July 2025

40,265

NET BOOK VALUE

At 31 July 2025

15,366

At 31 July 2024

28,679

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

140,673

Disposals

(2

)

Revaluations

6,502

At 31 July 2025

147,173

NET BOOK VALUE

At 31 July 2025

147,173

Cost or valuation at 31 July 2025 is represented by:

Other

investments

£

Valuation in 2025

6,502

Cost

140,671

147,173

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

29,115

3,150

Amounts owed by group undertakings

42,987

11,837

Other debtors

1,215

2,858

73,317

17,845

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

22,377

11,599

Trade creditors

54,955

50,945

Taxation and social security

64,910

68,995

Other creditors

85,615

51,783

227,857

183,322

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

107,958

21,292

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2025 and 31 July 2024:

2025

2024

£

£

L S Caudle

Balance outstanding at start of year

(11,192

)

8,033

Amounts advanced

102,716

82,474

Amounts repaid

(125,270

)

(101,699

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(33,746

)

(11,192

)

10.	RELATED PARTY DISCLOSURES

At the year end the company was owed a balance of £42,987 (2024: £11,837) from companies in which the director has an interest in.