Transatlantic Thoroughbred Services Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 13589665

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		29,930		2,586

			29,930		2,586
CURRENT ASSETS
Debtors	5	9,217		3,687
Cash at bank and in hand		19,830		34,662

		29,047		38,349
Creditors: Amounts Falling Due Within One Year	6	(36,881 )		(34,336 )

NET CURRENT ASSETS (LIABILITIES)			(7,834 )		4,013

TOTAL ASSETS LESS CURRENT LIABILITIES			22,096		6,599

Creditors: Amounts Falling Due After More Than One Year	7		(21,994 )		-

NET ASSETS			102		6,599

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			2		6,499

SHAREHOLDERS' FUNDS			102		6,599

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Transatlantic Thoroughbred Services Limited

Balance Sheet (continued)

As At 31 August 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Mohammed Khan Director	Mr Harry Wigan Director
28/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Transatlantic Thoroughbred Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13589665 . The registered office is 23b The Avenue, London, W4 1HA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles	25% Straight Line
Computer Equipment	33% Straight Line

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

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Transatlantic Thoroughbred Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 September 2024	-	3,860	3,860
Additions	30,299	1,516	31,815

As at 31 August 2025	30,299	5,376	35,675

Depreciation
As at 1 September 2024	-	1,274	1,274
Provided during the period	3,156	1,315	4,471

As at 31 August 2025	3,156	2,589	5,745

Net Book Value
As at 31 August 2025	27,143	2,787	29,930

As at 1 September 2024	-	2,586	2,586

5. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	-	1,193
Corporation tax recoverable assets	2,494	2,494
Directors' loan accounts	6,723	-

	9,217	3,687

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	2,527	-
Corporation tax	1,399	5,753
VAT	5,003	-
Accruals and deferred income	27,952	27,310
Directors' loan accounts	-	1,273

	36,881	34,336

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	21,994	-

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Transatlantic Thoroughbred Services Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,527	-
Later than one year and not later than five years	21,994	-

	24,521	-

	24,521	-

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 September 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 August 2025
	£	£	£	£	£
Mr Mohammed Khan	-	2,732	-	-	2,732
Mr Harry Wigan	-	3,991	-	-	3,991

11. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	14,960	14,000

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