Taber Holdings Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11872803

Taber Holdings Limited

Unaudited financial statements

30 November 2025

Taber Holdings Limited

Statement of financial position

30 November 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5	1,300,000	1,300,000
Investments	6	200	200
		-----------	-----------
		1,300,200	1,300,200

Current assets

Debtors	7	319,390	170,278
Cash at bank and in hand		5,791	68,834
		---------	---------
		325,181	239,112

Creditors: Amounts falling due within one year	8	( 27,147)		( 20,248)
		---------		---------
Net current assets			298,034		218,864
			-----------		-----------
Total assets less current liabilities			1,598,234		1,519,064

Creditors: Amounts falling due after more than one year	9		( 276,049)		( 303,857)

Provisions

Taxation including deferred tax	( 100,636)	( 100,636)
	-----------	-----------
Net assets	1,221,549	1,114,571
	-----------	-----------

Capital and reserves

Called up share capital	300	300
Revaluation reserve	429,027	429,027
Profit and loss account	792,222	685,244
	-----------	-----------
Shareholders funds	1,221,549	1,114,571
	-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Taber Holdings Limited

Statement of financial position (continued)

30 November 2025

These financial statements were approved by the board of directors and authorised for issue on 5 May 2026 , and are signed on behalf of the board by:

A C Taber

Director

Company registration number: 11872803

Taber Holdings Limited

Notes to the financial statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Poplar Farm Common Road, North Lopham, Diss, Norfolk, IP22 2HP.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Judgements and key sources of estimation uncertainty

In applying the Company’s accounting policies for investment properties carried at fair value, the directors advised that they believe the property market value to be £1,300,000 as at 30 November 2024. The directors have determined that no further revaluation was required during the period to 30 November 2025. See the tangible assets note for more information.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rental income, stated net of discounts and of Value Added Tax. Rental income is recognised on an accruals basis in line with lease terms and arises solely in the UK.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that 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 that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. The investment properties were collectively valued at £1,300,000 on 30 November 2024. The directors are of the opinion that the current market value is not materially different to this value. In forming this opinion, the directors considered: - the nature and location of the property; - the behaviour of relevant market indicators for comparable assets; - internal reviews of property condition; and - the absence of significant market or asset-specific factors that would suggest a material change in fair value.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at transaction price where there are no stated interest or repayment terms, otherwise they are measured at amortised cost. Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

4. Employee numbers

The average number of employees during the year was 2 (2024: 2 ).

5. Tangible assets

	Investment property
	£
Cost
At 1 December 2024 and 30 November 2025	1,300,000
	-----------
Depreciation
At 1 December 2024 and 30 November 2025	–
	-----------
Carrying amount
At 30 November 2025	1,300,000
	-----------
At 30 November 2024	1,300,000
	-----------

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Investment property
	£
At 30 November 2025
Aggregate cost	770,337
Aggregate depreciation	–
	---------
Carrying value	770,337
	---------

At 30 November 2024
Aggregate cost	770,337
Aggregate depreciation	–
	---------
Carrying value	770,337
	---------

6. Investments

	Shares in group undertakings
	£
Cost
At 1 December 2024 and 30 November 2025	200
	----
Impairment
At 1 December 2024 and 30 November 2025	–
	----

Carrying amount
At 30 November 2025	200
	----
At 30 November 2024	200
	----

7. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings	315,540	166,028
Other debtors	3,850	4,250
	---------	---------
	319,390	170,278
	---------	---------

8. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	20,640	12,480
Trade creditors	1,020	–
Social security and other taxes	3,699	3,135
Other creditors	1,788	4,633
	-------	-------
	27,147	20,248
	-------	-------

Included in creditors is a bank loan of £20,640 (2024: £12,480) which is secured by charges over assets held in the company.

9. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	276,049	303,857
	---------	---------

Included in creditors are bank loans of £276,049 (2024: £303,857) which are secured by charges over assets held in the company.

The amounts due for payment after more than five years are £83,237 and £110,252, the loans are payable by monthly instalments with a maturity date of September 2034 and February 2036 respectively, both with an interest rate of base rate plus 3.30% per annum.

10. Contingencies

An unlimited cross guarantee has been given by this company, Lopham Vehicle Services Limited and L.R. Wyard-Scott Limited. The potential liability amounts to £441,496.

11. Related party transactions

At the reporting date, the Company had an outstanding loan balance of £315,540 due from a related party by virtue of common control. The loan is interest-free, unsecured, and repayable on demand.