ACCOUNTS - Final Accounts preparation

Commitments under operating leases

At 30 September 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Company registration number: 07864663

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 SEPTEMBER 2025

	TSA SERVICE LIMITED


TSA SERVICE LIMITED

COMPANY INFORMATION

Directors	J P Dyson
	D M Michelson


Registered number	07864663


Registered office	Hub 26 Suite 230 Scandinavia Mills
	Hunsworth Lane
	Cleckheaton
	West Yorkshire
	BD19 4LN


Accountants	Menzies LLP
	Chartered Accountants
	Richmond House
	Walkern Road
	Stevenage
	Hertfordshire
	SG1 3QP


TSA SERVICE LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


TSA SERVICE LIMITED REGISTERED NUMBER:07864663

STATEMENT OF FINANCIAL POSITION

AS AT 30 SEPTEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		29,357		42,863
			29,357		42,863
Current assets
Debtors: amounts falling due after more than one year	5	870,700		148,647
Debtors: amounts falling due within one year	5	106,711		367,900
Cash at bank and in hand		2,477		3,852
		979,888		520,399
Creditors: amounts falling due within one year	6	(562,596)		(206,305)
Net current assets			417,292		314,094
Total assets less current liabilities			446,649		356,957

Net assets			446,649		356,957

Capital and reserves
Called up share capital	10	10
Profit and loss account	446,639	356,947
	446,649	356,957

Page 1


TSA SERVICE LIMITED REGISTERED NUMBER:07864663

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 SEPTEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

J P Dyson

Director

Date: 11 June 2026

The notes on pages 3 to 7 form part of these financial statements.

Page 2


TSA SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1.	General information

TSA Service Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 3


TSA SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.3

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income 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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Motor vehicles	-	25-33%
				Office equipment	-	33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4


TSA SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

2.Accounting policies (continued)

2.5

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.

Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.

Increases in provisions are generally charged as an expense to profit or loss.

Employees

The average monthly number of employees, including directors, during the year was 13 (2024 - 13).

4.	Tangible fixed assets

	Motor vehicles	Office equipment	Total
	£	£	£
Cost or valuation
At 1 October 2024	47,068	15,005	62,073
Additions	-	738	738
At 30 September 2025	47,068	15,743	62,811
Depreciation
At 1 October 2024	6,527	12,683	19,210
Charge for the year on owned assets	12,249	1,995	14,244
At 30 September 2025	18,776	14,678	33,454
Net book value
At 30 September 2025	28,292	1,065	29,357
At 30 September 2024	40,541	2,322	42,863

Page 5


TSA SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

5.	Debtors
		2025	2024
		£	£

Due after more than one year
Amounts owed by group undertakings	870,700	148,647
	870,700	148,647

					2025	2024
					£	£

Due within one year
Trade debtors	5,845	187,162
Amounts owed by group undertakings	-	144,019
Other debtors	385	1,285
Prepayments and accrued income	18,952	22,569
Deferred taxation	81,529	12,865
	106,711	367,900

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	62,080	83,847
Amounts owed to group undertakings	370,486	-
Other taxation and social security	64,839	56,814
Other creditors	58,087	61,590
Accruals and deferred income	7,104	4,054
	562,596	206,305

Not later than 1 year	35,805	27,256
Later than 1 year and not later than 5 years	27,521	-
	63,326	27,256

Page 6


TSA SERVICE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

8.	Controlling party

TSA Service Limited is a wholly owned subsidiary of On Board Leisure Limited, a company registered and incorporated in the Isle of Man. The ultimate parent company and controlling party is Safe Harbour Group Limited, a company registered and incorporated in England and Wales.

Page 7