Tessa the Saddler Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 13725789

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,175		9,568

			7,175		9,568
CURRENT ASSETS
Stocks	5	49,364		55,325
Debtors	6	2,969		908
Cash at bank and in hand		13,769		16,302

		66,102		72,535
Creditors: Amounts Falling Due Within One Year	7	(53,652 )		(58,306 )

NET CURRENT ASSETS (LIABILITIES)			12,450		14,229

TOTAL ASSETS LESS CURRENT LIABILITIES			19,625		23,797

Creditors: Amounts Falling Due After More Than One Year	8		-		(2,383 )

NET ASSETS			19,625		21,414

CAPITAL AND RESERVES
Called up share capital	10		110		110
Profit and Loss Account			19,515		21,304

SHAREHOLDERS' FUNDS			19,625		21,414

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Tessa the Saddler Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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

Mrs T L Hopcroft Director	Mr L J Hopcroft Director
10 June 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Tessa the Saddler Limited is a private company, limited by shares, incorporated in England & Wales, registered number 13725789 . The registered office is Yew Tree House, Lewes Road, Forest Row, East Sussex, RH18 5AA.

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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

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:

Plant & Machinery	25% reducing balance
Motor Vehicles	25% reducing balance
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 profit and loss account as incurred.

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Tessa the Saddler Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.5. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

2.6. Taxation

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

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.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income, in which case, the current tax is also recognised in other comprehensive income.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2025	5,240	21,103	441	26,784

As at 31 March 2026	5,240	21,103	441	26,784

Depreciation
As at 1 April 2025	3,462	13,313	441	17,216
Provided during the period	445	1,948	-	2,393

As at 31 March 2026	3,907	15,261	441	19,609

Net Book Value
As at 31 March 2026	1,333	5,842	-	7,175

As at 1 April 2025	1,778	7,790	-	9,568

5. Stocks

	2026	2025
	£	£
Stock	49,364	55,325

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Tessa the Saddler Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	2,969	908

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	2,383	4,085
Trade creditors	17,050	17,006
Other creditors	24,876	25,243
Taxation and social security	9,343	11,972

	53,652	58,306

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

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	-	2,383

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	2,383	4,085
Later than one year and not later than five years	-	2,383

	2,383	6,468

	2,383	6,468

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	110	110

11. Directors Advances, Credits and Guarantees

Included in other creditors due within one year is a loan from the directors, Mrs T Hopcroft and Mr L Hopcroft amounting to £17,002 (2025: £16,925).

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Tessa the Saddler Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

12. Controlling Party

The company was controlled throughout the period by its directors, Mrs T Hopcroft and Mr L Hopcroft , by

virtue of the fact that between them they own the majority of the company’s ordinary issued share capital.

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