Registration number: 02298384

Thames Vale Properties Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 6

Thames Vale Properties Limited

(Registration number: 02298384)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	2,386	1,862
Investment property	5	5,345,000	5,265,000
		5,347,386	5,266,862
Current assets
Debtors	6	14,721	15,228
Cash at bank and in hand		702,150	713,140
		716,871	728,368
Creditors: Amounts falling due within one year	7	(50,405)	(59,565)
Net current assets		666,466	668,803
Total assets less current liabilities		6,013,852	5,935,665
Provisions for liabilities		(321,182)	(301,182)
Net assets		5,692,670	5,634,483
Capital and reserves
Called up share capital		155,000	155,000
Other reserves		1,715,448	1,655,448
Retained earnings		3,822,222	3,824,035
Shareholders' funds		5,692,670	5,634,483

Thames Vale Properties Limited

(Registration number: 02298384)
Balance Sheet as at 31 December 2025

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

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 6 May 2026
 

......................................... Mr BP Eighteen Director

Thames Vale Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Chestnuts
Tydehams
Newbury
Berkshire
RG14 6JT
United Kingdom

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

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

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

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 taxable income.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Where deferred tax arises on fair value adjustments the appropriate amount of deferred tax is also moved to non distributable reserves.

Thames Vale Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	25% on cost
Computer equipment	25% on cost

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually and uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset.

Changes in fair value are recognised in profit or loss, but the equivalent value is also moved to non distributable reserves on the balance sheet.

Deferred taxation is provided, on these gains in value, at the tax rate expected to apply when these properties are sold. This deferred tax is recognised in the profit and loss account, but the equivalent value is also moved to non distributable reserves on the balance sheet.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Thames Vale Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Fixtures and fittings £	Office equipment £	Total £
Cost or valuation
At 1 January 2025	36,077	3,429	39,506
Additions	634	667	1,301
At 31 December 2025	36,711	4,096	40,807
Depreciation
At 1 January 2025	35,719	1,925	37,644
Charge for the year	192	585	777
At 31 December 2025	35,911	2,510	38,421
Carrying amount
At 31 December 2025	800	1,586	2,386
At 31 December 2024	1,504	358	1,862

5	Investment properties

	2025 £
At 1 January	5,265,000
Fair value adjustments	80,000
At 31 December	5,345,000

The Directors have considered the market value of the Investment Properties by reference to the market values of similar properties in the same area and same condition and the property valuation is based on a review of the portfolio as at 31st December by the Directors. An independent property valuation, by an appropriately qualified valuer, has not been carried out at 31st December 2025.

Thames Vale Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	-	3,506
Prepayments	10,691	9,432
Other debtors	4,030	2,290
	14,721	15,228

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Trade creditors		7,378	8,707
Amounts owed to related parties	8	1,400	848
Taxation and social security		27,342	28,831
Other creditors		14,285	21,179
		50,405	59,565