REGISTERED NUMBER: 03552780 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2026

FOR

TBS BOATS PENTON HOOK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTOR:

C P Manners

SECRETARY:

Mrs D J Manners

REGISTERED OFFICE:

Penton Hook Marina

Staines Road

Chertsey

Surrey

KT16 8PY

REGISTERED NUMBER:

03552780 (England and Wales)

ACCOUNTANTS:

ESW Chartered Accountants

162-164 High Street

Rayleigh

Essex

SS6 7BS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

97,406

140,639

Investment property

6

1

1

97,407

140,640

CURRENT ASSETS

Stocks

1,233,336

3,056,213

Debtors

7

224,635

200,468

Cash at bank and in hand

1,289,475

1,239,532

2,747,446

4,496,213

CREDITORS

Amounts falling due within one year

8

(777,993

)

(2,505,322

)

NET CURRENT ASSETS

1,969,453

1,990,891

TOTAL ASSETS LESS CURRENT LIABILITIES

2,066,860

2,131,531

CREDITORS

Amounts falling due after more than one year

9

(109

)

-

PROVISIONS FOR LIABILITIES

(18,507

)

(35,160

)

NET ASSETS

2,048,244

2,096,371

CAPITAL AND RESERVES

Called up share capital

2,500

2,500

Capital redemption reserve

2,500

2,500

Retained earnings

2,043,244

2,091,371

2,048,244

2,096,371

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13th July 2026 and were signed by:

C P Manners - Director

1.	STATUTORY INFORMATION

TBS Boats Penton Hook 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

20% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st May 2025

and 30th April 2026

25,000

AMORTISATION

At 1st May 2025

and 30th April 2026

25,000

NET BOOK VALUE

At 30th April 2026

-

At 30th April 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st May 2025

279,431

Additions

39,569

Disposals

(112,677

)

At 30th April 2026

206,323

DEPRECIATION

At 1st May 2025

138,792

Charge for year

37,924

Eliminated on disposal

(67,799

)

At 30th April 2026

108,917

NET BOOK VALUE

At 30th April 2026

97,406

At 30th April 2025

140,639

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st May 2025

and 30th April 2026

5,173

DEPRECIATION

At 1st May 2025

and 30th April 2026

5,172

NET BOOK VALUE

At 30th April 2026

1

At 30th April 2025

1

7.

DEBTORS

2026

2025

£

£

Amounts falling due within one year:

Trade debtors

45,882

80,358

Other debtors

70,953

106,860

116,835

187,218

Amounts falling due after more than one year:

Amounts owed by associates

107,800

13,250

Aggregate amounts

224,635

200,468

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

11,231

-

Trade creditors

33,121

109,922

Taxation and social security

106,239

131,951

Other creditors

627,402

2,263,449

777,993

2,505,322

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Amounts owed to associates

109

-

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TBS Boats Penton Hook Limited for the year ended 30th April 2026 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of TBS Boats Penton Hook Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of TBS Boats Penton Hook Limited and state those matters that we have agreed to state to the director of TBS Boats Penton Hook Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TBS Boats Penton Hook Limited and its director for our work or for this report.

It is your duty to ensure that TBS Boats Penton Hook Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of TBS Boats Penton Hook Limited. You consider that TBS Boats Penton Hook Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of TBS Boats Penton Hook Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

ESW Chartered Accountants

162-164 High Street

Rayleigh

Essex

SS6 7BS

13th July 2026