Tacon & Horwood Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 00465697

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		889		1,115
Investment Properties	5		640,000		650,000
Investments	6		425,191		330,687

			1,066,080		981,802
CURRENT ASSETS
Debtors	7	2,182		2,182
Cash at bank and in hand		37,288		47,391

		39,470		49,573
Creditors: Amounts Falling Due Within One Year	8	(13,216 )		(13,756 )

NET CURRENT ASSETS (LIABILITIES)			26,254		35,817

TOTAL ASSETS LESS CURRENT LIABILITIES			1,092,334		1,017,619

Creditors: Amounts Falling Due After More Than One Year	9		(72,706 )		(82,738 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	10		(71,624 )		(41,266 )

NET ASSETS			948,004		893,615

CAPITAL AND RESERVES
Called up share capital	11		3,100		3,100
Profit and Loss Account			944,904		890,515

SHAREHOLDERS' FUNDS			948,004		893,615

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Tacon & Horwood Limited

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 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

Mr Anthony Horwood

Director

31/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Tacon & Horwood Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00465697 . The registered office is Unit 11 Diddenham Court, Grazeley, Reading, Berkshire, RG7 1JQ.

2. Accounting Policies

2.1. Basis of Preparation of 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 as modified by the revaluation of certain assets.

2.2. Tangible Fixed Assets and Depreciation

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

Plant & Machinery	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	20% on cost

2.3. Investment Properties

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.

2.4. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 2)

4. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost or Valuation
As at 1 November 2024	454	1,147	1,549	3,150

As at 31 October 2025	454	1,147	1,549	3,150

Depreciation
As at 1 November 2024	128	1,147	760	2,035
Provided during the period	81	-	145	226

As at 31 October 2025	209	1,147	905	2,261

Net Book Value
As at 31 October 2025	245	-	644	889

As at 1 November 2024	326	-	789	1,115

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Tacon & Horwood Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

5. Investment Property

	2025
	£
Fair Value
As at 1 November 2024	650,000
Revaluations	(10,000)

As at 31 October 2025	640,000

6. Investments

	Listed
	£
Cost
As at 1 November 2024	330,687
Additions	18,284
Disposals	(6,000 )
Revaluations	82,220

As at 31 October 2025	425,191

Provision
As at 1 November 2024	-

As at 31 October 2025	-

Net Book Value
As at 31 October 2025	425,191

As at 1 November 2024	330,687

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	2,182	2,182

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other creditors	9,850	9,536
Taxation and social security	3,366	4,220

	13,216	13,756

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

	2025	2024
	£	£
Other loans	72,706	82,738

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Tacon & Horwood Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

10. Deferred Taxation

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.

	2025	2024
	£	£
Other timing differences	71,624	41,266

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	3,100	3,100

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