ACCOUNTS - Final Accounts preparation

Unaudited Financial Statements

Tearmann Care Property Limited

For the period ended 31 October 2025

Registered number: 16198772


Tearmann Care Property Limited

Company Information

Directors	Scott Benjamin Bennett (appointed 22 December 2025)
	Peter James Burnside (appointed 21 January 2025)
	Joseph Conor Gillen (appointed 21 January 2025)
	Brendan Martin Kerr (appointed 21 January 2025)
	Michael Patrick McCallan (appointed 21 January 2025)


Company secretary	Rhona Sittlington


Registered number	16198772


Registered office	Ferry Works
	Summer Road
	Thames Ditton
	Surrey
	England
	KT7 0QJ


Tearmann Care Property Limited

Contents

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 7


Tearmann Care Property Limited Registered number:16198772

Statement of financial position

As at 31 October 2025

		2025
Note		£

Fixed assets
Investment property	5		426,386
			426,386
Current assets
Debtors: amounts falling due within one year	6	8,980
		8,980
Creditors: amounts falling due within one year	7	(255,774)
Net current (liabilities)/assets			(246,794)
Total assets less current liabilities			179,592
Creditors: amounts falling due after more than one year	8		(178,152)

Net assets			1,440

Capital and reserves
Called up share capital	10	100
Profit and loss account	11	1,340
		1,440

Page 1


Tearmann Care Property Limited Registered number:16198772

Statement of financial position (continued)

As at 31 October 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 period 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 comprehensive income 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 on 30 July 2026.

Scott Benjamin Bennett

Director

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

Page 2


Tearmann Care Property Limited

Notes to the financial statements

For the period ended 31 October 2025

1.	General information

Tearmann Care Property Limited is a private company limited by shares and incorporated in England and Wales. The registered office address is Ferry Works, Summer Road, Thames Ditton, Surrey, England, KT7 0QJ.
The principal activity of the Company is the letting of investment property.

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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies (see note 3).

The financial statements are presented in Sterling (£).

The following principal accounting policies have been applied:

2.2

Going concern

The directors have assessed that there are adequate resources to meet the ongoing costs of the business for a minimum of 12 months from the date of signing the financial statements. For this reason the financial statements have been prepared on a going concern basis which presumes the realisation of assets and liabilities in the normal course of business.

2.3

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


Tearmann Care Property Limited

Notes to the financial statements

For the period ended 31 October 2025

2.Accounting policies (continued)

2.4

Operating leases: the Company as lessor

Rental income from operating leases is credited to profit or loss on a straight-line basis over the lease term.

Amounts paid and payable as an incentive to sign an operating lease are recognised as a reduction to income over the lease term on a straight-line basis, unless another systematic basis is representative of the time pattern over which the lessor's benefit from the leased asset is diminished.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

2.7

Taxation

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.

2.8

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

Page 4


Tearmann Care Property Limited

Notes to the financial statements

For the period ended 31 October 2025

2.Accounting policies (continued)

2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	Judgements in applying accounting policies and key sources of estimation uncertainty

Estimates and judgements are required when applying accounting policies. These are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
The company makes estimates and assumptions concerning the future, which can involve a high degree of judgement or complexity. The resulting accounting estimates will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are addressed below:
a) Market value of investment properties
Estimates are made in respect of the market value of investment properties. When assessing the market value of these assets, factors including current rent receivable and available data on current market yields and activity are considered.

4.	Employees
	The Company has no employees other than the directors, who did not receive any remuneration.

Page 5


Tearmann Care Property Limited

Notes to the financial statements

For the period ended 31 October 2025

5.	Investment property

		Freehold investment property
		£
	Valuation
	Additions at cost	426,386
	At 31 October 2025	426,386

The investment property was acquired during the period and is carried at cost. No fair value valuation was undertaken in the current period.

Debtors

					2025
					£


	Amounts owed by group undertakings	100
	Other debtors	8,880
		8,980

7.	Creditors: Amounts falling due within one year
		2025
		£

	Bank loans	16,857
	Amounts owed to group undertakings	238,917
		255,774

8.	Creditors: Amounts falling due after more than one year
		2025
		£

	Bank loans	178,152
		178,152

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Tearmann Care Property Limited

Notes to the financial statements

For the period ended 31 October 2025

9.	Loans
	Analysis of the maturity of loans is given below:
		2025
		£

	Amounts falling due within one year
	Bank loans	16,857
		16,857
	Amounts falling due >1 year
	Bank loans	178,152
		178,152


		195,009

The bank loan is secured by a personal guarantee from one of the directors. The loan is repayable monthly over 15 years and is subject to interest at 4.75% above base rate.

10.	Share capital
		2025
		£

		Allotted, called up and fully paid

		100 Ordinary shares of £1.00 each	100

On incorporation, the Company issued 100 Ordinary shares with a nominal value of £1.00 each.

11.

Reserves

Profit and loss account

This includes all current period retained profits.

12.	Related party transactions
	The company has availed of the exemption under FRS102 section 33 which does not require disclosure of transactions entered into between any subsidiary undertaking which is wholly owned by a member of that group.

13.	Controlling party

The immediate parent undertaking is Tearmann Care Holdings Limited, a company incorporated in England and Wales. The Company is ultimately controlled by its directors.

Page 7