IRIS Accounts Production v26.1.10.61 07845323 Board of Directors Board of Directors 1.12.24 30.11.25 30.11.25 false true false false true false Ordinary 'A' 1.00000 Ordinary 'B' 1.00000 Ordinary 'C' 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 07845323 2024-11-30 07845323 2025-11-30 07845323 2024-12-01 2025-11-30 07845323 2023-11-30 07845323 2023-12-01 2024-11-30 07845323 2024-11-30 07845323 ns15:EnglandWales 2024-12-01 2025-11-30 07845323 ns14:PoundSterling 2024-12-01 2025-11-30 07845323 ns10:Director1 2024-12-01 2025-11-30 07845323 ns10:Director2 2024-12-01 2025-11-30 07845323 ns10:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 07845323 ns10:SmallEntities 2024-12-01 2025-11-30 07845323 ns10:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 07845323 ns10:SmallCompaniesRegimeForDirectorsReport 2024-12-01 2025-11-30 07845323 ns10:SmallCompaniesRegimeForAccounts 2024-12-01 2025-11-30 07845323 ns10:FullAccounts 2024-12-01 2025-11-30 07845323 ns10:OrdinaryShareClass1 2024-12-01 2025-11-30 07845323 ns10:OrdinaryShareClass2 2024-12-01 2025-11-30 07845323 ns10:OrdinaryShareClass3 2024-12-01 2025-11-30 07845323 ns10:Director3 2024-12-01 2025-11-30 07845323 ns10:CompanySecretary1 2024-12-01 2025-11-30 07845323 ns10:RegisteredOffice 2024-12-01 2025-11-30 07845323 ns5:CurrentFinancialInstruments 2025-11-30 07845323 ns5:CurrentFinancialInstruments 2024-11-30 07845323 ns5:Non-currentFinancialInstruments 2025-11-30 07845323 ns5:Non-currentFinancialInstruments 2024-11-30 07845323 ns5:ShareCapital 2025-11-30 07845323 ns5:ShareCapital 2024-11-30 07845323 ns5:RetainedEarningsAccumulatedLosses 2025-11-30 07845323 ns5:RetainedEarningsAccumulatedLosses 2024-11-30 07845323 ns5:PlantMachinery 2024-12-01 2025-11-30 07845323 ns5:PlantMachinery 2024-11-30 07845323 ns5:PlantMachinery 2025-11-30 07845323 ns5:PlantMachinery 2024-11-30 07845323 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-11-30 07845323 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-12-01 2025-11-30 07845323 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-11-30 07845323 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-11-30 07845323 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-11-30 07845323 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-11-30 07845323 ns10:OrdinaryShareClass1 2025-11-30 07845323 ns10:OrdinaryShareClass2 2025-11-30 07845323 ns10:OrdinaryShareClass3 2025-11-30

REGISTERED NUMBER: 07845323 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 November 2025 |

| for |

| Tovey Services Limited |

Tovey Services Limited (Registered number: 07845323)

Contents of the Financial Statements

for the Year Ended 30 November 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

Tovey Services Limited

Company Information

for the Year Ended 30 November 2025

| DIRECTORS: | S Tovey

| D G Tovey

| S D Tovey

| SECRETARY: | S Tovey

| REGISTERED OFFICE: | 21 Gold Tops

| Newport

| South Wales

| NP20 4PG

| REGISTERED NUMBER: | 07845323 (England and Wales)

| ACCOUNTANTS: | Guilfoyle Sage LLP

| 21 Gold Tops

| Newport

| South Wales

| NP20 4PG

Tovey Services Limited (Registered number: 07845323)

Balance Sheet

30 November 2025

| 30.11.25 | 30.11.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 141,417 |  | 92,895 |  |

CURRENT ASSETS

Stocks | 6 | 17,975 |  | 7,750 |  |

Debtors | 7 | 10,054 |  | 13,624 |  |

Cash at bank and in hand | 15,735 |  | 18,231 |  |

43,764 |  | 39,605 |  |

CREDITORS

Amounts falling due within one year | 8 | 216,471 |  | 186,550 |  |

NET CURRENT LIABILITIES | (172,707 | ) | (146,945 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (31,290 | ) | (54,050 | ) |

CREDITORS

Amounts falling due after more than one year | 9 | (29,431 | ) | (8,056 | ) |

PROVISIONS FOR LIABILITIES | (5,827 | ) | (5,827 | ) |

NET LIABILITIES | (66,548 | ) | (67,933 | ) |

CAPITAL AND RESERVES

Called up share capital | 10 | 120 |  | 120 |  |

Retained earnings | (66,668 | ) | (68,053 | ) |

SHAREHOLDERS' FUNDS | (66,548 | ) | (67,933 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Tovey Services Limited (Registered number: 07845323)

Balance Sheet - continued

30 November 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 August 2026 and were signed on its behalf by:

S Tovey - Director

D G Tovey - Director

Tovey Services Limited (Registered number: 07845323)

Notes to the Financial Statements

for the Year Ended 30 November 2025

1. | STATUTORY INFORMATION

| Tovey Services 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. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| The financial statements have been prepared on the going concern basis as the directors believe that the company will be able to obtain sufficient funding to secure the continued financing of the company's activities for the foreseeable future.

| Turnover

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

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 15% on cost and 10% on cost

| Stocks

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

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Tovey Services Limited (Registered number: 07845323)

Notes to the Financial Statements - continued

for the Year Ended 30 November 2025

3. | ACCOUNTING POLICIES - continued

| 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

Tovey Services Limited (Registered number: 07845323)

Notes to the Financial Statements - continued

for the Year Ended 30 November 2025

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 1 December 2024 | 250,108 |  |

| Additions | 111,940 |  |

| Disposals | (55,000 | ) |

| At 30 November 2025 | 307,048 |  |

| DEPRECIATION

| At 1 December 2024 | 157,213 |  |

| Charge for year | 30,418 |  |

| Eliminated on disposal | (22,000 | ) |

| At 30 November 2025 | 165,631 |  |

| NET BOOK VALUE

| At 30 November 2025 | 141,417 |  |

| At 30 November 2024 | 92,895 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST

| At 1 December 2024 | 81,105 |  |

| Additions | 110,500 |  |

| Disposals | (55,000 | ) |

| At 30 November 2025 | 136,605 |  |

| DEPRECIATION

| At 1 December 2024 | 33,748 |  |

| Charge for year | 7,166 |  |

| Eliminated on disposal | (22,000 | ) |

| At 30 November 2025 | 18,914 |  |

| NET BOOK VALUE

| At 30 November 2025 | 117,691 |  |

| At 30 November 2024 | 47,357 |  |

Tovey Services Limited (Registered number: 07845323)

Notes to the Financial Statements - continued

for the Year Ended 30 November 2025

6. | STOCKS

| 30.11.25 |  | 30.11.24

£ | £ |

| Stocks | 1,750 |  | 750 |  |

| Work-in-progress | 16,225 |  | 7,000 |  |

17,975 |  | 7,750 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.11.25 |  | 30.11.24

£ | £ |

| Trade debtors | 10,054 |  | 13,624 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.11.25 |  | 30.11.24

£ | £ |

| Bank loans and overdrafts | 2,886 |  | 3,195 |  |

| Hire purchase contracts | 27,851 |  | 9,587 |  |

| Trade creditors | 2,603 |  | 1,147 |  |

| Taxation and social security | 10,018 |  | 9,863 |  |

| Other creditors | 173,113 |  | 162,758 |  |

216,471 |  | 186,550 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 30.11.25 |  | 30.11.24

£ | £ |

| Bank loans | - |  | 2,846 |  |

| Hire purchase contracts | 29,431 |  | 5,210 |  |

29,431 |  | 8,056 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.11.25 |  | 30.11.24

| value: | £ | £ |

| 80 | Ordinary 'A' | £1 | 80 |  | 80 |  |

| 10 | Ordinary 'B' | £1 | 20 |  | 20 |  |

| 10 | Ordinary 'C' | £1 | 20 |  | 20 |  |

120 |  | 120 |  |

Tovey Services Limited (Registered number: 07845323)

Notes to the Financial Statements - continued

for the Year Ended 30 November 2025

11. | GOING CONCERN

| The directors remain committed to providing finance to the company and therefore believe that it is appropriate to continue to draw up accounts on a going concern basis.