Town London Ltd

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

Registered number: 14413664

		31 December 2025		31 October 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		6,309		-
Tangible Assets	5		3,668,163		1,148,959

			3,674,472		1,148,959
CURRENT ASSETS
Stocks	6	87,540		18,919
Debtors	7	433,190		27,272
Cash at bank and in hand		158,052		127,393

		678,782		173,584
Creditors: Amounts Falling Due Within One Year	8	(1,084,861 )		(268,904 )

NET CURRENT ASSETS (LIABILITIES)			(406,079 )		(95,320 )

TOTAL ASSETS LESS CURRENT LIABILITIES			3,268,393		1,053,639

Creditors: Amounts Falling Due After More Than One Year	9		(963,530 )		-

NET ASSETS			2,304,863		1,053,639

CAPITAL AND RESERVES
Called up share capital	10		134		134
Share premium account			3,180,896		1,803,896
Profit and Loss Account			(876,167 )		(750,391 )

SHAREHOLDERS' FUNDS			2,304,863		1,053,639

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Town London Ltd

Balance Sheet (continued)

As At 31 December 2025

For the period ending 31 December 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 Richard Weakley

Director

05/08/2026

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

1. General Information

Town London Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14413664 . The registered office is Grange Cottage, Grange Lane, London, SE21 7LH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Research and Development

In the research phase of an internal project it is not possible to demonstrate that the project will generate future economic benefits and hence all expenditure on research is recognised as an expense when it is incurred. Intangible assets are recognised from the development phase of a project if and only if certain specific criteria are met in order to demonstrate the asset will generate probable future economic benefits and that its cost can be reliably measured. The capitalised development costs are subsequently amortised to ... on a straight line basis over their expected useful economic lives, which range from ... to ... years.

If it is not possible to distinguish between the research phase and the development phase of an internal project the expenditure is treated as if it were all incurred in the research phase only.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	5%
Plant & Machinery	20%
Fixtures & Fittings	20%
Computer Equipment	25%

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 48 (2024: 2)

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Town London Ltd

Notes to the Financial Statements (continued)

For the Period 1 November 2024 to 31 December 2025

4. Intangible Assets

	Development Costs
	£
Cost
As at 1 November 2024	-
Additions	6,309

As at 31 December 2025	6,309

Net Book Value
As at 31 December 2025	6,309

As at 1 November 2024	-

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 November 2024	886,758	119,824	160,294	550	1,167,426
Additions	1,630,709	409,076	468,060	11,359	2,519,204

As at 31 December 2025	2,517,467	528,900	628,354	11,909	3,686,630

Depreciation
As at 1 November 2024	3,944	-	14,374	149	18,467

As at 31 December 2025	3,944	-	14,374	149	18,467

Net Book Value
As at 31 December 2025	2,513,523	528,900	613,980	11,760	3,668,163

As at 1 November 2024	882,814	119,824	145,920	401	1,148,959

6. Stocks

	31 December 2025	31 October 2024
	£	£
Stock	87,540	18,919

7. Debtors

	31 December 2025	31 October 2024
	£	£
Due within one year
Trade debtors	215,218	-
Other debtors	217,972	27,272

	433,190	27,272

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Town London Ltd

Notes to the Financial Statements (continued)

For the Period 1 November 2024 to 31 December 2025

8. Creditors: Amounts Falling Due Within One Year

	31 December 2025	31 October 2024
	£	£
Trade creditors	972,007	271,258
Other creditors	111,559	(3,649)
Taxation and social security	1,295	1,295

	1,084,861	268,904

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

	31 December 2025	31 October 2024
	£	£
Other loans	724,587	-
Taxation and social security	238,943	-

	963,530	-

10. Share Capital

	31 December 2025	31 October 2024
	£	£
Allotted, Called up and fully paid	134	134

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