REGISTERED NUMBER: 04763044 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

TCONSULT LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K V Pitkin

S B Lipo

S Darmanin

SECRETARY:

S B Lipo

REGISTERED OFFICE:

30 Mill Lane

Yateley

Hampshire

GU46 7TN

REGISTERED NUMBER:

04763044 (England and Wales)

ACCOUNTANTS:

WITNEY & CO LTD

Registered Office

167-169 Great Portland Street

5th Floor

London

W1W 5PF

FIXED ASSETS

Intangible assets

4

950,000

950,000

Tangible assets

5

19,249

23,249

969,249

973,249

CURRENT ASSETS

Debtors

21,627

9,774

Cash at bank

149,276

184,026

170,903

193,800

CREDITORS

Amounts falling due within one year

55,906

42,868

NET CURRENT ASSETS

114,997

150,932

TOTAL ASSETS LESS CURRENT LIABILITIES

1,084,246

1,124,181

CAPITAL AND RESERVES

Called up share capital

4,310

4,310

Revaluation reserve

6

950,000

950,000

Retained earnings

6

129,936

169,871

SHAREHOLDERS' FUNDS

1,084,246

1,124,181

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 7 August 2026 and were signed on its behalf by:

Mrs K V Pitkin - Director

S B Lipo - Director

1.	STATUTORY INFORMATION

TCONSULT LTD 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 as modified by the revaluation of certain assets.

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.

Development costs 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.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

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

Totals

£

COST OR VALUATION

At 1 April 2025

and 31 March 2026

950,000

NET BOOK VALUE

At 31 March 2026

950,000

At 31 March 2025

950,000

Cost or valuation at 31 March 2026 is represented by:

Totals

£

Valuation in 2023

950,000

The company has developed a tax compliance toolkit which has been valued at the price it was originally sold for in the March 2022 accounts for before being returned to the company

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

193,290

Additions

2,415

At 31 March 2026

195,705

DEPRECIATION

At 1 April 2025

170,041

Charge for year

6,415

At 31 March 2026

176,456

NET BOOK VALUE

At 31 March 2026

19,249

At 31 March 2025

23,249

6.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 April 2025

169,871

950,000

1,119,871

Profit for the year

49,723

49,723

Dividends

(53,658

)

(53,658

)

EOT distributions

(36,000

)

-

(36,000

)

At 31 March 2026

129,936

950,000

1,079,936

7.	OTHER FINANCIAL COMMITMENTS

TConsult Limited owns 100% of the shares of TConsult EOT Limited to which 232,700 ordinary shares were sold to on 17 January 2024 for £712,677.49 by Mr Ross and Mrs Kathryn McGill

Mr Ross and Mrs Kathryn McGill have a fixed and floating charge over all property of the company for the deferred consideration of the above share sale. At 31 March 2026 this amounted to £564,677.49 (2025 - £600,677.49)

8.	RELATED PARTY DISCLOSURES

The controlling party is TConsult EOT Limited of whom Directors are R McGill & K Pitkin.

The ultimate controlling party is TConsult EOT Limited of whom Directors are R McGill & K Pitkin.