TTG Baron Properties Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03209399 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

TTG Baron Properties Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

M L F Brown

Mrs F J M Brown

SECRETARY:

Mrs F J M Brown

REGISTERED OFFICE:

Appletree Barns

Folly Lane

Copdock

Ipswich

Suffolk

IP8 3JQ

REGISTERED NUMBER:

03209399 (England and Wales)

ACCOUNTANTS:

Knights Lowe Ltd

Chartered Accountants

Crane Court

302 London Road

Ipswich

Suffolk

IP2 0AJ

FIXED ASSETS

Tangible assets

4

21,254

5,237

Investment property

5

1,506,528

1,527,782

1,511,765

CURRENT ASSETS

Debtors

6

67,900

52,874

Cash at bank

8,185

32,900

76,085

85,774

CREDITORS

Amounts falling due within one year

7

132,518

96,956

NET CURRENT LIABILITIES

(56,433

)

(11,182

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,471,349

1,500,583

PROVISIONS FOR LIABILITIES

4,846

1,227

NET ASSETS

1,466,503

1,499,356

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

1,466,403

1,499,256

SHAREHOLDERS' FUNDS

1,466,503

1,499,356

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.

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 25 August 2026 and were signed on its behalf by:

Mrs F J M Brown - Director

M L F Brown - Director

1.	STATUTORY INFORMATION

TTG Baron Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the amount derived from ordinary activities, and stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets

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

Plant and machinery

-

25% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

3 years straight line

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

COST

At 1 April 2025

58,657

-

333

58,990

Additions

-

21,575

2,048

23,623

Disposals

(15,250

)

-

(15,250

)

At 31 March 2026

43,407

21,575

2,381

67,363

DEPRECIATION

At 1 April 2025

53,531

-

222

53,753

Charge for year

3,303

3,596

395

7,294

Eliminated on disposal

(14,938

)

-

(14,938

)

At 31 March 2026

41,896

3,596

617

46,109

NET BOOK VALUE

At 31 March 2026

1,511

17,979

1,764

21,254

At 31 March 2025

5,126

-

111

5,237

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

2,146,428

DEPRECIATION

At 1 April 2025

and 31 March 2026

639,900

NET BOOK VALUE

At 31 March 2026

1,506,528

At 31 March 2025

1,506,528

Fair value at 31 March 2026 is represented by:

£

Valuation in 2006

624,782

Cost

1,521,646

2,146,428

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

Cost

1,521,647

Investment property was valued on an open market basis on 11 January 2006 by George Palos .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

26,711

19,541

Other debtors

41,189

33,333

67,900

52,874

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

19,564

1,232

Taxation and social security

5,295

32,948

Other creditors

107,659

62,776

132,518

96,956

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

£1

100