REGISTERED NUMBER: 03491846 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Thetford International Properties

Limited

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

7

DIRECTORS:

Mr J R Ellis

Mrs M Clark

REGISTERED OFFICE:

Rymer Point

Bury Road

Thetford

Norfolk

IP24 2PN

REGISTERED NUMBER:

03491846 (England and Wales)

ACCOUNTANTS:

Knights Lowe Chartered Accountants

Eldo House

Kempson Way

Suffolk Business Park

Bury St Edmunds

Suffolk

IP32 7AR

BANKERS:

Barclays Bank PLC

20/21 Cornhill

Bury St Edmunds

Suffolk

IP33 1DY

FIXED ASSETS

Investment property

4

185,000

185,000

CURRENT ASSETS

Debtors

5

200

117,039

Cash at bank and in hand

3,235

4,292

3,435

121,331

CREDITORS

Amounts falling due within one year

6

340,623

331,478

NET CURRENT LIABILITIES

(337,188

)

(210,147

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(152,188

)

(25,147

)

CREDITORS

Amounts falling due after more than one year

7

-

78,861

NET LIABILITIES

(152,188

)

(104,008

)

CAPITAL AND RESERVES

Called up share capital

9

100

100

Fair value reserve

10

92,995

92,995

Retained earnings

(245,283

)

(197,103

)

SHAREHOLDERS' FUNDS

(152,188

)

(104,008

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

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

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2026 and were signed on its behalf by:

Mr J R Ellis - Director

1.	STATUTORY INFORMATION

Thetford International 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.

Going concern

The financial statements have been prepared on the going concern basis which assumes that the company will continue as a going concern for the foreseeable future. The validity of this assumption depends on the company making positive cash flows in the future. The directors expect to make positive cash flows and accordingly they believe it is appropriate to prepare the financial statements on a going concern basis.

Turnover

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

The total turnover for the year has been derived from the principal activity and comprises rent receivable.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Debt instruments, like loans and other accounts receivable and payable, are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payment discounted at a market rate of interest for a similar debt instrument.

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

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.

Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Impairment review

At each reporting date fixed assets, including tangible fixed assets and investments but excluding investment properties, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

185,000

NET BOOK VALUE

At 31 December 2025

185,000

At 31 December 2024

185,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2024

92,996

Cost

92,004

185,000

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

2025

2024

£

£

Cost

92,004

92,004

Investment property was valued on an open market basis on 31 December 2025 by the directors .

There would be no tax liability if the investment property was sold at the revalued amount.

5.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Other debtors

200

847

Amounts falling due after more than one year:

Other debtors

-

116,192

Aggregate amounts

200

117,039

Other debtors falling due after more than one year comprises an amount due from a connected company.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

2,468

3,914

Other creditors

338,155

327,564

340,623

331,478

Other creditors includes amounts due to connected companies.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

-

78,861

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Mortgages

78,861

78,861

The mortgages are secured on the underlying properties.

The company has also provided it's bankers with a floating charge over property assets rights and revenues present and future or any of them.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

92,995

11.	ULTIMATE CONTROLLING PARTY

Thetford International Limited is the company's ultimate parent company.

Thetford International Limited's registered office and principal place of business is:

Rymer Point, Bury Road, Thetford, Norfolk IP24 2PN.