REGISTERED NUMBER: 02081994 (England and Wales)

TALISMAN HOMES (WEST) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S J Wallbridge

D G Wallbridge

Miss R E Wallbridge

REGISTERED OFFICE:

Highland House

Mayflower Close

Chandlers Ford

Eastleigh

Hampshire

SO53 4AR

REGISTERED NUMBER:

02081994 (England and Wales)

FIXED ASSETS

Tangible assets

4

51,814

71,032

Investment property

5

42,500

35,000

94,314

106,032

CURRENT ASSETS

Stocks

37,476

41,751

Debtors

6

100,000

101,440

Cash at bank and in hand

250,621

350,277

388,097

493,468

CREDITORS

Amounts falling due within one year

7

(374,201

)

(384,571

)

NET CURRENT ASSETS

13,896

108,897

TOTAL ASSETS LESS CURRENT LIABILITIES

108,210

214,929

CREDITORS

Amounts falling due after more than one year

8

(41,095

)

(58,703

)

PROVISIONS FOR LIABILITIES

(6,828

)

(12,039

)

NET ASSETS

60,287

144,187

CAPITAL AND RESERVES

Called up share capital

200

200

Share premium

149,900

149,900

Non-distributable reserve

(90,555

)

(89,789

)

Retained earnings

742

83,876

SHAREHOLDERS' FUNDS

60,287

144,187

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

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

S J Wallbridge - Director

1.	STATUTORY INFORMATION

Talisman Homes (West) 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

Turnover is the amount derived from ordinary activities net of value added tax.

Tangible fixed assets

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

Plant and machinery

-

Straight line over 4 years

Fixtures and fittings

-

Straight line over 4 years

Motor vehicles

-

25% Reducing balance

Computer equipment

-

Straight line over 3 years

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.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2025

2,785

685

77,625

7,102

88,197

Additions

-

229

-

1,947

2,176

At 30 April 2026

2,785

914

77,625

9,049

90,373

DEPRECIATION

At 1 May 2025

1,508

685

9,703

5,269

17,165

Charge for year

696

53

19,406

1,239

21,394

At 30 April 2026

2,204

738

29,109

6,508

38,559

NET BOOK VALUE

At 30 April 2026

581

176

48,516

2,541

51,814

At 30 April 2025

1,277

-

67,922

1,833

71,032

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 May 2025

35,000

Revaluations

(188

)

Reclassification/transfer

7,688

At 30 April 2026

42,500

NET BOOK VALUE

At 30 April 2026

42,500

At 30 April 2025

35,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

100,000

101,440

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

5,679

5,540

Hire purchase contracts

11,946

11,946

Taxation and social security

585

-

Other creditors

355,991

367,085

374,201

384,571

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

18,284

23,946

Hire purchase contracts

22,811

34,757

41,095

58,703

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years

by instalments

-

350

-

350

9.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

34,757

46,703

Hire purchase liabilities are secured on the assets to which they relate.