TEES VALLEY VENTURES LIMITED Filleted Accounts Cover |
Company No. 05612759 | |||||||||
TEES VALLEY VENTURES LIMITED Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 December 2025. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
T. Cartner | |||||||||
R.J. Wadsworth | |||||||||
Signed on behalf of the board | |||||||||
R.J. Wadsworth | |||||||||
Director | |||||||||
14 September 2026 | |||||||||
TEES VALLEY VENTURES LIMITED Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2025 | 2024 | |||||||
£ | £ | |||||||||
Current assets | ||||||||||
Stocks | 4 | |||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 6 | ( | ( | |||||||
Net current liabilities | ( | ( | ||||||||
Total assets less current liabilities | ( | ( | ||||||||
Net liabilities | ( | ( | ||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 8 | ( | ( | |||||||
Total equity | ( | ( | ||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 14 September 2026 and signed on its behalf by: | ||||||||||
R.J. Wadsworth | ||||||||||
Director | ||||||||||
14 September 2026 | ||||||||||
TEES VALLEY VENTURES LIMITED Notes to the Accounts Registrar |
for the year ended 31 December 2025 | ||||||||||||||
1 | General information | |||||||||||||
TEES VALLEY VENTURES LIMITED is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 05612759 | ||||||||||||||
Its registered office is: | ||||||||||||||
Going concern | ||||||||||||||
2 | Accounting policies | |||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. | ||||||||||||||
Stocks | ||||||||||||||
Cost includes cost of acquisition and development to date, including directly attributable fees and expenses. All finance costs relating to properties in the course of development are expensed. Property transactions are recognised on legal completion. Properties are transferred between categories at the estimated market value on the transfer date. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
3 | Employees | |||||||||||||
2025 | 2024 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Stocks | |||||||||||||
2025 | 2024 | |||||||||||||
£ | £ | |||||||||||||
Work in progress | ||||||||||||||
5 | Debtors | |||||||||||||
2025 | 2024 | |||||||||||||
£ | £ | |||||||||||||
Trade debtors | ||||||||||||||
6 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2025 | 2024 | |||||||||||||
£ | £ | |||||||||||||
Trade creditors | ||||||||||||||
Taxes and social security | ||||||||||||||
Other creditors | ||||||||||||||
7 | Share Capital | |||||||||||||
1,000 A shares at £1 each and 1,000 B shares at £1 each | ||||||||||||||
8 | Reserves | |||||||||||||
9 | Related party disclosures | |||||||||||||
Key management personnel compensation | ||||||||||||||
Transactions with related parties | ||||||||||||||
The company is owned equally by Helios Property Holdings Limited and Aquila Developments Limited. Neither party has overall control. During the year, the company had loan arrangements with a number of related parties: At 31 December 2025, the company had a loan balance owed to Aquila Developments Limited, a shareholder, of £10,740,877 (2024: £10,393,844). Loan interest of £347,033 was charged during the year (2024: £375,711). At 31 December 2025, the company had a loan balance owed to Helios Property Holdings Ltd, a shareholder, of £3,930,133 (2024: £3,757,335). Loan interest of £172,798 was charged during the year (2024: £189,701). At 31 December 2025, the company had a loan balance owed to Goulandris Brothers Limited, a related party, of £3,250,357 (2024: £3,072,195). Loan interest of £178,161 was charged during the year (2024: £156,437). | ||||||||||||||