TOMTOM LIMITED - Accounts

TOMTOM LIMITED
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Enter data in the white spaces Enter numbers as + unless indicated				Current year	Comparative

Units (eg £ or £000)		£	include a trailing space

Company registration number		03404280

		Date
Approval date of the accounts by the board		26/08/2026

		Date
Date of signing on the audit/accountants report		26/08/2026

Date of engagement letter (required for		Date
CA and ACCA reports)

Person signing directors' report:
	Name of director	Mr. Munir Khalil Ali
	Or, name of secretary

Name of director signing balance sheet		Mr. Munir Khalil Ali

Address of registered office:
	Address line 1	63 Elizabeth Street
	City or town	London
	County or region	United Kingdom
	Postcode	SW1W 9PP

Name of senior statutory auditor		Mr Waqqas Shabir Memon, BSc, FCCA

Name of auditors/accountants		MMBA London Ltd

Type of firm (eg Chartered Accountants)		Chartered Certified Accountants & Statutory Auditors

Address of auditors/accountants
	Address line 1	16 Upper Woburn Place,
	City or town	Kings Cross, London
	County or region	United Kingdom
	Postcode	WC1H 0AF

Prior year adjustments (+ for a gain; - for a loss)		£
	Correction of prior year errors
	Effect of retrospective changes in accounting policies
	Effect of retrospective changes in accounting policies
	More info on prior year adjustments

Number					Number
Average number of persons employed by the company				24		27

Freehold land & buildings if
revalued amounts shown in trial balance:				£	£
	historical cost
	cumulative depreciation based on cost

Historical cost of fixed asset investments				£	£
	Investments in subsidiaries
	Other investments

£					£
Amounts due after more than one year included in debtors

Amounts included in creditors falling due for payment
after more than five years:				£	£
Payable otherwise than by installment
Payable by installment

£					£
Secured bank loans included in creditors

Capital commitments:				£	£
	contracted

Total future payments due under non-cancellable				£	£
operating leases

Registered number

03404280

TOMTOM LIMITED

Annual Report and Audited Accounts

31 December 2025

TOMTOM LIMITED
Annual Report and Audited Accounts
Contents




Page

Company information	1
Director's report	2-3
Independent auditor's report	4-6
Income Statement	7
Statement of Financial Position	8
Statement of changes in equity	9
Notes to the Financial Statements	10-18

TOMTOM LIMITED

Company Information

Director

Mr. Munir Khalil Ali

Auditors

MMBA London Ltd

16 Upper Woburn Place,

Kings Cross, London

WC1H 0AF

Registered office

63 Elizabeth Street

London

United Kingdom

SW1W 9PP

Registered number

03404280

TOMTOM LIMITED
Registered number:		03404280
Director Report
For the year ended 31 December 2025

The director presents his report and accounts for the year ended 31 December 2025.

Principal Activities:

The principal activities of Tomtom Limited (the "company") include the following: - Retail sales of tobacco products in specialised stores; - Other retail sales of food and drinks in specialised stores; and - Licensed restaurant

Director
The following person was a director of the company during the year ended 31 December 2025:

Mr. Munir Khalil Ali

Future Developments

The Director will continue to review the Company's operations and pursue opportunities for sustainable growth and improved profitability. The Company will continue to focus on providing high-quality services, maintaining strong relationships with its customers, and managing its resources efficiently. The Director believes that the Company is well positioned to continue operating successfully in the foreseeable future.

Dividends

The Director does not recommend the payment of a final dividend for the year ended 31 December 2025. No interim dividends were declared or paid during the year.

Post Balance Sheet Events

There have been no significant events affecting the company since the balance sheet date that require disclosure in or adjustment to the financial statements.

Independent Auditor

The director who held office at the date of approval of this report confirms that: so far as the director is aware, there is no relevant audit information of which the company's auditor is unaware; and the director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditor is aware of that information. This confirmation is given and should be interpreted in accordance with the provisions of Section 418 of the Companies Act 2006.

Director's responsibilities

The Director is responsible for preparing the report and accounts in accordance with applicable law and regulations.
Company law requires the director to prepare accounts for each financial year. Under that law, the director has elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the accounts unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the director is required to:
●	select suitable accounting policies and then apply them consistently;
●	make judgements and estimates that are reasonable and prudent;
●	state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements,
●	prepare the accounts on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the accounts comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the board on 26 August 2026 and signed on its behalf.


Mr. Munir Khalil Ali

Director

TOMTOM LIMITED
Independent auditor's report
to the member of TOMTOM LIMITED

Opinion

We have audited the financial statements of TomTom Limited (the 'company') for the year ended 31 December 2025, which comprise the Income statement, the Statement of financial position, the Statement of changes in equity and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 101 'Reduced Disclosure Framework' (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
●	give a true and fair view of the state of the company's affairs as at 31 December 2025 and of its loss for the year then ended;
●	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
●	have been prepared in accordance with the requirements of the Companies Act 2006.


Basis for opinion

Material uncertainty related to going concern
We draw attention to Note 2, which indicates that the Company is in a net loss and net liability position and relies on continued financial support from Group management and the ultimate controlling party. These conditions indicate that a material uncertainty exists that may cast significant doubt on the Company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter.

Other matter
The financial statements of the Company for the year ended 31 December 2024 were audited by a predecessor auditor who expressed an unmodified opinion on those financial statements on 1 May 2025

Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The director is responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of our audit:
●	the information given in the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
●	the directors' report has been prepared in accordance with applicable legal requirements

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors' report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
●	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
●	the financial statements are not in agreement with the accounting records and returns; or
●	certain disclosures of directors' remuneration specified by law are not made; or
●	we have not received all the information and explanations we require for our audit

Responsibilities of director
As explained more fully in the directors' responsibilities statement, the director is responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the director determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the director is responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the director either intends to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below:
●	The Senior Statutory Auditor ensured that the audit engagement team collectively possessed the appropriate competence, capabilities, and skills to identify or recognise instances of non-compliance with applicable laws and regulations
●	We made enquiries of management regarding areas where they believed there might be a susceptibility to fraud, as well as their knowledge of any actual, suspected, or alleged fraud
●	Through discussions with the director and senior management during the planning phase, we identified the laws and regulations that could reasonably be expected to have a material effect on the financial statements of the company
●	The audit team conducted a risk assessment discussion to identify specific areas considered susceptible to material misstatement, particularly in relation to fraud or non-compliance with laws and regulations
●	Our audit procedures were focused on those laws and regulations we deemed to have a direct and material impact on the financial statements or the company’s operations, including the Companies Act 2006 and relevant taxation legislation
We assessed the company’s compliance with the relevant laws and regulations identified above through the following procedures:
●	making enquiries of management regarding any known or suspected instances of non-compliance;
●	reviewing legal expenditure and examining correspondence during the period for indications of potential litigation or claims; and
●	evaluating the internal control environment, particularly those controls designed to mitigate the risks of fraud and non-compliance with applicable laws and regulations

To address the risk of fraud arising from management bias and override of controls, we undertook the following procedures:
●	assessed the susceptibility of the company to management override of controls by evaluating the design and implementation of key controls and by making enquiries with individuals involved in the financial reporting process;
●	performed analytical procedures to identify large, unusual, or unexpected transactions and investigated significant variances from the prior period
●	reviewed journal entries to identify any unusual or non-recurring transactions;
●	evaluated the appropriateness of accounting estimates and assessed whether management’s judgements indicated any potential bias; and
●	conducted substantive testing to verify the occurrence and proper cut-off of expenditure.

In response to the risk of irregularities and non-compliance with laws and regulations, our audit procedures included
●	agreeing financial statement disclosures to the underlying supporting documentation;
●	making enquiries of management regarding actual or potential litigation and claims; and
●	reviewing correspondence with HMRC and the company’s legal advisers.

It is important to note that, due to the inherent limitations of an audit, there is a risk that not all irregularities, including those that may result in a material misstatement of the financial statements or non-compliance with regulations, will be detected. This risk increases for non-compliance with laws or regulations that are not closely related to the financial reporting process, as such instances are inherently less likely to come to the auditor’s attention. Furthermore, the risk is heightened in cases of fraud, which may involve deliberate concealment, collusion, forgery, omission, or misrepresentation. A further description of our responsibilities is available on the Financial Reporting Council's website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.


Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.



Mr Waqqas Shabir Memon, BSc, FCCA
(Senior Statutory Auditor)		16 Upper Woburn Place,
for and on behalf of
MMBA London Ltd		Kings Cross, London
Chartered Certified Accountants & Statutory Auditors		United Kingdom
26 August 2026		WC1H 0AF



		`

TOMTOM LIMITED
Income Statement
For the year ended 31 December 2025


	Notes	2025		2024
£			£

Turnover	3.1	2,873,223		2,662,831

Cost of sales		(1,351,430)		(1,199,497)

Gross profit		1,521,793		1,463,334

Administrative expenses		(1,508,785)		(1,477,829)

Operating profit/(loss)	3.3	13,008		(14,495)

Interest payable	3.4	(164,942)		(158,217)

Loss before taxation on ordinary activities		(151,934)		(172,712)

Taxation on loss		-		-

Loss for the financial year		(151,934)		(172,712)

TOMTOM LIMITED
Statement of Financial Position
as at 31 December 2025

	Notes		2025			2024
£				£
Fixed assets
Tangible assets	4		613,555			900,867
Investments	5		2			2
			613,557			900,869

Current assets
Stocks		541,841			479,304
Debtors	6	280,733			120,753
Cash at bank and in hand		102,336			199,518
		924,910			799,575

Creditors: amounts falling due within one year	7	(3,644,744)			(3,464,280)

Net current liabilities			(2,719,834)			(2,664,705)

Total assets less current liabilities			(2,106,277)			(1,763,836)

Creditors: amounts falling due after more than one year	8		(220,500)			(358,292)

Provisions for liabilities	9		(169,424)			(222,139)


Net liabilities			(2,496,201)			(2,344,267)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(2,496,202)			(2,344,268)

Shareholder's funds			(2,496,201)			(2,344,267)

These financial statements have been prepared in accordance with Financial Reporting Standard 101 Reduced Disclosure Framework ("FRS 101"). The company has applied the disclosure exemptions available under FRS 101 in preparing these financial statements.

Mr. Munir Khalil Ali
Director
Approved by the board on 26 August 2026

TOMTOM LIMITED
Statement of Changes in Equity
For the year ended 31 December 2025

Share			Profit		Total
capital			and loss
account
	Notes	£	£		£

At 1 January 2024		1		(2,171,556)		(2,171,555)

#NAME?	11			(172,712)		(172,712)


At 31 December 2024		1		(2,344,268)		(2,344,267)



At 1 January 2025		1		(2,344,268)		(2,344,267)

Loss for the financial year	11			(151,934)		(151,934)


At 31 December 2025		1		(2,496,202)		(2,496,201)

TOMTOM LIMITED
Notes to the Financial Statements
For the year ended 31 December 2025

1	Statutory Information
	Tomtom Limited is a private company, limited by shares, registered in England and Wales, registration number 03404280. The registered office is 63 Elizabeth Street, London, SW1W 9PP, United Kingdom.

	Basis of Preparation of Financial Statements
	The financial statements have been prepared in accordance with Financial Reporting Standard 101 Reduced Disclosure Framework applicable in the UK and Republic of Ireland (FRS 101), applicable accounting standards and the requirements of the Companies Act 2006. 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 £. The company has taken advantage of the following disclosure exemptions under FRS 101: the requirements of IAS 7 Statement of Cash Flows; the requirements of IFRS 7 Financial Instruments: Disclosures; and the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into between two or more members of a group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member. The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts. The financial statements present information about the company as an individual entity and not about its group. Tomtom Limited is a wholly owned subsidiary of a BNK Capital for General Trading SPC and the results of Tomtom Limited are included in the consolidated financial statements of BNK Capital for General Trading Al-Qibla, Block 6, Salah Al-Deen st, Al-Qibla National Company Complex, Floor 1, Office 15, State of Kuwait.

2	Accounting policies

	Going Concern
	The Company incurred a net loss of £151,934 during the year and had net liabilities of £2,496,201 at 31 December 2025. The financial statements have been prepared on a going concern basis as the Company relies on continued financial support from the Group and the ultimate controlling party. The ultimate controlling party has confirmed its intention to provide financial support to the Company for the foreseeable future. The Company's ability to continue as a going concern is dependent upon the continued availability of this financial support. These conditions indicate that a material uncertainty exists that may cast significant doubt on the Company's ability to continue as a going concern. Based on this assessment, the director considers that the Company will have adequate resources to continue in operational existence for at least 12 months and has therefore adopted the going concern basis of accounting.'

	Turnover
	A revenue contract is entered into by the customer when an order is placed. The Company's performance obligations are to provide the food, drinks, and other merchandise ordered by the customers. The performance obligations are satisfied, and revenue recognised, at the point in time that goods are handed to the customer, which is when the control passes to the customer. Revenue from service charges is recognised at the point the related services have been provided and the customer has received the benefit of those services.

	Tangible fixed assets
	Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. The company has elected to account for short-term leases and leases of low-value assets using the practical expedients. Instead of recognising a right-of-use asset and lease liability, the payments in relation to these are recognised as an expense in profit or loss on a straight-line basis over the lease term. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following basis:
	Plant and machinery	25% reducing balance
	ROU - Leased Assets	over the lease term

	Investments
	Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss. A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate. Entities in which the company has a long-term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

	Impairment of Fixed Assets
	At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

	Stocks
	Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stocks held for distribution at no or nominal consideration are measured at the lower of replacement cost and cost, adjusted where applicable for any loss of service potential. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

	Cash at bank and in hand
	Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

	Financial assets
	Basic financial assets, which include debtors 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 financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

	Financial liabilities
	Financial liabilities include trade creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt instruments. Financial liabilities are initially recognised at fair value, net of directly attributable transaction costs, unless they are classified as financial liabilities at fair value through profit or loss. Subsequent measurement depends on the classification of the financial liability. Financial liabilities that are not designated at fair value through profit or loss are measured at amortised cost using the effective interest method. Where the arrangement does not constitute a financing transaction, liabilities are measured at the amount of the consideration payable. Where a financing component exists, the liability is initially measured at the present value of the future cash flows discounted at a market rate of interest for a similar instrument. Financial liabilities that are due within one year of the reporting date and are not subject to a financing arrangement are not discounted and are measured at the amount payable. Trade creditors represent obligations to pay for goods and services received in the ordinary course of business from suppliers. They are initially recognised at fair value, which is normally the transaction price, and subsequently measured at amortised cost using the effective interest method where applicable. Trade creditors are classified as current liabilities unless the company has an unconditional right to defer settlement for at least twelve months after the reporting date. During the year, management reassessed the expected repayment profile of the intercompany loan and concluded that it is expected to be settled within twelve months of the reporting date. Accordingly, the loan has been reclassified from non-current liabilities to current liabilities. Comparative figures have also been reclassified to ensure consistency. This reclassification is a change in presentation only and has no impact on profit or loss, net assets, or cash flows.

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

	Employee benefits
	The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee`s services are received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

	Retirement benefits
	Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

	Leased assets
	At inception, the Company assesses whether a contract is, or contains, a lease within the scope of IFRS 16. A contract is, or contains, a lease if the contract conveys the right to control the use of an identified asset for a period of time in exchange for consideration. Where a tangible asset is acquired through a lease, the company recognised a right-of-use asset and a lease liability at the lease commencement date. Current right-of-use asset is included within land and building leasehold. The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for any lease payments made at or before the commencement. The right-of-use asset is subsequently depreciated using the straight-line method from the commencement date to the earlier of the end of the useful life of the right-of-use asset or the end of the lease term. The estimated useful lives of right-of-use assets are determined on the same basis as those of other land and building leasehold. The right-of-use asset is periodically reduced by impairment losses, if any, and adjusted for certain re-measurements of the lease liability.

	Leased liabilities
	The lease liability is initially measured at the present value of the lease payments that are unpaid at the commencement date, discounted using the company`s incremental borrowing rate. Lease payments included in the measurement of the lease liability comprise fixed payments, variable lease payments that depend on an index or a rate, amounts expected to be payable under a residual value guarantee. Subsequent to initial measurement, the liability will be reduced for payments made and increased for interest. It is remeasured to reflect any reassessment or modification, or if there are changes in in-substance fixed payments.

	Provision for Dilapidation
	A provision for dilapidations has been recognised in respect of the Company's leased premises, including the Cigar Shop and Coffee House. The provision represents management's best estimate of the expenditure required to restore the leased premises to the condition required under the terms of the lease agreements at the end of the lease term. The estimated costs have been determined based on management's assessment of the Company's contractual obligations under the lease agreements and historical repair and maintenance expenditure incurred between 2013 and 2024. This historical expenditure has been used as a basis for estimating the expected future costs required to fulfil the Company's dilapidation obligations. The expected future cash outflows have been discounted to their present value using a discount rate of 4%, which management considers appropriate to reflect the time value of money over the period until settlement of the obligation. The provision is reviewed at each reporting date and updated for any changes in expected costs, timing of settlement or other relevant assumptions.



	Judgements and key sources of estimation uncertainty
	In the application of the Company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The critical judgements are the following: The dilapidation provision relates to the estimated cost of restoring leased properties to their original condition at the end of lease term. The calculation of the provision for dilapidation involves a degree of estimation and judgement with respect to certain items, such as potential changes in restoration standards, cost inflation and discount rate used. Determining the useful life for tangible fixed assets requires management to make an estimate based on the value in use and life of the asset. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.


3.1	Turnover
	An analysis of turnover by geographic market is given below:
				2025		2024
£					£
	Retail Sales			2,560,439		2,431,481
	Online Sales			78,526		69,566
	Other Revenue			66,015		-
	Tips /Service Charges			168,243		161,784
	Total Turnover (United Kingdom)			2,873,223		2,662,831

3.2	Employees & Director			2025		2024
£					£

	Wages and Salaries			763,831		771,334
	Social Security Costs			78,960		66,311
	Pension Costs			12,319		12,281
	Director Remuneration			-		-
	Total Employee Costs			855,110		849,926

				2025		2024
Number					Number

	Average number of persons employed by the company			24		27

	The Company operates a contribution pension scheme on behalf of the employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs represent contributions payable by the Company to the fund.
3.3	Operating Profit

	The operating profit is reported after charging the following:			2025		2024
£					£
	Depreciation Owned Assets			131,423		137,322
	Depreciation ROU Assets			110,851		12,394
	Auditor's Remuneration			8,500		6,499



3.4	Interest Payable and Similar Charges			2025		2024
£					£
	Interest Expense - Lease liabilities			19,889		19,734
	Interest Expense			137,747		129,939
	Interest on Lease Dilapidation Provision			7,306		8,544
				164,942		158,217



3.5	Taxation			2025		2024
£					£

	Current Tax			-		-

	The charge for the year can be reconciled to the loss per the income statement as follows:


				2025		2024
£					£

	Loss before taxation			(151,934)		(172,712)

	Loss on ordinary activities before taxation multiplied by standard rate of UK corporation tax of 25% (2024: 25%)			(37,984)		(43,178)

	Taxation impact of factors affecting tax charge:
	Effect of expenses not deductible in determining taxable profit			-		-
	Unutilised tax losses carried forward			3,282		23,759
	Capital allowances in excess of depreciation			34,702		19,419

	Taxation charge for the year			-		-

	The Company has tax losses carried forward as at 31 December 2025 of £1,846,385 (2024: £1,835,532) A deferred tax asset has not been recognised in respect of the losses due to the uncertainty as to the timing of future taxable profits.
4	Tangible fixed assets
		ROU - Leased Assets		Plant and machinery etc		Total	Total
£			£		£		£
	Cost
	At 1 January 2025	1,158,068		1,270,182		2,428,250
	Additions	-		9,794		9,794
	Disposals/Transfers	(210,844)		(111,083)		(321,927)
	At 31 December 2025	947,224		1,168,893		2,116,117

	Depreciation
	At 1 January 2025	700,201		827,182		1,527,383
	Charge for the year	110,851		131,423		242,274
	On disposals	(174,463)		(92,632)		(267,095)
	At 31 December 2025	636,589		865,973		1,502,562

	Net book value
	At 31 December 2025	310,635		302,920		613,555
	At 31 December 2024	457,867		443,000		900,867

5	Investments					Investments in subsidiary undertakings	Investments in subsidiary undertakings
£							£
	Cost
	Valuation at 1 January 2025					2

	Valuation at 31 December 2025					2
	Investment in subsidiaries is accounted for at cost less any accumulated impairment losses in the Company's individual financial statements. At 31 December 2025, the Company held a 100% investment in Coffee & Bread Limited, a Company incorporated in the United Kingdom. The investment is carried at cost of £2 (2024: £2). The Director has reviewed the carrying value of the investment at the reporting date and is satisfied that no impairment provision is required.


6	Debtors: amounts falling due within one year			2025		2024
£					£
	Trade debtors			16,102		17,492
	Others debtors			20,751		8,319
	Group Balances			199,060		57,802
	Accrued Income and Prepayments			44,820		37,140
				280,733		120,753

7	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			4,167		10,000
	Trade creditors			70,510		73,641
	Accruals			27,960		8,824
	Taxation and social security costs			114,002		129,420
	ROU Lease Liability			114,849		133,251
	Amounts owed to group undertakings			3,313,256		3,109,144
				3,644,744		3,464,280


8	Creditors: amounts falling due after more than one year			2025		2024
£					£

	Bank loans			-		4,167
	ROU Lease Liability			220,500		354,125
				220,500		358,292

	Bank loan is an unsecured loan at an interest rate of 2.5% per annum. The loan is repayable by 18 May 2026.


9	Provision for Dilapidation
	The provision represents the estimated cost of restoring leased properties to the condition required under the terms of the respective lease agreements at the end of the lease terms.

	At 1 January 2025					£222,139
	Transfer of provision during the year					(£60,021)
	Unwinding of discount during the year					£7306
	At 31 December 2025					£169,424


10	Share Capital			2025		2024

	Number of shares in issue			1		1
	Ordinary share capital in issue			£1		£1


11	Retained Earnings					£

	At 1 January 2024					(2,171,556)
	Profit (loss) during the year					(172,712)

	As at 31 December 2024					(2,344,268)

	At 1 January 2025					(2,344,268)
	Profit (loss) during the year					(151,934)

	As at 31 December 2025					(2,496,202)

12	Related party transactions

	At the year end, an amount of £2,328,160 (2024: £2,234,338) was due to Mr. Bader Nasser Mohamed Al Kharafi and is included in other creditors. The amount bears interest at 5% per annum (2024: 5% per annum). Mr. Bader Nasser Mohamed Al Kharafi is the majority shareholder of the ultimate parent undertaking of the Company. An amount of £796,313 (2024: £684,631) was due to Al-Thiqa Restaurants Company SPC, based in the State of Kuwait, and is included in other creditors. The amount bears interest at a rate of 5% per annum. Al-Thiqa Restaurants Company SPC is under common ownership with Tomtom Limited. An amount of £188,983 (2024: £180,363) was due to AL-MEEKAT INC SPC, based in the State of Kuwait, and is included in other creditors. The amount bears interest at a rate of 5% per annum. AL-MEEKAT INC SPC is under common ownership with Tomtom Limited. An amount of £199,060 (2024: £57,802) is due from Coffee & Bread Limited in respect of recharge expenses incurred on its behalf. An amount of £200 (2024: £200) is due from the Director. During the year, the Company made payments to third parties on behalf of Coffee & Bread Limited for certain operating and administrative expenses as part of group arrangements. These costs are subsequently recharged to Coffee & Bread Limited in accordance with the agreed intercompany arrangements. The balance represents amounts recoverable from Coffee & Bread Limited at the reporting date and is unsecured, interest-free and repayable on demand unless otherwise agreed between the parties. Except for the related party disclosures noted above, the Company has taken advantage of the exception under FRS 101 not to disclose transactions with fellow group companies which are wholly owned by BNK Holdings K.S.C.C.



13	Controlling party

	The Company's immediate parent undertaking is BNK Capital for General Trading SPC, a company registered in Kuwait. The ultimate parent undertaking is BNK Holdings K.S.C.C a company registered in the State of Kuwait. The smallest group in which the results of Tomtom Limited are consolidated is that headed by BNK Capital for General Trading SPC, whose registered address is at Al-Qibla, Block 6, Salah Al-Deen Street, Al-Qibla National Company Complex, Floor 1, Office 15, State of Kuwait. The largest group in which the results of Tomtom Limited are consolidated is that headed by BNK Holdings K.S.C.C., whose registered address is at Al Hamra Tower, 69th floor, Abdulaziz Al Saqr Street, P.O. Box 1196, Safat 13012, State of Kuwait, where the group financial statements are available. Mr. Bader Nasser Mohamed Al Kharafi is the ultimate controlling party of the company by virtue of his majority shareholding in BNK Holdings K.S.C.C.

14	Disposal of Assets
	During the year, the Company wrote off certain fixed assets comprising fixtures and fittings and shop and office equipment. The assets were disposed of for nil consideration and no sale proceeds were received. Accordingly, the net book value of the assets at the date of disposal has been recognised as a loss on disposal. Fixtures and fittings with an original cost of £71,831 and accumulated depreciation of £57,153 were written off, resulting in a net book value of £14,678. Shop and office equipment with an original cost of £39,252 and accumulated depreciation of £35,478 were written off, resulting in a net book value of £3,774. The aggregate loss on disposal of £18,452 has been recognised in the profit and loss account within Profit/(Loss) on Disposal of Fixed Assets. During the year, the Company transferred the Right-of-Use asset and the related lease liability for the Mess Hall premises to a fellow group company as part of an internal group reorganisation. The transfer resulted in the derecognition of a Right-of-Use asset with a net book value of £36,380 and a lease liability of £41,250. The related dilapidation provision of £60,022 was also transferred to the fellow group company. The net effect of the transfer has been recognised through the intercompany loan account with the fellow group company. Accordingly, no gain or loss has been recognised in the profit and loss account.

15	Events after the reporting date
	There are no subsequent events to report.