REGISTERED NUMBER: 05552427 (England and Wales)

Financial Statements for the Year Ended 31 December 2025

for

TDM MARINE LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

I Lord

G M Arnold

SECRETARY:

G M Arnold

REGISTERED OFFICE:

Global House

1 Ashley Avenue

Epsom

Surrey

KT18 5AD

REGISTERED NUMBER:

05552427 (England and Wales)

ACCOUNTANTS:

PSP Associates Limited

Chartered Certified Accountants

Global House

1 Ashley Avenue

Epsom

Surrey

KT18 5AD

FIXED ASSETS

Intangible assets

4

56,702

75,604

Tangible assets

5

1,424,646

1,427,010

Investments

6

3,575

3,575

1,484,923

1,506,189

CURRENT ASSETS

Stocks

2,000

28,913

Debtors

7

48,080

13,746

50,080

42,659

CREDITORS

Amounts falling due within one year

8

301,117

266,090

NET CURRENT LIABILITIES

(251,037

)

(223,431

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,233,886

1,282,758

CREDITORS

Amounts falling due after more than one year

9

(696,715

)

(753,120

)

PROVISIONS FOR LIABILITIES

(11,341

)

(5,193

)

NET ASSETS

525,830

524,445

CAPITAL AND RESERVES

Called up share capital

20,000

20,000

Retained earnings

505,830

504,445

SHAREHOLDERS' FUNDS

525,830

524,445

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 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 13 September 2026 and were signed on its behalf by:

I Lord - Director

1.	STATUTORY INFORMATION

TDM Marine 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 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.

Turnover

Turnover represents goods and services, invoiced net of VAT, derived from the principal activity of operating a yacht marina and moorings in the United Kingdom. Ancillary income is also derived from rents on the buildings and car park at the marina.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Freehold land and property

-

2% on cost and no depreciation provided

Improvements to property

-

2% on cost

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

378,050

AMORTISATION

At 1 January 2025

302,446

Charge for year

18,902

At 31 December 2025

321,348

NET BOOK VALUE

At 31 December 2025

56,702

At 31 December 2024

75,604

5.	TANGIBLE FIXED ASSETS

Freehold

Improvements

land and

to

Plant and

property

property

machinery

£

£

£

COST

At 1 January 2025

1,345,807

80,094

83,640

Additions

-

-

10,008

At 31 December 2025

1,345,807

80,094

93,648

DEPRECIATION

At 1 January 2025

12,555

16,020

59,640

Charge for year

1,966

1,602

8,002

At 31 December 2025

14,521

17,622

67,642

NET BOOK VALUE

At 31 December 2025

1,331,286

62,472

26,006

At 31 December 2024

1,333,252

64,074

24,000

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

20,113

2,000

14,432

1,546,086

Additions

-

-

1,843

11,851

At 31 December 2025

20,113

2,000

16,275

1,557,937

DEPRECIATION

At 1 January 2025

18,268

2,000

10,593

119,076

Charge for year

277

-

2,368

14,215

At 31 December 2025

18,545

2,000

12,961

133,291

NET BOOK VALUE

At 31 December 2025

1,568

-

3,314

1,424,646

At 31 December 2024

1,845

-

3,839

1,427,010

Included in cost of land and buildings is freehold land of £ 1,247,513 (2024 - £ 1,247,513 ) which is not depreciated.

Included in additions under plant and machinery and land and property are assets that have been capitalised under finance leases.

6.	FIXED ASSET INVESTMENTS

Investment

in group

undertaking

£

COST

At 1 January 2025

and 31 December 2025

3,575

NET BOOK VALUE

At 31 December 2025

3,575

At 31 December 2024

3,575

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

16,610

9,792

Other debtors

31,470

3,954

48,080

13,746

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

54,054

45,622

Finance leases

-

1,127

Trade creditors

46,989

24,260

Taxation and social security

92,896

86,016

Other creditors

107,178

109,065

301,117

266,090

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

594,720

628,432

Other creditors

101,995

124,688

696,715

753,120

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

444,010

503,864

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank overdrafts

22,266

20,122

Bank loans

626,508

653,932

Finance leases

-

1,127

648,774

675,181

The bank loan and overdraft are secured on the assets of the business and by limited personal guarantee by the directors.

The leased assets are secured on the assets concerned.