REGISTERED NUMBER: 11018772 (England and Wales)

Unaudited Financial Statements

For The Year Ended

31 December 2025

for

TSF 2003 INVEST LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr M Lomax

SECRETARY:

Mr M Lomax

REGISTERED OFFICE:

Unit 3-5 Causeway Works

Palatine Industrial Estate

Causeway Avenue

Warrington

Cheshire

WA5 6AB

REGISTERED NUMBER:

11018772 (England and Wales)

ACCOUNTANTS:

Leavitt Walmsley Associates Limited

Chartered Certified Accountants

8 Eastway

Sale

Cheshire

M33 4DX

FIXED ASSETS

Investments

4

1,517,988

1,437,783

Investment property

5

1,829,080

1,829,080

3,347,068

3,266,863

CURRENT ASSETS

Debtors

-

675

Cash at bank

93,696

83,646

93,696

84,321

CREDITORS

Amounts falling due within one year

767,739

769,922

NET CURRENT LIABILITIES

(674,043

)

(685,601

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,673,025

2,581,262

PROVISIONS FOR LIABILITIES

71,862

58,718

NET ASSETS

2,601,163

2,522,544

CAPITAL AND RESERVES

Called up share capital

1,100

1,100

Fair value reserve

6

35,556

35,556

Retained earnings

2,564,507

2,485,888

SHAREHOLDERS' FUNDS

2,601,163

2,522,544

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 director acknowledges his 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 September 2026 and were signed by:

Mr M Lomax - Director

1.	STATUTORY INFORMATION

TSF 2003 Invest 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 the provisions of FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Rental income

Rental income is recognised on a receivables basis in accordance with the terms of the tenant's lease agreement. Amounts of rental income due but not paid are recognised within trade debtors and presented within current assets.

Rentals received in advance are recorded as deferred income and included within creditors falling due within one year.

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.

Investment property is recorded at fair value at each reporting date with fair value gains and losses being recorded in the profit and loss account. Deferred tax consequences in respect of fair value adjustments on investment property are also recorded in profit and loss account. Gains, net of deferred tax, are non-distributable to the shareholders and are presented in a separate component of equity in the balance sheet.

Financial instruments

A financial asset or financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at transaction price and measured at amortised cost using the effective interest method. Where investments in non-derivative financial instruments are publicly traded, or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value through profit or loss. All other investments are subsequently measured at cost less impairment.

Debtors and creditors which fall due within one year are recorded in the financial statements at transaction price and subsequently measured at amortised cost. If the effects of the time value of money are immaterial, they are measured at cost (less impairment for trade debtors). Debtors are reviewed for impairment at each reporting date and any impairments are recorded in profit or loss and shown within administrative expenses when there is objective evidence that a debtor is impaired. Objective evidence that a debtor is impaired arises when the customer is unable to settle amounts owing to the company or the customer becomes bankrupt.

Debtors do not carry interest and are stated at their nominal value.

Trade creditors are not interest-bearing and are stated at their nominal value.

Financial assets which are measured at cost or amortised cost are reviewed for objective evidence of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. All equity instruments, regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset which exceeds what the carrying amount would have been had the impairment loss not previously been recognised.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Deferred tax is calculated using timing difference plus approach.

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.

Investments

Listed Investments

Investments which have an observable market price are initially recognised at cost, excluding transaction costs, and are measured at fair value at each reporting date. Observable market prices are obtained from the stock exchange. In respect of listed investments, fair value gains and losses are recognised in profit or loss for the period together with associated deferred tax consequences.

Unlisted Investments

Unlisted investments are measured at cost less accumulated impairment where applicable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 January 2025

1,437,783

Revaluations

69,833

Impairments

3,718

Dividends received

6,654

At 31 December 2025

1,517,988

NET BOOK VALUE

At 31 December 2025

1,517,988

At 31 December 2024

1,437,783

Cost or valuation at 31 December 2025 is represented by:

Totals

£

Valuation in 2020

103,943

Valuation in 2021

80,042

Valuation in 2022

1,125

Valuation in 2023

39,131

Valuation in 2024

36,583

Valuation in 2025

57,164

Cost

1,200,000

1,517,988

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2025

and 31 December 2025

1,829,080

NET BOOK VALUE

At 31 December 2025

1,829,080

At 31 December 2024

1,829,080

Fair value at 31 December 2025 is represented by:

£

Valuation in 2024

46,300

Cost

1,782,780

1,829,080

6.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

35,556