Company No: 11005394 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	J Raife
	J J Stapleton

REGISTERED OFFICE	2 Leman Street
	London
	E1W 9US
	United Kingdom

COMPANY NUMBER

11005394 (England and Wales)

ACCOUNTANT	Gravita Essex Limited
	Kings House
	101-135 Kings Road
	Brentwood
	Essex
	CM14 4DR
	United Kingdom

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	20,907		4,200
Investment property	4	3,818,019		3,766,250
		3,838,926		3,770,450
Current assets
Debtors	5	243,020		230,309
Cash at bank and in hand		47,121		143,848
		290,141		374,157
Creditors: amounts falling due within one year	6	( 36,965)		( 90,882)
Net current assets		253,176		283,275
Total assets less current liabilities		4,092,102		4,053,725
Provision for liabilities		( 78,717)		( 79,460)
Net assets		4,013,385		3,974,265
Capital and reserves
Called-up share capital		100		100
Fair value reserve		235,215		235,215
Profit and loss account		3,778,070		3,738,950
Total shareholders' funds		4,013,385		3,974,265

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of TippDown Holdings Limited (registered number: 11005394) were approved and authorised for issue by the Board of Directors on 25 September 2026. They were signed on its behalf by:

J Raife Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

TippDown Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2 Leman Street, London, E1W 9US, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover represents rental income receivable during the year.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets is reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

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	25 % reducing balance
Vehicles	4 years straight line

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.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Plant and machinery		Vehicles		Total
	£		£		£
Cost
At 01 April 2025	17,700		0		17,700
Additions	0		20,789		20,789
At 31 March 2026	17,700		20,789		38,489
Accumulated depreciation
At 01 April 2025	13,500		0		13,500
Charge for the financial year	1,050		3,032		4,082
At 31 March 2026	14,550		3,032		17,582
Net book value
At 31 March 2026	3,150		17,757		20,907
At 31 March 2025	4,200		0		4,200

4. Investment property

	Investment property
	£
Valuation
As at 01 April 2025	3,766,250
Additions	51,769
As at 31 March 2026	3,818,019

Investment properties were valued by the directors at 31 March 2026 based on market evidence of comparable properties and recent transactions in the local area. The directors consider the carrying value to represent fair value at the balance sheet date.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

	2026		2025
	£		£
Historic cost	2,961,787		3,415,852

5. Debtors

	2026		2025
	£		£
Amounts owed by related parties	235,324		225,574
Other debtors	7,696		4,735
	243,020		230,309

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	96		300
Amounts owed to related parties	0		36,875
Taxation and social security	21,429		36,111
Other creditors	15,440		17,596
	36,965		90,882