REGISTERED NUMBER: 16012814 (England and Wales)

Unaudited Financial Statements

for the Period 11 October 2024 to 28 February 2026

for

Tardis Commercial Property Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C Boydon

R Boydon

REGISTERED OFFICE:

Site 4

Halesfield 21

Telford

Shropshire

TF7 4PA

REGISTERED NUMBER:

16012814 (England and Wales)

FIXED ASSETS

Tangible assets

4

57,846

Investments

5

26,047,570

Investment property

6

9,387,062

35,492,478

CURRENT ASSETS

Debtors

497,430

Cash at bank

1,720,774

2,218,204

CREDITORS

Amounts falling due within one year

2,124,696

NET CURRENT ASSETS

93,508

TOTAL ASSETS LESS CURRENT LIABILITIES

35,585,986

PROVISIONS FOR LIABILITIES

90,500

NET ASSETS

35,495,486

CAPITAL AND RESERVES

Called up share capital

7

35,200,000

Retained earnings

295,486

SHAREHOLDERS' FUNDS

35,495,486

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 2026 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2026 and were signed on its behalf by:

R Boydon - Director

1.	STATUTORY INFORMATION

Tardis Commercial Property 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

2% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

The company does not have any other basic financial instruments.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 period 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.

Basis of preparation and exemption from consolidation

The company is a parent company that falls within the small companies regime of the Companies Act 2006. The company has taken advantage of the exemption conferred by Section 399 of the Companies Act 2006 not to prepare consolidated financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

Reclassification of Property

(3,607,450

)

Intercompany transfer

3,667,706

At 28 February 2026

60,256

DEPRECIATION

Charge for period

1,205

Intercompany transfer

1,205

At 28 February 2026

2,410

NET BOOK VALUE

At 28 February 2026

57,846

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

Additions

68,950,000

Disposals

(33,750,000

)

Impairments

(9,152,430

)

At 28 February 2026

26,047,570

NET BOOK VALUE

At 28 February 2026

26,047,570

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Revaluations

293,683

Reclassification of Property

3,607,450

Intercompany transfer

5,485,929

At 28 February 2026

9,387,062

NET BOOK VALUE

At 28 February 2026

9,387,062

Fair value at 28 February 2026 is represented by:

£

Valuation in 2026

293,683

Cost

9,093,379

9,387,062

During the year the directors have revalued the investment properties to fair value.

7.	CALLED UP SHARE CAPITAL

2026

Ordinary

31,249,875

Ordinary A

3,511,222

Ordinary B

351,122

Ordinary C

87,781

35,200,000

During the year the following shares were issued at £1 nominal value.

2026

Ordinary

31,249,875

Ordinary A

3,511,222

Ordinary B

351,122

Ordinary C

87,781

35,200,000

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 February 2026:

£

R Boydon

Balance outstanding at start of period

-

Amounts advanced

722,869

Amounts repaid

(320,000

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

402,869

The director loans are repayable within 12 months and interest free.

9.	RELATED PARTY DISCLOSURES

In March 2025, the company received an investment portfolio of properties byway of an in-specie distribution (book value from its wholly-owed subsidiary, Tardis Environmental UK (Holdings) Ltd. Both companies are under joint common control by the shareholders.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is both C Boydon and R Boydon who are trustees of the Chris Boydon Discretionary Trust.