REGISTERED NUMBER: 05123388 (England and Wales)

TSF (COVENTRY) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 AUGUST 2024 TO 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Certified Accountants' Report

8

DIRECTOR:

M J Fellows

REGISTERED OFFICE:

c/o Equus Miller Limited

Brook House

47 High Street

Henley in Arden

B95 5AA

REGISTERED NUMBER:

05123388 (England and Wales)

ACCOUNTANTS:

Equus Miller Limited

Chartered Certified Accountants

Brook House

47 High Street

Henley in Arden

Warwickshire

B95 5AA

FIXED ASSETS

Tangible assets

4

44,084

50,865

CURRENT ASSETS

Stocks

20,320

28,737

Debtors

5

11,558

13,833

Cash at bank and in hand

8,329

22,712

40,207

65,282

CREDITORS

Amounts falling due within one year

6

106,616

204,326

NET CURRENT LIABILITIES

(66,409

)

(139,044

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(22,325

)

(88,179

)

CREDITORS

Amounts falling due after more than one year

7

7,330

17,104

NET LIABILITIES

(29,655

)

(105,283

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(29,755

)

(105,383

)

SHAREHOLDERS' FUNDS

(29,655

)

(105,283

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

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 director and authorised for issue on 9 October 2026 and were signed by:

M J Fellows - Director

1.	STATUTORY INFORMATION

TSF (Coventry) 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 at the balance sheet date, the company has net current liabilities amounting to £66,409. The director is optimistic that all creditors will be met and therefore the going concern basis is appropriate.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

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 period 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 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 5 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 August 2024

and 31 March 2025

52,380

17,375

83,451

153,206

DEPRECIATION

At 1 August 2024

46,488

15,324

40,529

102,341

Charge for period

785

273

5,723

6,781

At 31 March 2025

47,273

15,597

46,252

109,122

NET BOOK VALUE

At 31 March 2025

5,107

1,778

37,199

44,084

At 31 July 2024

5,892

2,051

42,922

50,865

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 August 2024

and 31 March 2025

45,620

DEPRECIATION

At 1 August 2024

9,124

Charge for period

4,866

At 31 March 2025

13,990

NET BOOK VALUE

At 31 March 2025

31,630

At 31 July 2024

36,496

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/7/24

£

£

Trade debtors

4,408

833

Amounts owed by group undertakings

-

10,000

Directors' loan accounts

4,150

-

Prepayments and accrued income

3,000

3,000

11,558

13,833

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/7/24

£

£

Hire purchase contracts

14,660

14,660

Trade creditors

30,872

59,337

Amounts owed to group undertakings

-

12,171

Amounts owed to associates

-

35,200

Social security & other taxes

2,208

2,067

VAT

29,208

21,274

Other creditors

17,972

52,557

Wages control

1,401

-

Accruals and deferred income

10,295

7,060

106,616

204,326

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/7/24

£

£

Hire purchase contracts

7,330

17,104

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/25

31/7/24

value:

£

£

51

Ordinary A

1

51

51

49

Ordinary B

1

49

49

100

100

9.

RESERVES

Retained

earnings

£

At 1 August 2024

(105,383

)

Profit for the period

75,628

At 31 March 2025

(29,755

)

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2025 and the year ended 31 July 2024:

31/3/25

31/7/24

£

£

M J Fellows

Balance outstanding at start of period

-

-

Amounts advanced

4,150

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

4,150

-

Interest has been charged on directors loan accounts at the prevailing rate charged by HMRC.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TSF (Coventry) Limited for the period ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the director of TSF (Coventry) Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of TSF (Coventry) Limited and state those matters that we have agreed to state to the director of TSF (Coventry) Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that TSF (Coventry) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of TSF (Coventry) Limited. You consider that TSF (Coventry) Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of TSF (Coventry) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Equus Miller Limited

Chartered Certified Accountants

Brook House

47 High Street

Henley in Arden

Warwickshire

B95 5AA

9 October 2026