TRESILLIAN PROPERTIES LIMITED

Company Registration Number:
15911524 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2026

Period of accounts

Start date: 1 September 2025

End date: 31 August 2026

TRESILLIAN PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2026

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TRESILLIAN PROPERTIES LIMITED

Directors' report period ended 31 August 2026

The directors present their report with the financial statements of the company for the period ended 31 August 2026

Principal activities of the company

The company facilitates the sale of timber and building materials, along with providing real estate and property management services. It also offers financial management services.

Company policy on disabled employees

The company is committed to providing equal opportunities to disabled employees and ensuring a fair and inclusive working environment. It supports their recruitment, training, career development, and retention, with reasonable adjustments made to accommodate their individual needs.

Additional information

The company has maintained a stable financial position alongside efficient and effective operations throughout the year. Management has consistently applied appropriate accounting policies, exercised reasonable and prudent judgement in making estimates, and prepared the report on a going concern basis. The company remains firmly committed to maintaining high standards of corporate governance and strengthening internal control systems to safeguard its assets and ensure the accuracy and reliability of financial and operational information. Furthermore, management acknowledges its ongoing responsibility to comply with all applicable laws and regulations, while taking all necessary and reasonable measures to prevent, identify, and address fraud and other irregularities in a timely manner.



Directors

The director shown below has held office during the whole of the period from
1 September 2025 to 31 August 2026

Robin Jo Mcewan

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 October 2026

And signed on behalf of the board by:
Name: Robin Jo Mcewan
Status: Director

TRESILLIAN PROPERTIES LIMITED

Profit And Loss Account

for the Period Ended 31 August 2026

2026 2025


£
£
Turnover: 20,483,312 11,899,022
Cost of sales: ( 7,322,546 ) ( 4,756,782 )
Gross profit(or loss): 13,160,766 7,142,240
Distribution costs: ( 222,745 ) ( 44,871 )
Administrative expenses: ( 2,733,599 ) ( 2,316,788 )
Other operating income: 54,051 13,267
Operating profit(or loss): 10,258,473 4,793,848
Interest payable and similar charges: ( 85,176 )
Profit(or loss) before tax: 10,173,297 4,793,848
Tax: ( 2,543,324 ) ( 1,198,462 )
Profit(or loss) for the financial year: 7,629,973 3,595,386

TRESILLIAN PROPERTIES LIMITED

Balance sheet

As at 31 August 2026

Notes 2026 2025


£
£
Fixed assets
Tangible assets: 3 625,028 557,833
Investments: 4 1,200,000 1,200,000
Total fixed assets: 1,825,028 1,757,833
Current assets
Stocks: 5 487,442 343,210
Debtors: 6 177,450 94,667
Cash at bank and in hand: 2,119,457 1,193,229
Investments: 7 582,337 459,811
Total current assets: 3,366,686 2,090,917
Prepayments and accrued income: 35,499 20,565
Creditors: amounts falling due within one year: 8 ( 377,552 ) ( 23,929 )
Net current assets (liabilities): 3,024,633 2,087,553
Total assets less current liabilities: 4,849,661 3,845,386
Creditors: amounts falling due after more than one year: 9 ( 100,000 )
Provision for liabilities: ( 5,486 )
Accruals and deferred income: ( 11,775 )
Total net assets (liabilities): 4,732,400 3,845,386
Capital and reserves
Called up share capital: 250,000 250,000
Profit and loss account: 4,482,400 3,595,386
Total Shareholders' funds: 4,732,400 3,845,386

The notes form part of these financial statements

TRESILLIAN PROPERTIES LIMITED

Balance sheet statements

For the year ending 31 August 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 20 October 2026
and signed on behalf of the board by:

Name: Robin Jo Mcewan
Status: Director

The notes form part of these financial statements

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover represents the total value of goods sold and services rendered by the company during the financial year, excluding value added tax (VAT) and any other recoverable taxes. Revenue is recognised in accordance with IFRS principles, ensuring it is measured reliably and recorded consistently in line with the transfer of control of goods or services to customers. For agency services relating to timber and building materials, turnover is recognised when the company has fulfilled its role in facilitating the transaction and has an enforceable right to its commission or fee. In the case of real estate activities, including agency and property management services, revenue is recognised when the relevant services are provided, either at a point in time or over the duration of the contract, depending on the nature of the agreement. For financial advisory services, turnover is recognised as the services are performed, with revenue recorded over time where services are delivered on an ongoing basis. The consideration receivable is measured at fair value, net of any discounts, rebates, or adjustments. The company routinely reviews its revenue recognition policies to ensure compliance with applicable accounting standards, consistency across reporting periods, and an accurate reflection of its operational performance. Key judgements and estimates are reassessed periodically to reflect current contractual terms and market conditions.

    Tangible fixed assets depreciation policy

    Depreciation is charged at the following annual rates to write off each asset over its estimated useful life: Machinery & Equipment (15% on reducing balance). Investment property is stated at the latest valuation. Any net surplus or deficit arising from changes in fair value is recognised in profit or loss.

    Valuation information and policy

    The company adopts a fair value approach to measuring its assets and liabilities. This approach ensures that assets and liabilities are recorded at their estimated fair market values, providing a more accurate reflection of the company’s financial position. The valuation process is conducted by qualified professionals using appropriate valuation methodologies and considering relevant market data and industry practices. Periodic reviews and updates of valuations are performed to maintain accuracy and relevance.

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 23 28

    The company follows a structured approach to recruitment and staffing to ensure it attracts and retains qualified and skilled personnel. Recruitment is carried out based on the company’s operational needs, with a focus on merit, experience, and potential. Job vacancies are advertised through appropriate channels, and candidates undergo a rigorous selection process, including interviews and reference checks. The company also invests in onboarding and induction programs to integrate new employees effectively, while continually monitoring workforce levels and skills to support business growth and succession planning. The company values its employees as a key asset and is committed to maintaining a supportive and inclusive workplace. As of the reporting date, the company employs a diverse workforce across various departments, including management, operations, finance, and technical roles. Employees are provided with training and development opportunities to enhance their skills and career progression. The company also places emphasis on employee well-being, health, and safety, implementing policies and practices in accordance with relevant laws and best practices. Equal opportunities are provided regardless of gender, disability, religion, or ethnic background. During the year, the company continued to engage with employees through frequent communications, feedback mechanisms, and performance appraisals to ensure alignment with the company’s objectives and foster a positive working environment.

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2025 372,514 79,335 51,332 27,627 27,025 557,833
Additions 61,556 7,885 1,322 34,000 104,763
Disposals
Revaluations
Transfers
At 31 August 2026 372,514 140,891 59,217 28,949 61,025 662,596
Depreciation
At 1 September 2025 0 0 0 0 0 0
Charge for year 18,625 6,615 740 2,412 9,176 37,568
On disposals
Other adjustments
At 31 August 2026 18,625 6,615 740 2,412 9,176 37,568
Net book value
At 31 August 2026 353,889 134,276 58,477 26,537 51,849 625,028
At 31 August 2025 372,514 79,335 51,332 27,627 27,025 557,833

Additions during the year represent the acquisition of real estate for both investment and operational purposes. The company also acquires timber development infrastructure for future diversification. Other assets were added to support the company’s operational and administrative needs. There were no disposals, revaluations, or transfers during the year. In addition, the closing balances represent the historical cost of the assets net of their accumulated depreciation.

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

4. Fixed assets investments note

The company holds long-term investments that are carried at cost and are intended to be retained for the foreseeable future. No indicators of impairment were identified during the year, and therefore no adjustment to the carrying value has been considered necessary. The carrying amount of fixed asset investments at the year end is £1,200,000. The directors regularly review the performance and strategic relevance of these investments to ensure they align with the long-term objectives of the company and deliver sustainable value. Income from fixed asset investments is recognised in profit or loss when the company’s right to receive payment has been established. The directors assess the recoverability of the carrying amount at each reporting date, taking into account the financial position and prospects of the entities invested in, as well as prevailing market conditions. Should any evidence of impairment arise, the carrying value would be written down to its recoverable amount and the loss recognised immediately in profit or loss.

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

5. Stocks

2026 2025
£ £
Stocks 465,737 275,999
Payments on account 21,705 67,211
Total 487,442 343,210

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

6. Debtors

2026 2025
£ £
Trade debtors 165,439 59,345
Prepayments and accrued income 944 33,279
Other debtors 11,067 2,043
Total 177,450 94,667

Debtors represent amounts due from our customers for facilities provided on credit, prepayments for services and other receivables. Management is confident of recovering these amounts in the coming months. The company also maintains an allowance for doubtful debts to account for potential losses from uncollectable debts. The allowance is based on a review of the ageing of the receivables and other factors. As of the reporting date, there is no allowance for doubtful debts.

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

7. Current assets investments note

The company holds current asset investments that are readily marketable and are intended to be held for short-term liquidity purposes. These investments are carried at cost, adjusted for any known impairment where applicable. During the year, no indicators of impairment were identified, and no adjustment to the carrying value was considered necessary. The carrying amount of current asset investments at the year end is £582,337. The directors routinely monitor these investments to ensure they continue to meet the company’s short-term financial objectives and provide effective liquidity management. Current asset investments are classified as such where they are expected to be realised within twelve months of the reporting date. The directors review the market value of these investments at each year end and compare it with their carrying amount. Where the market value is lower than cost, an impairment loss would be recognised immediately in profit or loss. Any income arising from these investments is recognised in the period in which it is earned.

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

8. Creditors: amounts falling due within one year note

2026 2025
£ £
Amounts due under finance leases and hire purchase contracts 40,000
Trade creditors 181,343 20,146
Taxation and social security 124,551
Accruals and deferred income 22,915 3,783
Other creditors 8,743
Total 377,552 23,929

Creditors represent the amount due to suppliers for procurement on deferred payment and any intercompany dues. The company has a policy to settle its current liabilities within a period of 30-60 days.

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

9. Creditors: amounts falling due after more than one year note

2026
£
Other creditors 100,000
Total 100,000

This represent a loan of £100,000 advanced to the company by director. The amount has been provided to support the company’s working capital and operational requirements, and it is included in the financial statements at the amount advanced.

TRESILLIAN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2026

10. Financial Commitments

The company’s financial commitments arise in the normal course of its principal activities, which include the facilitation of sales of timber and building materials, real estate and property management services, and financial management services. These commitments are principally linked to the acquisition and development of property and related infrastructure, the settlement of amounts due to suppliers, and the ongoing costs of operating and administering the business. Management monitors all commitments regularly to ensure they remain consistent with the company’s operational needs and strategic objectives. The company funds its commitments through cash generated from its trading and property activities, together with its liquid current asset investments and long-term financial support from its director. The directors consider that the company’s resources and the maturity profile of its liabilities are appropriately matched, and that sufficient liquidity is maintained to meet obligations as they fall due. Obligations to suppliers and other creditors are settled in line with the company’s established payment policy. The accounts have been prepared on a going concern basis, and the directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. There were no material commitments, contingent liabilities or arrangements at the year end, other than those disclosed in the notes to the financial statements, that would affect the company’s financial position. The directors remain committed to prudent financial management, strong corporate governance and sustainable long-term value for the company.