REGISTERED NUMBER: 11143176 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Tate Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S Tate

Mrs L C Tate

REGISTERED OFFICE:

12A Montpellier Parade

Harrogate

HG1 2TJ

REGISTERED NUMBER:

11143176 (England and Wales)

ACCOUNTANTS:

Stringer Mallard Business Services Ltd

12a Montpellier Parade

Harrogate

North Yorkshire

HG1 2TJ

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

-

1

-

1

CURRENT ASSETS

Stocks

4,870,575

114,639

Debtors

6

1,533

458,307

Cash at bank

8,323

3,004

4,880,431

575,950

CREDITORS

Amounts falling due within one year

7

2,137,660

17,322

NET CURRENT ASSETS

2,742,771

558,628

TOTAL ASSETS LESS CURRENT LIABILITIES

2,742,771

558,629

CREDITORS

Amounts falling due after more than one year

8

2,868,368

-

NET (LIABILITIES)/ASSETS

(125,597

)

558,629

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(125,697

)

558,529

(125,597

)

558,629

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 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.

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 27 October 2026 and were signed on its behalf by:

Mr S Tate - Director

1.	STATUTORY INFORMATION

Tate Estates 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulative impairment

losses. Initial cost includes the original purchase price of the asset and the costs attributable to bringing the

asset to its working condition for its intended use. Depreciation is provided at the following annual rates in

order to write off each asset over its estimated useful life.

Computer equipment

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

and 31 October 2025

190

DEPRECIATION

At 1 November 2024

and 31 October 2025

190

NET BOOK VALUE

At 31 October 2025

-

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 November 2024

1

Disposals

(1

)

At 31 October 2025

-

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

-

213,241

Other debtors

1,533

245,066

1,533

458,307

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,417

3,967

Amounts owed to group undertakings

2,122,508

3,000

Taxation and social security

(1,992

)

155

Other creditors

13,727

10,200

2,137,660

17,322

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,868,368

-

9.	RELATED PARTY DISCLOSURES

Harmil LLP

During the year the company paid invoices totalling £3,526 (2024 - £nil) on behalf of Harmil LLP (an LLP of which S Tate and L C Tate are members). As at 31 October 2025 the balanced owed was £3,526 (2024 - £nil).

Shawbeck Holdings Limited

During the year there were no transactions involving Shawbeck Holdings Limited (a company controlled by S Tate and L C Tate). As at 31 October 2025 the Company was owed £6,590 (2024 - £6,590).

Industrial Development Projects Limited

During the year the company was paid the full amount due from Industrial Development Projects Limited (50% owned by Tate Group Limited, the parent entity of Tate Estates Limited). In the prior year Tate Estates Limited transferred 50 shares in Industrial Development Projects Limited to Tate Group Limited, its Parent Entity. At 31 October 2025 Industrial Development Projects Limited owed the Company £nil (2024 - £242,660).

10.	ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of Tate Group Limited, which is the largest and smallest group for which the group accounts are prepared. Accounts can be obtained from 12a Montpellier Parade, Harrogate, HG1 2TJ.