Company Registration No. 10906975 (England and Wales)
TORBAY INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 January 2026
TORBAY INVESTMENTS LIMITED
Unaudited accounts
Contents
TORBAY INVESTMENTS LIMITED
Company Information
for the year ended 31 January 2026
Directors
Mr D Thompson
Mr J Thompson
Secretary
Mrs Catherine Flannery
Company Number
10906975 (England and Wales)
Registered Office
6 Orchard Close
Ogwell
Newton Abbot
DEVON
TQ12 6AL
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
TORBAY INVESTMENTS LIMITED
Statement of financial position
as at 31 January 2026
Tangible assets
2,603,891
2,603,223
Cash at bank and in hand
2,508
34,470
Creditors: amounts falling due within one year
(887,306)
(897,746)
Net current liabilities
(886,759)
(861,460)
Total assets less current liabilities
1,717,132
1,741,763
Creditors: amounts falling due after more than one year
(567,414)
(617,409)
Provisions for liabilities
Deferred tax
(182,506)
(182,506)
Net assets
967,212
941,848
Called up share capital
100
100
Profit and loss account
967,112
941,748
Shareholders' funds
967,212
941,848
For the year ending 31 January 2026 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2026 and were signed on its behalf by
Mr D Thompson
Director
Company Registration No. 10906975
TORBAY INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 January 2026
TORBAY INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10906975. The registered office is 6 Orchard Close, Ogwell, Newton Abbot, DEVON, TQ12 6AL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 accounts. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% Reducing Balance Basis
Computer equipment
18% Reducing Balance Basis
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2025
2,602,753
699
2,603,452
At 31 January 2026
2,602,753
1,624
2,604,377
At 1 February 2025
-
229
229
Charge for the year
-
257
257
At 31 January 2026
-
486
486
At 31 January 2026
2,602,753
1,138
2,603,891
At 31 January 2025
2,602,753
470
2,603,223
TORBAY INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 January 2026
Amounts falling due within one year
Trade debtors
(3,928)
(177)
Accrued income and prepayments
1,967
1,993
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
16,644
16,644
Taxes and social security
6,027
15,664
Loans from directors
801,787
784,248
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
567,414
617,409
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).