T L FUNCTIONS LTD.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: SC611963

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		531,809		550,954

			531,809		550,954
CURRENT ASSETS
Stocks	5	173,409		143,500
Debtors	6	8,159		-
Cash at bank and in hand		44,838		18,630

		226,406		162,130
Creditors: Amounts Falling Due Within One Year	7	(1,097,627 )		(948,486 )

NET CURRENT ASSETS (LIABILITIES)			(871,221 )		(786,356 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(339,412 )		(235,402 )

Creditors: Amounts Falling Due After More Than One Year	8		(5,857 )		(15,208 )

NET LIABILITIES			(345,269 )		(250,610 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(345,369 )		(250,710 )

SHAREHOLDERS' FUNDS			(345,269)		(250,610)

Page 1

Page 2

T L FUNCTIONS LTD.

Balance Sheet (continued)

As At 31 October 2025

For the year ending 31 October 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Rajinder Bains

Director

14 October 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

T L FUNCTIONS LTD. is a private company, limited by shares, incorporated in Scotland, registered number SC611963 . The registered office is 1 Eagle Street, Glasgow, G4 9XA.

The presentation currency of the financial statements is Sterling (£).

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

At 31 October 2025 the company had net liabilities of £345,269 (2024: £250,610). It is funded by OMI Facilities Ltd, which holds 50% of its shares, by its directors and by other connected lenders, and these balances are repayable on demand.

OMI Facilities Ltd has confirmed that it will continue to support the company and will not seek repayment of the amounts owed to it, where that would leave the company unable to meet its other liabilities, for at least twelve months from the date of approval of these financial statements. The directors therefore consider it appropriate to prepare the financial statements on a going concern basis.

However, the company's ability to continue depends on that support and on the other lenders not seeking repayment. This indicates a material uncertainty that may cast significant doubt on the company's ability to continue as a going concern. The financial statements do not include any adjustments that would result if the company were unable to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Page 3

Page 4

T L FUNCTIONS LTD.

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	N/A
Plant & Machinery	20% SL
Fixtures & Fittings	10% RB

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 8)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 November 2024	260,365	7,300	371,057	638,722
Additions	-	10,443	3,031	13,474

As at 31 October 2025	260,365	17,743	374,088	652,196

Depreciation
As at 1 November 2024	-	4,380	83,388	87,768
Provided during the period	-	3,549	29,070	32,619

As at 31 October 2025	-	7,929	112,458	120,387

Net Book Value
As at 31 October 2025	260,365	9,814	261,630	531,809

As at 1 November 2024	260,365	2,920	287,669	550,954

5. Stocks

	2025	2024
	£	£
Finished goods	173,409	143,500

Page 4

Page 5

T L FUNCTIONS LTD.

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	8,159	-

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	61,291	(1 )
Bank loans and overdrafts	10,782	10,782
Other creditors	1,007,965	933,316
Taxation and social security	17,589	4,389

	1,097,627	948,486

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	5,857	15,208

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

OMI Facilities Ltd holds 50% of the company's share capital. During the year it advanced £55,000 to the company and at 31 October 2025 the company owed it £328,000 (2024: £273,000).

CDB Properties Ltd controls OMI Facilities Ltd and is itself controlled by Mr R Bains, a director. At 31 October 2025 the company owed it £98,210 (2024: £98,210).

MBR Properties Ltd is under common control with the company. At 31 October 2025 the company owed it £230,250 (2024: £230,250).

Mr M Rashid is a close family member of Mr H M Rashid, a director. During the year he advanced £14,990 to the company and at 31 October 2025 the company owed him £53,990 (2024: £39,000).

At 31 October 2025 the company owed £203,612 (2024: £203,612) to Mr R Bains and £51,333 (2024: £54,595) to Mr H M Rashid, both directors. Mr R Bains' balance was repaid in full on 4 June 2026.

All of these balances are unsecured, interest free and repayable on demand.

Page 5

Page 6

T L FUNCTIONS LTD.

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

11. Controlling Party

The company's share capital is held equally by OMI Facilities Ltd and Mr H M Rashid, a director. There is no single ultimate controlling party.

Page 6