T.S.S. Facilities Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01027457 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

T.S.S. FACILITIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D Tugwell

C R Tugwell

A J Tugwell

J Beresford-Ward

K J Boulter

SECRETARY:

C R Tugwell

REGISTERED OFFICE:

60 Lansdowne Place

Hove

East Sussex

BN3 1FG

REGISTERED NUMBER:

01027457 (England and Wales)

ACCOUNTANTS:

Watson Associates (Professional Services) Ltd

30 - 34 North Street

Hailsham

East Sussex

BN27 1DW

FIXED ASSETS

Tangible assets

4

200,986

230,814

CURRENT ASSETS

Stocks

221,018

223,646

Debtors

5

1,401,917

990,170

Cash at bank

1,097,446

850,556

2,720,381

2,064,372

CREDITORS

Amounts falling due within one year

6

(2,161,179

)

(1,628,264

)

NET CURRENT ASSETS

559,202

436,108

TOTAL ASSETS LESS CURRENT
LIABILITIES

760,188

666,922

PROVISIONS FOR LIABILITIES

(46,592

)

(54,915

)

NET ASSETS

713,596

612,007

CAPITAL AND RESERVES

Called up share capital

8

57,783

Share premium

8,034

Retained earnings

647,779

546,190

SHAREHOLDERS' FUNDS

713,596

612,007

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 November 2026 and were signed on its behalf by:

C R Tugwell - Director

1.	STATUTORY INFORMATION

T.S.S. Facilities 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.

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance and over term of lease

Motor vehicles

-

15% on reducing balance

No provision for depreciation is made in respect of the freehold properties as the directors consider such a charge to be immaterial.

Stocks

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 items.

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.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

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 year was 44 (2025 - 46 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

COST

At 1 April 2025

203,305

486,885

4,585

694,775

Additions

-

11,100

-

11,100

At 31 March 2026

203,305

497,985

4,585

705,875

DEPRECIATION

At 1 April 2025

136,513

323,522

3,926

463,961

Charge for year

9,991

30,838

99

40,928

At 31 March 2026

146,504

354,360

4,025

504,889

NET BOOK VALUE

At 31 March 2026

56,801

143,625

560

200,986

At 31 March 2025

66,792

163,363

659

230,814

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

1,018,377

653,339

Other debtors

383,540

336,831

1,401,917

990,170

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Bank loans and overdrafts

22,204

-

Trade creditors

939,058

797,615

Amounts owed to group undertakings

13,000

15,000

Taxation and social security

400,065

365,115

Other creditors

786,852

450,534

2,161,179

1,628,264

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

Within one year

46,000

96,000

Between one and five years

184,000

176,167

In more than five years

80,500

-

310,500

272,167

Operating lease agreements as lessor

The company sub-lets a property to third parties.

Future minimum lease rentals receivable under non-cancellable operating leases are as follows:

2026

2025

£

Within one year

20,130

29,688

Between one and five years

-

2,167

31,854

31,855

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

50,000

Ordinary 'A'

£1

50,000

2,000

Ordinary 'B'

£1

2,000

1

Ordinary 'C'

£1

1

Ordinary 'D'

£1

1

Ordinary 'E'

£1

1

5,780

Ordinary 'F'

£1

5,780

57,783

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

A J Tugwell

Balance outstanding at start of year

(2,965

)

(110

)

Amounts advanced

31,199

8,645

Amounts repaid

(28,247

)

(11,500

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(13

)

(2,965

)

C R Tugwell

Balance outstanding at start of year

(2,701

)

(39

)

Amounts advanced

31,341

8,838

Amounts repaid

(28,924

)

(11,500

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(284

)

(2,701

)

S D Tugwell

Balance outstanding at start of year

(219

)

(76

)

Amounts advanced

32,229

11,357

Amounts repaid

(32,047

)

(11,500

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(37

)

(219

)

10.	ULTIMATE CONTROLLING PARTY

The directors A J Tugwell, S D Tugwell, and C R Tugwell, have a controlling interest in the share capital of the company.