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REGISTERED NUMBER: 02083022 (England and Wales)















TAMPA BAY PROPERTIES LTD

ABRIDGED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018






TAMPA BAY PROPERTIES LTD (REGISTERED NUMBER: 02083022)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TAMPA BAY PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: K Majithia F.C.A.
J J Patel



SECRETARY: K Majithia F.C.A.



REGISTERED OFFICE: Sunmil House
Northgate
Northwood
Middlesex
HA6 2TH



REGISTERED NUMBER: 02083022 (England and Wales)



BANKERS: Lloyds TSB
160 - 162 High Street
Acton
London
W3 6RA

TAMPA BAY PROPERTIES LTD (REGISTERED NUMBER: 02083022)

ABRIDGED BALANCE SHEET
31 MARCH 2018

31.3.18 31.3.17
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,518 1,898
Investment property 5 1,370,000 1,370,000
1,371,518 1,371,898

CURRENT ASSETS
Debtors 1,372 2,015
Cash at bank 989,194 995,640
990,566 997,655
CREDITORS
Amounts falling due within one year (27,172 ) (44,512 )
NET CURRENT ASSETS 963,394 953,143
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,334,912

2,325,041

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 6 816,319 816,319
Retained earnings 1,517,593 1,507,722
SHAREHOLDERS' FUNDS 2,334,912 2,325,041

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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.

TAMPA BAY PROPERTIES LTD (REGISTERED NUMBER: 02083022)

ABRIDGED BALANCE SHEET - continued
31 MARCH 2018


The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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 on 6 August 2018 and were signed on its behalf by:





K Majithia F.C.A. - Director


TAMPA BAY PROPERTIES LTD (REGISTERED NUMBER: 02083022)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

1. STATUTORY INFORMATION

TAMPA BAY PROPERTIES LTD 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents gross rents receivable.

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.
Furniture and fittings - 20% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in the income statement and is ultimately shown in the fair value reserve. No
depreciation is provided on investment property.

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
The company operates a defined contribution pension scheme for its directors. The assets of the schemes are
held separately from those of the company in independently administered funds. The pension charge represents
contribution paid by the company to the scheme.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

TAMPA BAY PROPERTIES LTD (REGISTERED NUMBER: 02083022)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2017
and 31 March 2018 9,047
DEPRECIATION
At 1 April 2017 7,149
Charge for year 380
At 31 March 2018 7,529
NET BOOK VALUE
At 31 March 2018 1,518
At 31 March 2017 1,898

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2017
and 31 March 2018 1,370,000
NET BOOK VALUE
At 31 March 2018 1,370,000
At 31 March 2017 1,370,000

The investment property is stated at fair value at the date of the balance sheet as determined by the directors
based on their professional judgement in the industry.

6. RESERVES
Fair
value
reserve
£   
At 1 April 2017
and 31 March 2018 816,319