TIDEWATER PROPERTY LIMITED

Company Registration Number:
03697134 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

TIDEWATER PROPERTY LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TIDEWATER PROPERTY LIMITED

Company Information

for the Period Ended 31 December 2021




Director: Robert Thomas
Edelyn Thomas
Gabrielle Thomas
Alexander Thomas
Secretary: Alexander Thomas
Registered office: Hadham House
Burnt Oak Road
High Hurstwood
Uckfield
E. Sussex
TN22 4AE
Company Registration Number: 03697134 (England and Wales)

TIDEWATER PROPERTY LIMITED

Directors' Report Period Ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal Activities

Property management

Directors

The director(s) shown below were appointed to the company during the period
Robert Thomas
01 January 2021
Edelyn Thomas
01 January 2021
Gabrielle Thomas
01 January 2021
Alexander Thomas
01 January 2021

The director(s) shown below resigned during the period
Robert Thomas
11 October 2021
Gabrielle Thomas
11 October 2021

Secretary
Alexander Thomas

This report was approved by the board of directors on 28 August 2022
And Signed On Behalf Of The Board By:

Name: Alexander Thomas
Status: Director

TIDEWATER PROPERTY LIMITED

Profit and Loss Account

for the Period Ended 31 December 2021


Notes

2021
£

2020
£
Turnover 52,824 60,426
Cost of sales ( 0 ) ( 0 )
Gross Profit or (Loss) 52,824 60,426
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 33,266 ) ( 29,503 )
Other operating income 0 0
Operating Profit or (Loss) 19,558 30,923
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 1,809 ) ( 2,187 )
Profit or (Loss) Before Tax 17,749 28,736
Tax on Profit ( 3,372 ) ( 5,460 )
Profit or (Loss) for Period 14,377 23,276

The notes form part of these financial statements

TIDEWATER PROPERTY LIMITED

Balance sheet

As at 31 December 2021


Notes

2021
£

2020
£
Fixed assets
Tangible assets: 4 1,050,000 1,020,000
Total fixed assets: 1,050,000 1,020,000
Current assets
Stocks: 0 0
Debtors: 5 33 29
Cash at bank and in hand: 10,162 19,308
Total current assets: 10,195 19,337
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 6 ( 4,852 ) ( 7,370 )
Net current assets (liabilities): 5,343 11,967
Total assets less current liabilities: 1,055,343 1,031,967
Creditors: amounts falling due after more than one year: 7 ( 193,476 ) ( 197,339 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 861,867 834,628

The notes form part of these financial statements

TIDEWATER PROPERTY LIMITED

Balance sheet continued

As at 31 December 2021


Notes

2021
£

2020
£
Capital and reserves
Called up share capital: 85,000 85,000
Revaluation reserve: 8 460,221 447,359
Profit and loss account: 316,646 302,269
Shareholders funds: 861,867 834,628

For the year ending 31 December 2021 the company was entitled to exemption 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.

This report was approved by the board of directors on 28 August 2022
And Signed On Behalf Of The Board By:

Name: Alexander Thomas
Status: Director

The notes form part of these financial statements

TIDEWATER PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TIDEWATER PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees


    2021

    2020
    Average number of employees during the period 1 1

TIDEWATER PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

TIDEWATER PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 January 2021 1,020,000 1,020,000
Additions 0 0
Disposals ( 0 ) ( 0 )
Revaluations 30,000 30,000
Transfers 0 0
At 31 December 2021 1,050,000 1,050,000
Depreciation
At 01 January 2021 0 0
Charge for year 0 0
On disposals ( 0 ) ( 0 )
Other adjustments 0 0
At 31 December 2021 0 0
Net book value
At 31 December 2021 1,050,000 1,050,000
At 31 December 2020 1,020,000 1,020,000

TIDEWATER PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Debtors


2021
£

2020
£
Trade debtors 33 29
Prepayments and accrued income 0 0
Other debtors 0 0
Total 33 29
Debtors due after more than one year: 0 0

TIDEWATER PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6.Creditors: amounts falling due within one year note


2021
£

2020
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 1,619 2,051
Taxation and social security 3,233 5,319
Accruals and deferred income 0 0
Other creditors 0 0
Total 4,852 7,370

TIDEWATER PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

7.Creditors: amounts falling due after more than one year


2021
£

2020
£
Bank loans and overdrafts 113,500 113,500
Other creditors 79,976 83,839
Total 193,476 197,339

TIDEWATER PROPERTY LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

8. Revaluation reserve


2021
£
Balance at 01 January 2021 447,359
Surplus or deficit after revaluation 12,862
Balance at 31 December 2021 460,221