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REGISTERED NUMBER: 11729507 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

TRELOAN BARN LIMITED

TRELOAN BARN LIMITED (REGISTERED NUMBER: 11729507)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRELOAN BARN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mrs J C King
Mr I C King





SECRETARY: Mr I C King





REGISTERED OFFICE: Murrills House
48 East Street
Portchester
Hampshire
PO16 9XS





BUSINESS ADDRESS: Bay Tree House
Fox Pond Lane
Lymington
Hampshire
SO41 8FW





REGISTERED NUMBER: 11729507 (England and Wales)





ACCOUNTANTS: Casson Beckman
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

TRELOAN BARN LIMITED (REGISTERED NUMBER: 11729507)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,935 21,040
Investment property 5 855,441 855,441
872,376 876,481

CURRENT ASSETS
Debtors 6 3,052 10,547
Cash at bank 6,527 56,835
9,579 67,382
CREDITORS
Amounts falling due within one year 7 28,248 93,510
NET CURRENT LIABILITIES (18,669 ) (26,128 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

853,707

850,353

CREDITORS
Amounts falling due after more than one year 8 (850,000 ) (850,000 )

PROVISIONS FOR LIABILITIES (1,342 ) -
NET ASSETS 2,365 353

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,364 352
SHAREHOLDERS' FUNDS 2,365 353

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

TRELOAN BARN LIMITED (REGISTERED NUMBER: 11729507)

BALANCE SHEET - continued
31 MARCH 2023


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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 October 2023 and were signed on its behalf by:




Mr I C King - Director



Mrs J C King - Director


TRELOAN BARN LIMITED (REGISTERED NUMBER: 11729507)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Treloan Barn 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.

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


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 represents rental of a furnished holiday let net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is held at cost value.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - NIL ) .

TRELOAN BARN LIMITED (REGISTERED NUMBER: 11729507)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2022 33,704
Additions 1,541
At 31 March 2023 35,245
DEPRECIATION
At 1 April 2022 12,664
Charge for year 5,646
At 31 March 2023 18,310
NET BOOK VALUE
At 31 March 2023 16,935
At 31 March 2022 21,040

5. INVESTMENT PROPERTY
Total
£   
COST
At 1 April 2022
and 31 March 2023 855,441
NET BOOK VALUE
At 31 March 2023 855,441
At 31 March 2022 855,441

Investment property is held at cost value.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,052 6,583
Other debtors - 3,964
3,052 10,547

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,065 44,773
Taxation and social security 534 -
Other creditors 25,649 48,737
28,248 93,510

TRELOAN BARN LIMITED (REGISTERED NUMBER: 11729507)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 850,000 850,000