IRIS Accounts Production v23.3.0.418 13134001 director 1.2.22 31.1.23 31.1.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh131340012022-01-31131340012023-01-31131340012022-02-012023-01-31131340012021-01-13131340012021-01-142022-01-31131340012022-01-3113134001ns10:Originalns15:EnglandWales2022-02-012023-01-3113134001ns14:PoundSterlingns10:Original2022-02-012023-01-3113134001ns10:Originalns10:Director12022-02-012023-01-3113134001ns10:Original2022-02-012023-01-3113134001ns10:Original2023-01-3113134001ns10:Originalns10:PrivateLimitedCompanyLtd2022-02-012023-01-3113134001ns10:Originalns10:SmallEntities2022-02-012023-01-3113134001ns10:Originalns10:AuditExempt-NoAccountantsReport2022-02-012023-01-3113134001ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3113134001ns10:SmallCompaniesRegimeForAccountsns10:Original2022-02-012023-01-3113134001ns10:Originalns10:FullAccounts2022-02-012023-01-3113134001ns10:Originalns10:RegisteredOffice2022-02-012023-01-3113134001ns10:Original2022-01-3113134001ns10:Originalns5:CurrentFinancialInstruments2023-01-3113134001ns10:Originalns5:CurrentFinancialInstruments2022-01-3113134001ns5:ShareCapitalns10:Original2023-01-3113134001ns5:ShareCapitalns10:Original2022-01-3113134001ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-3113134001ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-01-3113134001ns10:Originalns5:OwnedOrFreeholdAssetsns5:LandBuildings2022-02-012023-01-3113134001ns10:Originalns5:PlantMachinery2022-02-012023-01-3113134001ns10:Originalns5:FurnitureFittings2022-02-012023-01-3113134001ns10:Original2021-01-142022-01-3113134001ns10:Originalns5:LandBuildings2022-01-3113134001ns10:Originalns5:PlantMachinery2022-01-3113134001ns10:Originalns5:FurnitureFittings2022-01-3113134001ns10:Original2022-01-3113134001ns10:Originalns5:LandBuildings2022-02-012023-01-3113134001ns10:Originalns5:LandBuildings2023-01-3113134001ns10:Originalns5:PlantMachinery2023-01-3113134001ns10:Originalns5:FurnitureFittings2023-01-3113134001ns10:Originalns5:LandBuildings2022-01-3113134001ns10:Originalns5:PlantMachinery2022-01-3113134001ns10:Originalns5:FurnitureFittings2022-01-3113134001ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3113134001ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-01-31
REGISTERED NUMBER: 13134001 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2023

FOR

TESSMAC ESTATES LTD

TESSMAC ESTATES LTD (REGISTERED NUMBER: 13134001)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TESSMAC ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2023







DIRECTOR: G M McAndrew





REGISTERED OFFICE: 39 Yew Tree Road
Allerton
Liverpool
Merseyside
L18 3JN





REGISTERED NUMBER: 13134001 (England and Wales)





ACCOUNTANTS: John Kerr - Chartered Accountants
375 Eaton Road
West Derby
Liverpool
Merseyside
L12 2AH

TESSMAC ESTATES LTD (REGISTERED NUMBER: 13134001)

BALANCE SHEET
31 JANUARY 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 564,367 589,387

CURRENT ASSETS
Debtors 5 7,681 8,101
Cash at bank 85,015 62,868
92,696 70,969
CREDITORS
Amounts falling due within one year 6 637,021 646,517
NET CURRENT LIABILITIES (544,325 ) (575,548 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,042

13,839

PROVISIONS FOR LIABILITIES 6,950 4,201
NET ASSETS 13,092 9,638

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 13,091 9,637
13,092 9,638

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 October 2023 and were signed by:





G M McAndrew - Director


TESSMAC ESTATES LTD (REGISTERED NUMBER: 13134001)

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


1. STATUTORY INFORMATION

Tessmac Estates 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 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.

The company meets part of its day to day working capital requirements through interest free loans provided by a company under the control of the director.

No matters have been drawn to its attention to suggest that the ongoing availability of adequate financing facilities will not be forthcoming on acceptable terms.

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, he continues to adopt the going concern basis in preparing the financial statements. The financial statements do not include any adjustments that would result from a withdrawal of the financing facilities.

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 each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 10% on cost
Fixtures and fittings - 10% on cost

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

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

TESSMAC ESTATES LTD (REGISTERED NUMBER: 13134001)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 February 2022
and 31 January 2023 446,819 111,218 56,371 614,408
DEPRECIATION
At 1 February 2022 8,263 11,121 5,637 25,021
Charge for year 8,262 11,121 5,637 25,020
At 31 January 2023 16,525 22,242 11,274 50,041
NET BOOK VALUE
At 31 January 2023 430,294 88,976 45,097 564,367
At 31 January 2022 438,556 100,097 50,734 589,387

Included in cost of land and buildings is freehold land of £ 33,685 (2022 - £ 33,685 ) which is not depreciated.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors - 4,443
Other debtors 7,681 3,658
7,681 8,101

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade creditors 17,874 6,595
Taxation and social security 255 3,140
Other creditors 618,892 636,782
637,021 646,517