THAKRAR DAVIES INVESTMENTS LIMITED

Company Registration Number:
06514502 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

THAKRAR DAVIES INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

THAKRAR DAVIES INVESTMENTS LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 120,000 120,000
Total fixed assets: 120,000 120,000
Current assets
Debtors: 4 0 8,000
Cash at bank and in hand: 11,115 60
Total current assets: 11,115 8,060
Creditors: amounts falling due within one year: 5 (5,398) (5,397)
Net current assets (liabilities): 5,717 2,663
Total assets less current liabilities: 125,717 122,663
Creditors: amounts falling due after more than one year: 6 (81,000) (81,000)
Provision for liabilities: (6,167) (4,687)
Total net assets (liabilities): 38,550 36,976
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 38,548 36,974
Shareholders funds: 38,550 36,976

The notes form part of these financial statements

THAKRAR DAVIES INVESTMENTS LIMITED

Balance sheet statements

For the year ending 28 February 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 October 2023
and signed on behalf of the board by:

Name: Mr R J Davies
Status: Director

The notes form part of these financial statements

THAKRAR DAVIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

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

Turnover policy

Turnover comprises the rental income received by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets and depreciation policy

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives.

Other accounting policies

Investment propertyInvestment properties are included in the balance sheet at their fair value at the balance sheet date. The resulting aggregate surplus or deficit is recognised in the income statement. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

THAKRAR DAVIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

THAKRAR DAVIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 120,000
At 28 February 2023 120,000
Net book value
At 28 February 2023 120,000
At 28 February 2022 120,000

THAKRAR DAVIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Debtors

Debtors comprise of : Amounts owed by group undertakings and participating interests - £nil (2022 - £8,000)

THAKRAR DAVIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Creditors: amounts falling due within one year note

Other creditors - £5,398 (2022 - £5,397)

THAKRAR DAVIES INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Creditors: amounts falling due after more than one year note

Bank loans and overdraft (secured) - £81,000 (2022 - £81,000)Bank loans and overdraft are secured against the assets to which they relate.