Company Registration No. 13125585 (England and Wales)
THIARA PROPERTIES LIMITED
Unaudited accounts
for the year ended 31 January 2023
THIARA PROPERTIES LIMITED
Unaudited accounts
Contents
THIARA PROPERTIES LIMITED
Company Information
for the year ended 31 January 2023
Director
Anvinder Singh THIARA
Company Number
13125585 (England and Wales)
Registered Office
10 EARLS MEADOW
WARWICK
CV34 6UA
ENGLAND
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
THIARA PROPERTIES LIMITED
Statement of financial position
as at 31 January 2023
Tangible assets
161,351
161,473
Cash at bank and in hand
4,710
1,418
Creditors: amounts falling due within one year
(63,885)
(62,260)
Net current liabilities
(59,175)
(60,842)
Total assets less current liabilities
102,176
100,631
Creditors: amounts falling due after more than one year
(115,480)
(115,480)
Net liabilities
(13,304)
(14,849)
Called up share capital
2
2
Profit and loss account
(13,306)
(14,851)
Shareholders' funds
(13,304)
(14,849)
For the year ending 31 January 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 September 2023 and were signed on its behalf by
Anvinder Singh THIARA
Director
Company Registration No. 13125585
THIARA PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 January 2023
THIARA PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13125585. The registered office is 10 EARLS MEADOW, WARWICK, CV34 6UA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not Depreciated
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 February 2022
160,986
650
161,636
At 31 January 2023
160,986
650
161,636
At 1 February 2022
-
163
163
Charge for the year
-
122
122
At 31 January 2023
-
285
285
At 31 January 2023
160,986
365
161,351
At 31 January 2022
160,986
487
161,473
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
62,509
61,370
THIARA PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
115,480
115,480
7
Transactions with related parties
During the year, the company received a loan amounting to £62,509 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).