1 July 2021 false No description of principal activity Taxfiler 2023.10 09108578business:PrivateLimitedCompanyLtd2021-07-012022-06-30 091085782021-06-30 091085782021-07-012022-06-30 09108578business:AuditExempt-NoAccountantsReport2021-07-012022-06-30 09108578business:FilletedAccounts2021-07-012022-06-30 091085782022-06-30 09108578business:Director12021-07-012022-06-30 09108578business:RegisteredOffice2021-07-012022-06-30 091085782021-06-30 09108578core:WithinOneYear2022-06-30 09108578core:WithinOneYear2021-06-30 09108578core:AfterOneYear2022-06-30 09108578core:AfterOneYear2021-06-30 09108578core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 09108578core:ShareCapitalcore:PreviouslyStatedAmount2021-06-30 09108578core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 09108578core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-06-30 09108578core:PreviouslyStatedAmount2022-06-30 09108578core:PreviouslyStatedAmount2021-06-30 09108578business:SmallEntities2021-07-012022-06-30 09108578countries:EnglandWales2021-07-012022-06-30 09108578core:FurnitureFittings2021-07-012022-06-30 09108578core:FurnitureFittings2021-06-30 09108578core:FurnitureFittings2022-06-30 091085782020-07-012021-06-30 iso4217:GBP xbrli:pure
Company Registration No. 09108578 (England and Wales)
69 TEMPLE STREET LTD Unaudited accounts for the year ended 30 June 2022
69 TEMPLE STREET LTD Unaudited accounts Contents
Page
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69 TEMPLE STREET LTD Company Information for the year ended 30 June 2022
Director
Guillaume De La Gorce
Company Number
09108578 (England and Wales)
Registered Office
TOUTHILL PLACE TOUTHILL CLOSE PETERBOROUGH PE1 1FU ENGLAND
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69 TEMPLE STREET LTD Statement of financial position as at 30 June 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,728 
Current assets
Inventories
1,814,391 
1,814,391 
Debtors
16,688 
6,870 
Cash at bank and in hand
4,067 
285 
1,835,146 
1,821,546 
Creditors: amounts falling due within one year
(7,815)
(6,745)
Net current assets
1,827,331 
1,814,801 
Total assets less current liabilities
1,827,331 
1,817,529 
Creditors: amounts falling due after more than one year
(2,260,542)
(2,233,439)
Net liabilities
(433,211)
(415,910)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(433,311)
(416,010)
Shareholders' funds
(433,211)
(415,910)
For the year ending 30 June 2022 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 3 November 2023 and were signed on its behalf by
Guillaume De La Gorce Director Company Registration No. 09108578
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69 TEMPLE STREET LTD Notes to the Accounts for the year ended 30 June 2022
1
Statutory information
69 TEMPLE STREET LTD is a private company, limited by shares, registered in England and Wales, registration number 09108578. The registered office is TOUTHILL PLACE, TOUTHILL CLOSE, PETERBOROUGH, PE1 1FU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash generating unit to which the asset belongs. The cash generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
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69 TEMPLE STREET LTD Notes to the Accounts for the year ended 30 June 2022
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 July 2021
10,912 
At 30 June 2022
10,912 
Depreciation
At 1 July 2021
8,184 
Charge for the year
2,728 
At 30 June 2022
10,912 
Net book value
At 30 June 2022
- 
At 30 June 2021
2,728 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,538 
6,870 
Other debtors
3,150 
- 
16,688 
6,870 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
7,815 
6,745 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
1,332,500 
1,332,500 
Amounts owed to group undertakings and other participating interests
928,042 
900,939 
2,260,542 
2,233,439 
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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