2022-07-012023-06-302023-06-30false13486523TAIWO PROPERTY 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TAIWO PROPERTY LTD

Registered Number
13486523
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2023

TAIWO PROPERTY LTD
Company Information
for the year from 1 July 2022 to 30 June 2023

Directors

TAIWO, Natalie Claire
TAIWO, Solomon Oladiran

Registered Address

15 Riverside Studios Amethyst Road
Newcastle Business Park
Newcastle Upon Tyne
NE4 7YL

Registered Number

13486523 (England and Wales)
TAIWO PROPERTY LTD
Statement of Financial Position
30 June 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets5205,776205,776
205,776205,776
Current assets
Debtors200-
Cash at bank and on hand4,2441,082
4,4441,082
Creditors amounts falling due within one year(284)(59)
Net current assets (liabilities)4,1601,023
Total assets less current liabilities209,936206,799
Creditors amounts falling due after one year(208,915)(208,354)
Net assets1,021(1,555)
Capital and reserves
Called up share capital100100
Profit and loss account921(1,655)
Shareholders' funds1,021(1,555)
The financial statements were approved and authorised for issue by the Board of Directors on 8 November 2023, and are signed on its behalf by:
TAIWO, Solomon Oladiran
Director
Registered Company No. 13486523
TAIWO PROPERTY LTD
Notes to the Financial Statements
for the year ended 30 June 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
4.Employee information

20232022
Average number of employees during the year00
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 July 22205,776
At 30 June 23205,776
Net book value
At 30 June 23205,776
At 30 June 22205,776