Registered number
03940404
Trademark Property And Investments Limited
Unaudited Filleted Accounts
31 March 2023
Smithfield Accountants LLP
Suite 1, Unit 2,
Stansted Courtyard
Takeley
Essex CM22 6PU
_________________________
Trademark Property And Investments Limited
Registered number: 03940404
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 5,677,500 5,707,500
Investments 4 72,050 72,050
5,749,550 5,779,550
Stocks 217,511 217,511
Debtors 5 294,191 43,396
Cash at bank and in hand 8,190 5,000
519,892 265,907
Creditors: amounts falling due within one year 6 (410,798) (87,240)
#NAME? 109,094 178,667
Total assets less current liabilities 5,858,644 5,958,217
Creditors: amounts falling due after more than one year 7 (39,222) (40,277)
Provisions for liabilities (534,141) (541,641)
#NAME? £ 5,285,281 £ 5,376,299
Called up share capital 1 1
Revaluation reserve 9 2,800,549 2,823,049
Profit and loss account 2,484,731 2,553,249
Shareholder's funds £ 5,285,281 £ 5,376,299
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
T G McMillan
Director
Approved by the board on 15.11.2023
Trademark Property And Investments Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

The company is an intermediate holding company and consolidated group accounts are prepared for it and its subsidiary by the ultimate holding company, The Trademark Group Ltd. The company has therefore taken advantage of the exemption provided by Section 400 of the Companies Act 2006 not to prepare group accounts. These accounts therefore give information relating to the company as an individual undertaking, and not about its group.
Turnover
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. 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.
Investment property
Investment property is initially recognised at cost and then subsequently measured at fair value. Changes in value are recognised in other comprehensive income.
Investments
Investments in group companies are carried at cost and consolidated into the group accounts prepared by The Trademark Group Limited. Other investments are measured at fair value. Changes in value are recognised in other comprehensive income.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Investment property
£
Valuation
At 1 April 2022 5,707,500
Surplus on revaluation (30,000)
At 31 March 2023 £ 5,677,500
Freehold land and buildings: 2023 2022
£ £
Historical cost £ 2,342,810 £ 2,342,810
Investment properties with a value of £277,500 Were valued at Open Market Value by Knight Frank LLP on 14th October 2021. The valuer is a qualified MRICS. Investment properties with a value of £5,400,000 were valued by Paragon Bank on 19th May 2023.

Compliance with the FRS 102 is a departure from the Companies Act 2006 necessary to give a true and fair view.
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 April 2022 72,050
At 31 March 2023 £ 72,050
The company owns 100% of David Edward Property & Development Ltd.,, a company incorporated in England & Wales.
5 Debtors 2023 2022
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 273,747 23,397
Other debtors 16,072 16,410
Prepayments & accrued income 4,372 3,589
£ 294,191 £ 43,396
6 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 5,556 5,556
Trade creditors 25,390 25,958
Amounts owed to group undertakings and undertakings in which the company has a participating interest 372,628 45,146
Taxation and social security costs 962 872
Accruals & deferred income 6,262 9,708
£ 410,798 £ 87,240
7 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 34,722 40,277
Trade creditors 4,500 -
£ 39,222 £ 40,277
8 Loans 2023 2022
£ £
Creditors include:
Instalments falling due for payment after more than five years £ 12,500 £ 18,085
9 Revaluation reserve 2023 2022
£ £
At 1 April 2022 2,823,049 2,953,043
Loss on revaluation of land and buildings (30,000) -
Deferred taxation arising on the revaluation of land and buildings 7,500 (129,994)
At 31 March 2023 £ 2,800,549 £ 2,823,049
10 Contingent liabilities
The company has entered into a group banking arrangement with its fellow group companies and has given an unlimited cross guarantee and debenture to secure group borrowings. The borrowings secured under this arrangement at the Balance Sheet date were £7,415,000 (2022 - £7,146,000). The director does not anticipate that these arrangements will result in any loss to the company.
11 Related party transactions
The company is exempt from disclosing transactions with fellow group companies under Section 33-1A of FRS102 as it is a wholly owned group.
12 Controlling party
The company's ultimate holding company is The Trademark Group Ltd, a company incorporated in England & Wales, whose principal place of business is Studio One, 197 Long Lane, London SE1 4PD. The Trademark Group Ltd is controlled by Mr T G McMillan. Accounts for The Trademark Group Ltd can be obtained from Companies House, Crown Way, Cardiff CF14 3UZ.
13 Other information
Trademark Property And Investments Limited is a private company limited by shares and incorporated in England. Its registered office is:
Studio One
197 Long Lane
London
SE1 4PD
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