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REGISTERED NUMBER: 03210993 (England and Wales)














Financial Statements

for the Year Ended 31 March 2023

for

Tablecheck Limited

Tablecheck Limited (Registered number: 03210993)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tablecheck Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: A L Skeete
A J Skeete





REGISTERED OFFICE: 159 Smithdown Road
Wavertree
Liverpool
Merseyside
L15 2HD





REGISTERED NUMBER: 03210993 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

Tablecheck Limited (Registered number: 03210993)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 262,410 -
Tangible assets 5 1,243,744 775,323
Investments 6 1,605 -
Investment property 7 26,123,000 15,342,000
27,630,759 16,117,323

CURRENT ASSETS
Debtors 8 1,393,705 866,925
Cash at bank 1,886,702 147,301
3,280,407 1,014,226
CREDITORS
Amounts falling due within one year 9 860,700 585,883
NET CURRENT ASSETS 2,419,707 428,343
TOTAL ASSETS LESS CURRENT LIABILITIES 30,050,466 16,545,666

CREDITORS
Amounts falling due after more than one year 10 (16,183,484 ) (9,215,883 )

PROVISIONS FOR LIABILITIES (2,463,416 ) (609,875 )
NET ASSETS 11,403,566 6,719,908

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 12 9,674,556 4,836,902
Retained earnings 12 1,728,010 1,882,006
SHAREHOLDERS' FUNDS 11,403,566 6,719,908

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Tablecheck Limited (Registered number: 03210993)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by:




A L Skeete - Director



A J Skeete - Director


Tablecheck Limited (Registered number: 03210993)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Tablecheck Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents property rentals due from tenants for the year, together with breakage and arrears claims recovered from deposits. Rental income is recognised on an accruals basis. Breakage claims are recorded as and when recovered.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Crypto currency are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Tablecheck Limited (Registered number: 03210993)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 262,410
At 31 March 2023 262,410
NET BOOK VALUE
At 31 March 2023 262,410

Tablecheck Limited (Registered number: 03210993)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 548,307 20,439 357,292 33,575 959,613
Additions 493,328 - 152,204 2,156 647,688
Disposals - - (149,995 ) - (149,995 )
At 31 March 2023 1,041,635 20,439 359,501 35,731 1,457,306
DEPRECIATION
At 1 April 2022 - 20,439 130,520 33,331 184,290
Charge for year - - 71,833 486 72,319
Eliminated on disposal - - (43,047 ) - (43,047 )
At 31 March 2023 - 20,439 159,306 33,817 213,562
NET BOOK VALUE
At 31 March 2023 1,041,635 - 200,195 1,914 1,243,744
At 31 March 2022 548,307 - 226,772 244 775,323

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 April 2022 357,292
Additions 152,204
Disposals (149,995 )
At 31 March 2023 359,501
DEPRECIATION
At 1 April 2022 130,520
Charge for year 71,833
Eliminated on disposal (43,047 )
At 31 March 2023 159,306
NET BOOK VALUE
At 31 March 2023 200,195
At 31 March 2022 226,772

Tablecheck Limited (Registered number: 03210993)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


6. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.23 31.3.22
£    £   
No description 1,605 -

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022 15,342,000
Additions 4,089,806
Revaluations 6,691,194
At 31 March 2023 26,123,000
NET BOOK VALUE
At 31 March 2023 26,123,000
At 31 March 2022 15,342,000

Fair value at 31 March 2023 is represented by:
£   
Valuation in 2019 12,509,823
Valuation in 2020 (60,000 )
Valuation in 2021 2,752,177
Valuation in 2022 140,000
Valuation in 2023 10,781,000
26,123,000

If investment property had not been revalued it would have been included at the following historical cost:

31.3.23 31.3.22
£    £   
Cost 14,069,809 9,980,002

Investment property was valued on an open market basis on 31 March 2018 by the directors .

8. DEBTORS
31.3.23 31.3.22
£    £   
Amounts falling due within one year:
Amounts owed by group undertakings 627,609 616,000
Other debtors 409,692 250,925
1,037,301 866,925

Tablecheck Limited (Registered number: 03210993)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


8. DEBTORS - continued
31.3.23 31.3.22
£    £   
Amounts falling due after more than one year:
Other debtors 356,404 -

Aggregate amounts 1,393,705 866,925

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 747,848 360,365
Hire purchase contracts 42,830 40,777
Taxation and social security 4,488 60,168
Other creditors 65,534 124,573
860,700 585,883

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans 15,977,041 8,989,701
Hire purchase contracts 206,443 226,182
16,183,484 9,215,883

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 12,299,645 1,149,102

11. SECURED DEBTS

The following secured debts are included within creditors:

31.3.23 31.3.22
£    £   
Bank loans 16,724,889 9,350,066
Hire purchase contracts 249,273 266,959
16,974,162 9,617,025

The bank loans are secured by the investment properties.
The hire purchase balance is secured over the asset to which it relates.

Tablecheck Limited (Registered number: 03210993)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


12. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2022 1,882,006 4,836,902 6,718,908
Profit for the year 28,571 28,571
Dividends (182,567 ) (182,567 )
Revaluation in year - 6,691,194 6,691,194
Deferred capital gains tax - (1,853,540 ) (1,853,540 )
At 31 March 2023 1,728,010 9,674,556 11,402,566

13. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£    £   
A L Skeete
Balance outstanding at start of year 122,095 82,823
Amounts advanced 201,015 124,523
Amounts repaid (190,000 ) (85,251 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 133,110 122,095

A J Skeete
Balance outstanding at start of year - 326
Amounts advanced - 48,000
Amounts repaid - (48,326 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

14. ULTIMATE CONTROLLING PARTY

The controlling party is Tablecheck (Liverpool) Limited.