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Company Registration No. 09055222 (England and Wales)
T & B Property Solutions Kent Limited Unaudited accounts for the year ended 31 March 2023
T & B Property Solutions Kent Limited Unaudited accounts Contents
Page
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T & B Property Solutions Kent Limited Company Information for the year ended 31 March 2023
Directors
Christina BAKER Monica TOURLAMAIN
Company Number
09055222 (England and Wales)
Registered Office
WINTON HOUSE WINTON SQUARE BASINGSTOKE HAMPSHIRE RG21 8EN United Kingdom
Accountants
Cranleys Chartered Accountants Winton House Winton Square Basingstoke Hampshire RG21 8EN
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T & B Property Solutions Kent Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
779 
1,038 
Investment property
724,982 
724,982 
725,761 
726,020 
Current assets
Debtors
4,028 
4,028 
Cash at bank and in hand
39,638 
29,380 
43,666 
33,408 
Creditors: amounts falling due within one year
(255,000)
(255,000)
Net current liabilities
(211,334)
(221,592)
Total assets less current liabilities
514,427 
504,428 
Creditors: amounts falling due after more than one year
(575,629)
(575,629)
Net liabilities
(61,202)
(71,201)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(61,204)
(71,203)
Shareholders' funds
(61,202)
(71,201)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 9 November 2023 and were signed on its behalf by
Christina BAKER Director Company Registration No. 09055222
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T & B Property Solutions Kent Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
T & B Property Solutions Kent Limited is a private company, limited by shares, registered in England and Wales, registration number 09055222. The registered office is WINTON HOUSE, WINTON SQUARE, BASINGSTOKE, HAMPSHIRE, RG21 8EN, United Kingdom.
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.
Turnover
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 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:
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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T & B Property Solutions Kent Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
4,476 
414 
4,890 
At 31 March 2023
4,476 
414 
4,890 
Depreciation
At 1 April 2022
3,670 
182 
3,852 
Charge for the year
201 
58 
259 
At 31 March 2023
3,871 
240 
4,111 
Net book value
At 31 March 2023
605 
174 
779 
At 31 March 2022
806 
232 
1,038 
5
Investment property
2023 
£ 
Fair value at 1 April 2022
724,982 
At 31 March 2023
724,982 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,697 
2,697 
Other debtors
1,331 
1,331 
4,028 
4,028 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
255,000 
255,000 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Amounts owed to group undertakings and other participating interests
88,129 
88,129 
Other creditors
487,500 
487,500 
575,629 
575,629 
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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