Company Registration No. 08189946 (England and Wales)
T&B Property Solutions Limited
Unaudited accounts
for the year ended 31 March 2023
T&B Property Solutions Limited
Unaudited accounts
Contents
T&B Property Solutions Limited
Company Information
for the year ended 31 March 2023
Directors
Christina Jane BAKER
Monica TOURLAMAIN
Company Number
08189946 (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
T&B Property Solutions Limited
Statement of financial position
as at 31 March 2023
Tangible assets
2,550,726
2,549,148
Cash at bank and in hand
93,660
73,635
Creditors: amounts falling due within one year
(15,995)
(19,152)
Net current assets
166,652
145,870
Total assets less current liabilities
2,720,481
2,698,121
Creditors: amounts falling due after more than one year
(2,067,404)
(2,051,441)
Net assets
653,077
646,680
Called up share capital
2
2
Revaluation reserve
825,298
825,298
Profit and loss account
(172,223)
(178,620)
Shareholders' funds
653,077
646,680
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 10 November 2023 and were signed on its behalf by
Christina Jane BAKER
Director
Company Registration No. 08189946
T&B Property Solutions Limited
Notes to the Accounts
for the year ended 31 March 2023
T&B Property Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 08189946. 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
T&B Property Solutions Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
2,545,000
22,749
4,499
2,572,248
At 31 March 2023
2,545,000
26,236
4,499
2,575,735
At 1 April 2022
-
19,283
3,817
23,100
Charge for the year
-
1,738
171
1,909
At 31 March 2023
-
21,021
3,988
25,009
At 31 March 2023
2,545,000
5,215
511
2,550,726
At 31 March 2022
2,545,000
3,466
682
2,549,148
5
Investments
Other investments
Valuation at 1 April 2022
3,103
Valuation at 31 March 2023
3,103
Amounts falling due within one year
Amounts due from group undertakings etc.
88,192
88,192
7
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
4,152
4,152
Loans from directors
8,009
15,000
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
2,005,738
1,979,715
T&B Property Solutions Limited
Notes to the Accounts
for the year ended 31 March 2023
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).