Company Registration No. 13234366 (England and Wales)
TEMPLE GREEN ESTATES LTD
Unaudited accounts
for the year ended 31 March 2023
TEMPLE GREEN ESTATES LTD
Unaudited accounts
Contents
TEMPLE GREEN ESTATES LTD
Company Information
for the year ended 31 March 2023
Directors
Jaison Patel
Hunsal Sharad Atul Patel
Company Number
13234366 (England and Wales)
Registered Office
73 Hill Rise
Greenford
UB6 8PE
England
Accountants
PRO-TAXMAN LTD
98
ROSEBERY ROAD
HOUNSLOW
MIDDLESEX
TW3 2RF
TEMPLE GREEN ESTATES LTD
Statement of financial position
as at 31 March 2023
Tangible assets
1,001,873
245,677
Cash at bank and in hand
1,202
40,926
Creditors: amounts falling due within one year
(301,784)
(145,454)
Net current liabilities
(298,607)
(104,528)
Total assets less current liabilities
703,266
141,149
Creditors: amounts falling due after more than one year
(568,906)
(126,000)
Called up share capital
20
20
Revaluation reserve
211,577
40,000
Profit and loss account
(77,237)
(24,871)
Shareholders' funds
134,360
15,149
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 22 November 2023 and were signed on its behalf by
Jaison Patel
Director
Company Registration No. 13234366
TEMPLE GREEN ESTATES LTD
Notes to the Accounts
for the year ended 31 March 2023
TEMPLE GREEN ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 13234366. The registered office is 73 Hill Rise, Greenford, UB6 8PE, England.
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.
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% WDV
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At valuation
At cost
At 1 April 2022
243,179
2,700
245,879
Additions
627,560
-
627,560
Revaluations
129,261
-
129,261
At 31 March 2023
1,000,000
2,700
1,002,700
Charge for the year
-
625
625
At 31 March 2023
-
827
827
At 31 March 2023
1,000,000
1,873
1,001,873
At 31 March 2022
243,179
2,498
245,677
Amounts falling due after more than one year
Accrued income and prepayments
1,975
-
TEMPLE GREEN ESTATES LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
25,545
-
Loans from directors
204,739
144,450
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
568,906
126,000
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).