Tickford Orange Properties Limited 13179341 false 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is letting of property. Digita Accounts Production Advanced 6.30.9574.0 true 13179341 2022-03-01 2023-02-28 13179341 2023-02-28 13179341 core:RetainedEarningsAccumulatedLosses 2023-02-28 13179341 core:ShareCapital 2023-02-28 13179341 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 13179341 bus:SmallEntities 2022-03-01 2023-02-28 13179341 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 13179341 bus:FullAccounts 2022-03-01 2023-02-28 13179341 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 13179341 bus:RegisteredOffice 2022-03-01 2023-02-28 13179341 bus:Director1 2022-03-01 2023-02-28 13179341 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 13179341 countries:EnglandWales 2022-03-01 2023-02-28 13179341 2022-02-28 13179341 2021-02-04 2022-02-28 13179341 2022-02-28 13179341 core:RetainedEarningsAccumulatedLosses 2022-02-28 13179341 core:ShareCapital 2022-02-28 13179341 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 iso4217:GBP xbrli:pure

Registration number: 13179341

Tickford Orange Properties Limited

Unaudited Financial Statements

for the Year Ended 28 February 2023

 

Tickford Orange Properties Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Tickford Orange Properties Limited

(Registration number: 13179341)
Balance Sheet as at 28 February 2023

Note

2023
£

2022
£

Fixed assets

 

Investment property

4

357,914

357,914

Current assets

 

Cash at bank and in hand

 

1,473

3,208

Creditors: Amounts falling due within one year

5

(389,528)

(385,064)

Net current liabilities

 

(388,055)

(381,856)

Net liabilities

 

(30,141)

(23,942)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(30,241)

(24,042)

Shareholders' deficit

 

(30,141)

(23,942)

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 November 2023
 

.........................................
Mr Peter J R Holt
Director

 

Tickford Orange Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Judgements

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax.

 

Tickford Orange Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually using observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Any changes in fair value are recognised within the profit or loss account within the period it relates to.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Investment properties

2023
£

At 1 March

357,914

At 28 February

357,914

There has been no valuation of investment property by an independent valuer.

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Accruals

3,000

1,250

Other creditors

386,528

383,814

389,528

385,064