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REGISTERED NUMBER: 12483310 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

TNT LEEDS PROPERTIES LIMITED

TNT LEEDS PROPERTIES LIMITED (REGISTERED NUMBER: 12483310)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TNT LEEDS PROPERTIES LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2023







DIRECTORS: T R Evans
Mrs T C Evans-Cheung





REGISTERED OFFICE: The Old Workshop
1 Ecclesall Road South
Sheffield
United Kingdom
S11 9PA





REGISTERED NUMBER: 12483310 (England and Wales)





ACCOUNTANTS: Brown McLeod Limited
Chartered Accountants
The Old Workshop
1 Ecclesall Road South
Sheffield
South Yorkshire
S11 9PA

TNT LEEDS PROPERTIES LIMITED (REGISTERED NUMBER: 12483310)

BALANCE SHEET
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,316 9,754
Investment property 5 350,000 335,742
357,316 345,496

CURRENT ASSETS
Debtors 6 6,959 1,277
Cash at bank 11,994 48,092
18,953 49,369
CREDITORS
Amounts falling due within one year 7 143,873 142,054
NET CURRENT LIABILITIES (124,920 ) (92,685 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

232,396

252,811

CREDITORS
Amounts falling due after more than one year 8 (285,487 ) (281,936 )

PROVISIONS FOR LIABILITIES (6,921 ) (63,791 )
NET LIABILITIES (60,012 ) (92,916 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (60,112 ) (93,016 )
(60,012 ) (92,916 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

TNT LEEDS PROPERTIES LIMITED (REGISTERED NUMBER: 12483310)

BALANCE SHEET - continued
28 February 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by:





T R Evans - Director


TNT LEEDS PROPERTIES LIMITED (REGISTERED NUMBER: 12483310)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Tnt Leeds Properties 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

TNT LEEDS PROPERTIES LIMITED (REGISTERED NUMBER: 12483310)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 13,201
DEPRECIATION
At 1 March 2022 3,447
Charge for year 2,438
At 28 February 2023 5,885
NET BOOK VALUE
At 28 February 2023 7,316
At 28 February 2022 9,754

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022 335,742
Additions 24,012
Disposals (2,286 )
Revaluations (7,468 )
At 28 February 2023 350,000
NET BOOK VALUE
At 28 February 2023 350,000
At 28 February 2022 335,742

Fair value at 28 February 2023 is represented by:
£   
Valuation in 2022 335,742
Valuation in 2023 14,258
350,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Other debtors 6,959 1,277

TNT LEEDS PROPERTIES LIMITED (REGISTERED NUMBER: 12483310)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 9,949 9,655
Trade creditors - 2,000
Other creditors 133,924 130,399
143,873 142,054

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 285,487 281,936

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 242,573 240,288