1 March 2022 false No description of principal activity Taxfiler 2023.10 10424818business:PrivateLimitedCompanyLtd2022-03-012023-02-28 104248182022-02-28 104248182022-03-012023-02-28 10424818business:AuditExemptWithAccountantsReport2022-03-012023-02-28 10424818business:FilletedAccounts2022-03-012023-02-28 104248182023-02-28 10424818business:Director12022-03-012023-02-28 10424818business:Director22022-03-012023-02-28 10424818business:RegisteredOffice2022-03-012023-02-28 104248182022-02-28 10424818core:WithinOneYear2023-02-28 10424818core:WithinOneYear2022-02-28 10424818core:AfterOneYear2023-02-28 10424818core:AfterOneYear2022-02-28 10424818core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 10424818core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 10424818core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 10424818core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 10424818core:PreviouslyStatedAmount2023-02-28 10424818core:PreviouslyStatedAmount2022-02-28 10424818business:SmallEntities2022-03-012023-02-28 10424818countries:EnglandWales2022-03-012023-02-28 10424818core:LandBuildings2022-03-012023-02-28 10424818core:PlantMachinery2022-03-012023-02-28 10424818core:LandBuildings2022-02-28 10424818core:LandBuildings2023-02-28 10424818business:OrdinaryShareClass12022-03-012023-02-28 10424818business:OrdinaryShareClass12021-03-012022-02-28 104248182021-03-012022-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 10424818 (England and Wales)
TLK SERVICED APARTMENTS LIMITED Unaudited accounts for the year ended 28 February 2023
TLK SERVICED APARTMENTS LIMITED Unaudited accounts Contents
Page
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TLK SERVICED APARTMENTS LIMITED Company Information for the year ended 28 February 2023
Directors
Ozdemir Fadil R P Headley
Company Number
10424818 (England and Wales)
Registered Office
16 STREATHAM HIGH ROAD LONDON SW16 1DB UNITED KINGDOM
Accountants
HS Global Accountancy Ltd 7 Alder Brook 14-20 High Street Wealdstone HA3 7HA
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TLK SERVICED APARTMENTS LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
51,411 
53,877 
Current assets
Debtors
196,190 
125,221 
Cash at bank and in hand
27,357 
49,541 
223,547 
174,762 
Creditors: amounts falling due within one year
(354,824)
(182,807)
Net current liabilities
(131,277)
(8,045)
Total assets less current liabilities
(79,866)
45,832 
Creditors: amounts falling due after more than one year
(234,817)
(259,221)
Net liabilities
(314,683)
(213,389)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(314,783)
(213,489)
Shareholders' funds
(314,683)
(213,389)
For the 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. 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 20 February 2024 and were signed on its behalf by
Ozdemir Fadil Director Company Registration No. 10424818
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TLK SERVICED APARTMENTS LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
TLK SERVICED APARTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10424818. The registered office is 16 STREATHAM HIGH ROAD, LONDON, SW16 1DB, 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
These financial statements for the year ended 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Land & buildings
in accordance with the property
Plant & machinery
straight line over 3 years
Presentation currency
The accounts are presented in £ sterling.
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TLK SERVICED APARTMENTS LIMITED Notes to the Accounts for the year ended 28 February 2023
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2022
61,629 
At 28 February 2023
61,629 
Depreciation
At 1 March 2022
7,752 
Charge for the year
2,466 
At 28 February 2023
10,218 
Net book value
At 28 February 2023
51,411 
At 28 February 2022
53,877 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
54,347 
24,671 
Amounts due from group undertakings etc.
999 
5,118 
Accrued income and prepayments
47,022 
43,609 
Other debtors
93,822 
51,823 
196,190 
125,221 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
104,366 
16,413 
Trade creditors
86,782 
75,302 
Amounts owed to group undertakings and other participating interests
12,898 
- 
Taxes and social security
52,816 
26,580 
Other creditors
13,563 
13,648 
Accruals
23,869 
24,124 
Deferred income
60,530 
26,740 
354,824 
182,807 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
234,817 
259,221 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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TLK SERVICED APARTMENTS LIMITED Notes to the Accounts for the year ended 28 February 2023
9
Average number of employees
During the year the average number of employees was 16 (2022: 14).
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