Tesa Creation Limited |
Notes to the Accounts |
for the year ended 30 June 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover represents rent receivable. |
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Tangible fixed assets |
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Depreciation is provided to write off the cost of furniture and fittings over 4 years. |
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No depreciation has been provided in respect of investment properties. The directors consider that the lives and residual values of the properties, based on current valuations, are such that any charges to the profit and loss account would be insignificant. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
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2 |
Employees |
2023 |
|
2022 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
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3 |
Tangible fixed assets |
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Leasehold property |
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Furniture and fittings |
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Total |
£ |
£ |
£ |
|
Cost |
|
At 1 July 2022 |
382,665 |
|
4,810 |
|
387,475 |
|
At 30 June 2023 |
382,665 |
|
4,810 |
|
387,475 |
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|
|
|
|
|
|
|
|
|
Depreciation |
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At 1 July 2022 |
- |
|
2,405 |
|
2,405 |
|
Charge for the year |
- |
|
1,202 |
|
1,202 |
|
At 30 June 2023 |
- |
|
3,607 |
|
3,607 |
|
|
|
|
|
|
|
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Net book value |
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At 30 June 2023 |
382,665 |
|
1,203 |
|
383,868 |
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At 30 June 2022 |
382,665 |
|
2,405 |
|
385,070 |
|
|
4 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
1,585 |
|
122 |
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5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
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Taxation and social security costs |
1,945 |
|
2,130 |
|
Directors loans |
360,447 |
|
373,947 |
|
Other creditors |
7,594 |
|
948 |
|
|
|
|
|
|
369,986 |
|
377,025 |
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6 |
Other information |
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Tesa Creation Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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454 Ewell Road |
|
Surbiton |
|
KT6 7EL |