Caseware UK (AP4) 2022.0.179 2022.0.179 2023-11-302023-11-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.102022-06-15falseNo description of principal activitytruetrue 14174553 2022-06-14 14174553 2022-06-15 2023-11-30 14174553 2021-06-15 2022-06-14 14174553 2023-11-30 14174553 c:Director1 2022-06-15 2023-11-30 14174553 d:FurnitureFittings 2022-06-15 2023-11-30 14174553 d:FurnitureFittings 2023-11-30 14174553 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-06-15 2023-11-30 14174553 d:FreeholdInvestmentProperty 2022-06-15 2023-11-30 14174553 d:FreeholdInvestmentProperty 2023-11-30 14174553 d:CurrentFinancialInstruments 2023-11-30 14174553 d:Non-currentFinancialInstruments 2023-11-30 14174553 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 14174553 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 14174553 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-11-30 14174553 d:ShareCapital 2023-11-30 14174553 d:RetainedEarningsAccumulatedLosses 2023-11-30 14174553 c:FRS102 2022-06-15 2023-11-30 14174553 c:AuditExempt-NoAccountantsReport 2022-06-15 2023-11-30 14174553 c:FullAccounts 2022-06-15 2023-11-30 14174553 c:PrivateLimitedCompanyLtd 2022-06-15 2023-11-30 14174553 e:PoundSterling 2022-06-15 2023-11-30 iso4217:GBP xbrli:pure
Registered number: 14174553









TUCKER ESTATES LIMITED

UNAUDITED

FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD 15 JUNE 2022 TO 30 NOVEMBER 2023

 
TUCKER ESTATES LIMITED
REGISTERED NUMBER: 14174553

BALANCE SHEET
AS AT 30 NOVEMBER 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
546

Investment property
 5 
208,421

  
208,967

Current assets
  

Debtors: amounts falling due within one year
 6 
3,869

Cash at bank and in hand
  
919

  
4,788

Creditors: amounts falling due within one year
 7 
(62,326)

Net current (liabilities)/assets
  
 
 
(57,538)

Total assets less current liabilities
  
151,429

Creditors: amounts falling due after more than one year
 8 
(151,495)

  

Net (liabilities)/assets
  
(66)


Capital and reserves
  

Called up share capital 
  
100

Profit and loss account
  
(166)

  
(66)


Page 1

 
TUCKER ESTATES LIMITED
REGISTERED NUMBER: 14174553

BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 March 2024.




S Tucker
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
TUCKER ESTATES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

1.


General information

Tucker Estates Limited is a private company limited by shares, incorporated in England and Wales, with a
company registration number of 14174553. The address of the registered office is Anglia House 6 Central
Avenue, St Andrews Business Park,Thorpe St Andrew Norwich, Norfolk NR7 0HR.
The financial statements are prepared in sterling which is the functional currency of the company and
rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

The director considers that the resources available to the company will be sufficient for it to be able to
continue as a going concern. The financial statements do not contain any adjustments that would be
required if the company were not able to continue as a going concern.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 3

 
TUCKER ESTATES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their
estimated useful lives, using the reducing balance method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees




The average monthly number of employees, including directors, during the period was 1.

Page 4

 
TUCKER ESTATES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
570



At 30 November 2023

570



Depreciation


Charge for the period on owned assets
24



At 30 November 2023

24



Net book value



At 30 November 2023
546


5.


Investment property


Freehold investment property

£



Valuation


Additions at cost
208,421



At 30 November 2023
208,421

The 2023 valuations were made by the director, on an open market value for existing use basis.





6.


Debtors

2023
£


Trade debtors
2,288

Called up share capital not paid
100

Prepayments and accrued income
1,481

3,869


Page 5

 
TUCKER ESTATES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
£

Trade creditors
52

Amounts owed to associated companies
60,350

Accruals and deferred income
1,924

62,326



8.


Creditors: Amounts falling due after more than one year

2023
£

Bank loans
151,495


The following liabilities were secured:

2023
£



Bank loans
151,495

151,495

Details of security provided:

The bank loan is secured against the investment property owned by the company.


9.


Loans


Analysis of the maturity of loans is given below:


2023
£




Amounts falling due after more than 5 years

Bank loans
151,495



Page 6