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REGISTERED NUMBER: 09547925 (England and Wales)















Unaudited Financial Statements

for the Period 1st May 2022 to 31st March 2023

for

TLM Estates Limited

TLM Estates Limited (Registered number: 09547925)






Contents of the Financial Statements
for the Period 1st May 2022 to 31st March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TLM Estates Limited

Company Information
for the Period 1st May 2022 to 31st March 2023







DIRECTORS: A L Carroll
M J Madigan
L D McNally





REGISTERED OFFICE: 169 Rose Lane
Liverpool
Merseyside
L18 5EA





REGISTERED NUMBER: 09547925 (England and Wales)





ACCOUNTANTS: OCG Accountants Ltd
Biz Hub Tees Valley
Belasis Hall Technology Park
Coxwold Way
Billingham
Co. Durham
TS23 4EA

TLM Estates Limited (Registered number: 09547925)

Balance Sheet
31st March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investment property 4 996,451 996,451

CURRENT ASSETS
Cash at bank 24,484 16,840

CREDITORS
Amounts falling due within one year 5 (38,763 ) (27,516 )
NET CURRENT LIABILITIES (14,279 ) (10,676 )
TOTAL ASSETS LESS CURRENT LIABILITIES 982,172 985,775

CREDITORS
Amounts falling due after more than one
year

6

(586,313

)

(619,593

)

PROVISIONS FOR LIABILITIES (67,413 ) (67,413 )
NET ASSETS 328,446 298,769

CAPITAL AND RESERVES
Called up share capital 150 150
Revaluation reserve 8 287,392 287,392
Retained earnings 40,904 11,227
328,446 298,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 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.

TLM Estates Limited (Registered number: 09547925)

Balance Sheet - continued
31st March 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 13th March 2024 and were signed on its behalf by:





A L Carroll - Director


TLM Estates Limited (Registered number: 09547925)

Notes to the Financial Statements
for the Period 1st May 2022 to 31st March 2023

1. STATUTORY INFORMATION

TLM Estates 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.

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 period 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 period 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.

3. EMPLOYEES AND DIRECTORS

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

TLM Estates Limited (Registered number: 09547925)

Notes to the Financial Statements - continued
for the Period 1st May 2022 to 31st March 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st May 2022
and 31st March 2023 996,451
NET BOOK VALUE
At 31st March 2023 996,451
At 30th April 2022 996,451

The directors see no benefit in revaluing the properties.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 5,195 4,924
Other creditors 33,568 22,592
38,763 27,516

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 586,313 619,593

7. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Mortgages 586,313 619,593

8. RESERVES
Revaluation
reserve
£   
At 1st May 2022
and 31st March 2023 287,392