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REGISTERED NUMBER: 04902117 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

T.A.P. HOLDINGS (STOKE-ON-TRENT) LIMITED

T.A.P. HOLDINGS (STOKE-ON-TRENT) LIMITED (REGISTERED NUMBER: 04902117)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023










Page

Statement of Financial Position 1 to 2

Notes to the Financial Statements 3 to 5


T.A.P. HOLDINGS (STOKE-ON-TRENT) LIMITED (REGISTERED NUMBER: 04902117)

STATEMENT OF FINANCIAL POSITION
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
FIXED ASSETS
Investments 4 100 100
Investment property 5 350,000 350,000
350,100 350,100

CURRENT ASSETS
Debtors 6 22,402 32,658
Cash at bank 110,822 110,949
133,224 143,607
CREDITORS
Amounts falling due within one year 7 (218,196 ) (184,952 )
NET CURRENT LIABILITIES (84,972 ) (41,345 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

265,128

308,755

PROVISIONS FOR LIABILITIES (15,693 ) (15,693 )
NET ASSETS 249,435 293,062

CAPITAL AND RESERVES
Called up share capital 200 200
Fair Value reserve 82,597 82,597
Retained earnings 166,638 210,265
249,435 293,062

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

T.A.P. HOLDINGS (STOKE-ON-TRENT) LIMITED (REGISTERED NUMBER: 04902117)

STATEMENT OF FINANCIAL POSITION - continued
31 OCTOBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 March 2024 and were signed on its behalf by:





T A Podmore - Director


T.A.P. HOLDINGS (STOKE-ON-TRENT) LIMITED (REGISTERED NUMBER: 04902117)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023


1. STATUTORY INFORMATION

T.A.P. HOLDINGS (STOKE-ON-TRENT) LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04902117

Registered office: C/o DPC
Stone House
55 Stone Road Business Park
Stoke on Trent
Staffordshire
ST4 6SR

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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Valuation of Investment Property
As described in the notes to the financial statements, the investment property is stated in the balance sheet at cost, which is deemed the fair value at 31st October 2023. The directors are of the opinion that this valuation is not materially different to current market prices observed.

INVESTMENT PROPERTY
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recongnised in profit and loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible asset and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

T.A.P. HOLDINGS (STOKE-ON-TRENT) LIMITED (REGISTERED NUMBER: 04902117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


2. ACCOUNTING POLICIES - continued

FINANCIAL INSTRUMENTS
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2022
and 31 October 2023 100
NET BOOK VALUE
At 31 October 2023 100
At 31 October 2022 100

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2022
and 31 October 2023 350,000
NET BOOK VALUE
At 31 October 2023 350,000
At 31 October 2022 350,000

Investment proprieties are stated at fair value which the directors are of the opinion that there has been no material change since 31 October 2023.

In respect of tangible assets held at valuation, the aggregate cost, depreciation and carrying amount that would have been recognised if the assets have been carried under the historical cost model are: Aggregate cost £267,403 (2022: £267,403), Aggregate depreciation £nil (2022: £nil) and carrying value £267,403 (2022: £267,403).

T.A.P. HOLDINGS (STOKE-ON-TRENT) LIMITED (REGISTERED NUMBER: 04902117)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Amounts owed by group undertakings 22,402 32,658

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other creditors 218,196 184,952

8. RELATED PARTY DISCLOSURES

The company has taken advantage of the exemption from the disclosures required by paragraph 33.1A of Financial Reporting Standard 102 regarding transactions between fellow group Companies.

9. POST BALANCE SHEET EVENTS

There were no material events up to the date of approval of the financial statements by the board.