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REGISTERED NUMBER: 10693563 (England and Wales)








Financial Statements

For The Year Ended 30 September 2023

for

Tamar Valley Projects Limited

Tamar Valley Projects Limited (Registered number: 10693563)






Contents of the Financial Statements
For The Year Ended 30 September 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Tamar Valley Projects Limited (Registered number: 10693563)

Balance Sheet
30 September 2023

30.9.23 30.9.22
Notes £    £   
CURRENT ASSETS
Stocks 719,022 681,631
Debtors 4 660 637
Cash at bank 604 789
720,286 683,057
CREDITORS
Amounts falling due within one year 5 733,775 691,911
NET CURRENT LIABILITIES (13,489 ) (8,854 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(13,489

)

(8,854

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (13,589 ) (8,954 )
SHAREHOLDERS' FUNDS (13,489 ) (8,854 )

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 3 April 2024 and were signed on its behalf by:





Mrs Carina Mary Hodge - Director


Tamar Valley Projects Limited (Registered number: 10693563)

Notes to the Financial Statements
For The Year Ended 30 September 2023

1. STATUTORY INFORMATION

Tamar Valley Projects 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: 10693563

Registered office: Harscombe House
1 Darklake View
Plymouth
Devon
PL6 7TL

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks consist of the acquisition of land together with the professional fees in relation to acquisition and development of the land. It has initially been recognised at cost until the outcome from the environmental agency regarding the licence is concluded. At this stage the directors will review the accounting treatment of these costs.

Taxation
Taxation for the year 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.

Going concern
The accounts have been prepared on a going concern basis as the company will receive continued support from its sister company Burcombe Haulage Limited.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Other debtors 660 637

Tamar Valley Projects Limited (Registered number: 10693563)

Notes to the Financial Statements - continued
For The Year Ended 30 September 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Trade creditors 1,095 1,776
Amounts owed to group undertakings 728,655 686,305
Other creditors 4,025 3,830
733,775 691,911

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Groves (Senior Statutory Auditor)
for and on behalf of Bromhead

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C Hodge and N Haigh, directors and shareholders of the parent company.