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REGISTERED NUMBER: 06504611 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

TORELLA PROPERTY LIMITED

TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

TORELLA PROPERTY LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTORS: S C Walker
Mrs V Pinches





SECRETARY: S C Walker





REGISTERED OFFICE: 4 Comet House
Calleva Park
Aldermaston
Berkshire
RG7 8JA





REGISTERED NUMBER: 06504611 (England and Wales)





ACCOUNTANTS: Durrants - Calleva
Accountants and Tax Advisors
4 Comet House
Calleva Park
Aldermaston
Berkshire
RG7 8JA

TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)

BALANCE SHEET
31 March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 413,409 413,409

CURRENT ASSETS
Debtors 5 43 43
Cash at bank 18,656 1,070
18,699 1,113
CREDITORS
Amounts falling due within one year 6 42,427 39,096
NET CURRENT LIABILITIES (23,728 ) (37,983 )
TOTAL ASSETS LESS CURRENT LIABILITIES 389,681 375,426

CREDITORS
Amounts falling due after more than one
year

7

53,232

64,392
NET ASSETS 336,449 311,034

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 336,349 310,934
SHAREHOLDERS' FUNDS 336,449 311,034

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

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

TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)

BALANCE SHEET - continued
31 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 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 16 December 2023 and were signed on its behalf by:





S C Walker - Director


TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Torella Property 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.

Turnover
Turnover represents rental and service charges from a tenanted property in the UK.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2022
and 31 March 2023 413,409
NET BOOK VALUE
At 31 March 2023 413,409
At 31 March 2022 413,409

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Other debtors 43 43

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts 17,382 17,382
Taxation and social security 6,294 1,432
Other creditors 18,751 20,282
42,427 39,096

TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans 53,232 64,392

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the directors were due a total of £7,541 (2022: £20,282).

TORELLA PROPERTY LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
TORELLA PROPERTY LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Durrants - Calleva
Accountants and Tax Advisors
4 Comet House
Calleva Park
Aldermaston
Berkshire
RG7 8JA


Date: .............................................