Company Registration No. 11586407 (England and Wales)
TURVILLE PROPERTIES 10 LTD
Unaudited accounts
for the year ended 31 March 2023
TURVILLE PROPERTIES 10 LTD
Unaudited accounts
Contents
TURVILLE PROPERTIES 10 LTD
Company Information
for the year ended 31 March 2023
Company Number
11586407 (England and Wales)
Registered Office
37 MOIRA ROAD
ASHBY-DE-LA-ZOUCH
LE65 2GB
ENGLAND
TURVILLE PROPERTIES 10 LTD
Statement of financial position
as at 31 March 2023
Investment property
385,000
386,000
Cash at bank and in hand
4,140
9,087
Creditors: amounts falling due within one year
(51,994)
(111,769)
Net current liabilities
(47,254)
(102,082)
Total assets less current liabilities
337,746
283,918
Creditors: amounts falling due after more than one year
(279,099)
(227,343)
Called up share capital
1
1
Profit and loss account
58,646
56,574
Shareholders' funds
58,647
56,575
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 12 December 2023 and were signed on its behalf by
Royce Turville
Director
Company Registration No. 11586407
TURVILLE PROPERTIES 10 LTD
Notes to the Accounts
for the year ended 31 March 2023
TURVILLE PROPERTIES 10 LTD is a private company, limited by shares, registered in England and Wales, registration number 11586407. The registered office is 37 MOIRA ROAD, ASHBY-DE-LA-ZOUCH, LE65 2GB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement.
Fair value at 1 April 2022
386,000
Net loss from fair value adjustments
(1,000)
Investment properties were valued on an open market basis on 31st March 2022 by the directors.
Valuation as of 31st March 2022 was £41,031
Valuation as of 31st March 2021 was £4,618
Valuation as of 31st March 2020 was £24,971
If the properties had not been revalued, they would have been included at the following historical cost of £315,380.
Amounts falling due within one year
TURVILLE PROPERTIES 10 LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
21,995
31,995
Loans from directors
18,006
69,655
Deferred income
11,118
9,244
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
279,099
227,343
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).