0 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-12 Sage Accounts Production Advanced 2021 - FRS102_2021 1,054,093 1,054,093 1,054,093 xbrli:pure xbrli:shares iso4217:GBP 14042375 2022-04-12 2023-03-31 14042375 2023-03-31 14042375 bus:Director1 2022-04-12 2023-03-31 14042375 core:LandBuildings core:OwnedOrFreeholdAssets 2022-04-12 2023-03-31 14042375 core:WithinOneYear 2023-03-31 14042375 core:ShareCapital 2023-03-31 14042375 core:RetainedEarningsAccumulatedLosses 2023-03-31 14042375 core:LandBuildings core:OwnedOrFreeholdAssets 2023-03-31 14042375 bus:Director1 2023-03-31 14042375 bus:SmallEntities 2022-04-12 2023-03-31 14042375 bus:AuditExemptWithAccountantsReport 2022-04-12 2023-03-31 14042375 bus:FullAccounts 2022-04-12 2023-03-31 14042375 bus:SmallCompaniesRegimeForAccounts 2022-04-12 2023-03-31 14042375 bus:PrivateLimitedCompanyLtd 2022-04-12 2023-03-31
COMPANY REGISTRATION NUMBER: 14042375
Tonic Property Holdings Limited
Filleted Unaudited Financial Statements
31 March 2023
Tonic Property Holdings Limited
Statement of Financial Position
31 March 2023
31 Mar 23
Note
£
Fixed assets
Tangible assets
4
1,054,093
Current assets
Cash at bank and in hand
1,000
Creditors: amounts falling due within one year
5
1,055,368
------------
Net current liabilities
1,054,368
------------
Total assets less current liabilities
( 275)
----
Capital and reserves
Called up share capital
100
Profit and loss account
( 375)
----
Shareholders deficit
( 275)
----
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 4 September 2023 , and are signed on behalf of the board by:
Mrs Jordan-Maria Chadwick
Director
Company registration number: 14042375
Tonic Property Holdings Limited
Notes to the Financial Statements
Period from 12 April 2022 to 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Old Mill, 9 Soar Lane, Leicester, LE3 5DE.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
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 recognised in profit or loss.
4. Tangible assets
Investment property
£
Cost
At 12 April 2022
Additions
1,054,093
------------
At 31 March 2023
1,054,093
------------
Depreciation
At 12 April 2022 and 31 March 2023
------------
Carrying amount
At 31 March 2023
1,054,093
------------
The directors consider that the investment property is held at it's fair value.
5. Creditors: amounts falling due within one year
31 Mar 23
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
1,055,368
------------
6. Director's advances, credits and guarantees
During the period the director entered into the following advances and credits with the company:
31 Mar 23
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mrs Jordan-Maria Chadwick
100
100
----
----
----
7. Related party transactions
From 1 December 2022 the immediate and ultimate parent company is Franklin Tonic Holdings Limited. It's registered office is The Old Mill, 9 Soar Lane, Leicester LE3 5DE and it's principal place of business is 4 Charter Point Way, Ashby DE La Zouch, Leicestershire. LE65 1NF.