Silverfin false false 31/08/2023 01/09/2022 31/08/2023 C J Lewis 31/05/2022 T P Lewis 02/02/2004 24 February 2024 The principal activity of the Company during the financial year was property investment. 05031995 2023-08-31 05031995 bus:Director1 2023-08-31 05031995 bus:Director2 2023-08-31 05031995 2022-08-31 05031995 core:CurrentFinancialInstruments 2023-08-31 05031995 core:CurrentFinancialInstruments 2022-08-31 05031995 core:ShareCapital 2023-08-31 05031995 core:ShareCapital 2022-08-31 05031995 core:RetainedEarningsAccumulatedLosses 2023-08-31 05031995 core:RetainedEarningsAccumulatedLosses 2022-08-31 05031995 2022-09-01 2023-08-31 05031995 bus:FilletedAccounts 2022-09-01 2023-08-31 05031995 bus:SmallEntities 2022-09-01 2023-08-31 05031995 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 05031995 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 05031995 bus:Director1 2022-09-01 2023-08-31 05031995 bus:Director2 2022-09-01 2023-08-31 05031995 2021-09-01 2022-08-31 iso4217:GBP xbrli:pure

Company No: 05031995 (England and Wales)

T P LEWIS & PARTNERS (BOS) LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2023
Pages for filing with the registrar

T P LEWIS & PARTNERS (BOS) LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2023

Contents

T P LEWIS & PARTNERS (BOS) LIMITED

BALANCE SHEET

As at 31 August 2023
T P LEWIS & PARTNERS (BOS) LIMITED

BALANCE SHEET (continued)

As at 31 August 2023
Note 2023 2022
£ £
Fixed assets
Investment property 3 0 547,651
0 547,651
Current assets
Debtors 4 0 1,367,036
Cash at bank and in hand 0 102,832
0 1,469,868
Creditors: amounts falling due within one year 5 ( 6,143) ( 102,930)
Net current (liabilities)/assets (6,143) 1,366,938
Total assets less current liabilities (6,143) 1,914,589
Net (liabilities)/assets ( 6,143) 1,914,589
Capital and reserves
Called-up share capital 520 520
Profit and loss account ( 6,663 ) 1,914,069
Total shareholder's (deficit)/funds ( 6,143) 1,914,589

For the financial year ending 31 August 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of T P Lewis & Partners (BOS) Limited (registered number: 05031995) were approved and authorised for issue by the Board of Directors on 24 February 2024. They were signed on its behalf by:

T P Lewis
Director
T P LEWIS & PARTNERS (BOS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2023
T P LEWIS & PARTNERS (BOS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

T P Lewis & Partners (BOS) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Rochester House, Bleadon, Weston Super Mare, BS24 0PG, England, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

The fair value is determined annually by the directors, on an open market value for existing use basis.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Investment property

Investment property
£
Valuation
As at 01 September 2022 547,651
Disposals (547,651)
As at 31 August 2023 0

4. Debtors

2023 2022
£ £
Other debtors 0 1,367,036

5. Creditors: amounts falling due within one year

2023 2022
£ £
Trade creditors 0 6,518
Amounts owed to Group undertakings 6,143 0
Taxation and social security 0 17,671
Other creditors 0 78,741
6,143 102,930