1 November 2022 false No description of principal activity Taxfiler 2024.4 10947600business:PrivateLimitedCompanyLtd2022-11-012023-10-31 109476002022-10-31 109476002022-11-012023-10-31 10947600business:AuditExemptWithAccountantsReport2022-11-012023-10-31 10947600business:FilletedAccounts2022-11-012023-10-31 109476002023-10-31 10947600business:Director12022-11-012023-10-31 10947600business:Director22022-11-012023-10-31 10947600business:RegisteredOffice2022-11-012023-10-31 109476002022-10-31 10947600core:WithinOneYear2023-10-31 10947600core:WithinOneYear2022-10-31 10947600core:AfterOneYear2023-10-31 10947600core:AfterOneYear2022-10-31 10947600countries:EnglandWales2022-11-012023-10-31 109476002021-11-012022-10-31 10947600business:Micro-entities2022-11-012023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 10947600 (England and Wales)
Tillett Group Limited Unaudited accounts for the year ended 31 October 2023
Tillett Group Limited Company Information for the year ended 31 October 2023
Directors
M Tillett S Tillett
Company Number
10947600 (England and Wales)
Registered Office
TILLETT RACING SEATS STYLES CLOSE SITTINGBOURNE KENT ME10 3BF ENGLAND
Accountants
Lynxexcel Ltd 26 Royston Road Bearsted Maidstone Kent ME15 8NS
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Tillett Group Limited for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Tillett Group Limited for the year ended 31 October 2023 as set out on pages 4 - 5 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Lynxexcel Ltd Chartered Certified Accountants 26 Royston Road Bearsted Maidstone Kent ME15 8NS 29 July 2024
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Tillett Group Limited Statement of Financial Position as at 31 October 2023
2023 
2022 
£ 
£ 
Fixed assets
2,268,437 
1,737,493 
Current assets
- 
85 
Creditors: amounts falling due within one year
(1,055,004)
(898,631)
Net current liabilities
(1,055,004)
(898,546)
Total assets less current liabilities
1,213,433 
838,947 
Creditors: amounts falling due after more than one year
(1,529,293)
(1,102,533)
Net liabilities
(315,860)
(263,586)
Capital and reserves
(315,860)
(263,586)
NOTES TO THE ACCOUNTS
1 Statutory information
Tillett Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10947600. The registered office is TILLETT RACING SEATS, STYLES CLOSE, SITTINGBOURNE, KENT, ME10 3BF, ENGLAND.
2 Guarantees and other financial commitments
The company has granted fixed and floating charges on its assets to secure the bank loan of £1,882,626 (31 Oct 2022 - £1,386,866). The deed of covenant document has been signed by the directors. The loan is currently repayable at the rate of £69,000 in the year until 31 October 2024 and the balance of £1,813,626 is due in years after. Accounting estimates, disclosure: Due to limitation in obtaining a relevant documentation the company can not provide, the year end bank loan balance is an estimated figure. The KCC loan has been fully repaid.
3 Average number of employees
During the year the average number of employees was 0 (2022: 0).
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Tillett Group Limited Statement of Financial Position as at 31 October 2023 (continued)
For the year ending 31 October 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 29 July 2024
M Tillett Director Company Registration No. 10947600
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