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Company Registration No. 08085591 (England and Wales)
Temm Properties Ltd Unaudited accounts for the year ended 31 May 2024
Temm Properties Ltd Unaudited accounts Contents
Page
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Temm Properties Ltd Company Information for the year ended 31 May 2024
Director
Elias Demetroudi
Company Number
08085591 (England and Wales)
Registered Office
8 PALLISTER ROAD CLACTON-ON-SEA CO15 1PQ
Accountants
IDS Accountants Ltd 4 Pallister Road Clacton On Sea Essex CO15 1PQ
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Temm Properties Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,446,536 
1,446,632 
Current assets
Debtors
4,000 
14,000 
Cash at bank and in hand
22,548 
6,134 
26,548 
20,134 
Creditors: amounts falling due within one year
(3,600)
(7,251)
Net current assets
22,948 
12,883 
Total assets less current liabilities
1,469,484 
1,459,515 
Creditors: amounts falling due after more than one year
(778,292)
(779,951)
Net assets
691,192 
679,564 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
500,000 
500,000 
Profit and loss account
191,092 
179,464 
Shareholders' funds
691,192 
679,564 
For the year ending 31 May 2024 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 1 July 2024 and were signed on its behalf by
Elias Demetroudi Director Company Registration No. 08085591
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Temm Properties Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Temm Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 08085591. The registered office is 8 PALLISTER ROAD, CLACTON-ON-SEA, CO15 1PQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
1,446,248 
3,000 
1,449,248 
At 31 May 2024
1,446,248 
3,000 
1,449,248 
Depreciation
At 1 June 2023
- 
2,616 
2,616 
Charge for the year
- 
96 
96 
At 31 May 2024
- 
2,712 
2,712 
Net book value
At 31 May 2024
1,446,248 
288 
1,446,536 
At 31 May 2023
1,446,248 
384 
1,446,632 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,000 
14,000 
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Temm Properties Ltd Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
3,600 
7,251 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
701,634 
721,704 
Taxes and social security
33,378 
30,628 
Loans from directors
43,280 
27,619 
778,292 
779,951 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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