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REGISTERED NUMBER: 12982866 (England and Wales)















Tetik Properties Limited

Unaudited Financial Statements for the Year Ended 31 October 2023






Tetik Properties Limited (Registered number: 12982866)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Tetik Properties Limited

Company Information
for the Year Ended 31 October 2023







Directors: Linda Ann Tetik
Ali Esat Tetik





Registered office: 33 Claybank Drive
Tottington
Bury
Lancashire
BL8 4BU





Registered number: 12982866 (England and Wales)





Accountants: Leach Briely
Craven House
32 Lee Lane
Horwich
Bolton
BL6 7BY

Tetik Properties Limited (Registered number: 12982866)

Statement of Financial Position
31 October 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Investment property 4 483,630 481,580

Current assets
Debtors 5 143 132
Cash at bank 66,750 29,635
66,893 29,767
Creditors
Amounts falling due within one year 6 198,446 195,414
Net current liabilities (131,553 ) (165,647 )
Total assets less current liabilities 352,077 315,933

Creditors
Amounts falling due after more than
one year

7

270,000

270,000
Net assets 82,077 45,933

Capital and reserves
Called up share capital 8 100 100
Retained earnings 81,977 45,833
Shareholders' funds 82,077 45,933

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Tetik Properties Limited (Registered number: 12982866)

Statement of Financial Position - continued
31 October 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2024 and were signed on its behalf by:





Ali Esat Tetik - Director


Tetik Properties Limited (Registered number: 12982866)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. Statutory information

Tetik Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

Tetik Properties Limited (Registered number: 12982866)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. Investment property
Total
£   
Fair value
At 1 November 2022 481,580
Additions 2,050
At 31 October 2023 483,630
Net book value
At 31 October 2023 483,630
At 31 October 2022 481,580

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Other debtors 143 132

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Taxation and social security 8,478 6,737
Other creditors 189,968 188,677
198,446 195,414

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Other creditors 270,000 270,000

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100