TS PROPERTY (TAM) LTD

Company Registration Number:
11008309 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

TS PROPERTY (TAM) LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TS PROPERTY (TAM) LTD

Company Information

for the Period Ended 31 October 2023




Director: Thobani Silempa
Patricia Silempa
Secretary: Thobani Silempa
Registered office: 8 Shannon
Tamworth
England
B77 2NZ
Company Registration Number: 11008309 (England and Wales)

TS PROPERTY (TAM) LTD

Directors' Report Period Ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal Activities

Rental of properties

Directors

The directors shown below have held office during the whole of the period from 01 November 2022 to 31 October 2023
Thobani Silempa
Patricia Silempa

Secretary
Thobani Silempa

This report was approved by the board of directors on 30 July 2024
And Signed On Behalf Of The Board By:

Name: Thobani Silempa
Status: Director

TS PROPERTY (TAM) LTD

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Turnover 9,497 7,315
Cost of sales ( 974 ) ( 85 )
Gross Profit or (Loss) 8,523 7,230
Administrative Expenses ( 14,750 ) ( 9,735 )
Operating Profit or (Loss) ( 6,227 ) ( 2,505 )
Profit or (Loss) Before Tax ( 6,227 ) ( 2,505 )
Profit or (Loss) for Period ( 6,227 ) ( 2,505 )

The notes form part of these financial statements

TS PROPERTY (TAM) LTD

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 115,183 116,860
Total fixed assets: 115,183 116,860
Current assets
Debtors: 5 748
Cash at bank and in hand: 29,423 34,081
Total current assets: 30,171 34,081
Creditors: amounts falling due within one year: 6 ( 60,341 ) ( 60,292 )
Net current assets (liabilities): ( 30,170 ) ( 26,211 )
Total assets less current liabilities: 85,013 90,649
Creditors: amounts falling due after more than one year: 7 ( 118,011 ) ( 118,020 )
Accruals and deferred income: ( 1,200 ) ( 600 )
Total net assets (liabilities): ( 34,198 ) ( 27,971 )

The notes form part of these financial statements

TS PROPERTY (TAM) LTD

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 34,200 ) ( 27,973 )
Shareholders funds: ( 34,198 ) ( 27,971 )

For the year ending 31 October 2023 the company was entitled to exemption 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 July 2024
And Signed On Behalf Of The Board By:

Name: Thobani Silempa
Status: Director

The notes form part of these financial statements

TS PROPERTY (TAM) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TS PROPERTY (TAM) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

TS PROPERTY (TAM) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

TS PROPERTY (TAM) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

Land & buildings Fixtures & fittings Total
Cost £ £ £
At 01 November 2022 113,300 16,105 129,405
Additions - 1,929 1,929
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 October 2023 113,300 18,034 131,334
Depreciation
At 01 November 2022 - 12,545 12,545
Charge for year - 3,606 3,606
On disposals - - -
Other adjustments - - -
At 31 October 2023 - 16,151 16,151
Net book value
At 31 October 2023 113,300 1,883 115,183
At 31 October 2022 113,300 3,560 116,860

TS PROPERTY (TAM) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors


2023
£

2022
£
Trade debtors 748
Prepayments and accrued income 0
Total 748

TS PROPERTY (TAM) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 49
Other creditors 60,292 60,292
Total 60,341 60,292

TS PROPERTY (TAM) LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

7.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 118,011 118,020
Total 118,011 118,020