Company Registration No. 13385576 (England and Wales)
Trimming Shop Property Limited
Unaudited accounts
for the year ended 31 December 2023
Trimming Shop Property Limited
Unaudited accounts
Contents
Trimming Shop Property Limited
Company Information
for the year ended 31 December 2023
Company Number
13385576 (England and Wales)
Registered Office
UNIT 3, STATION APPROACH WINDMILL LANE
CHESHUNT
WALTHAM CROSS
EN8 9AQ
ENGLAND
Trimming Shop Property Limited
Statement of financial position
as at 31 December 2023
Tangible assets
1,716,177
1,733,093
Cash at bank and in hand
13,601
4,827
Creditors: amounts falling due within one year
(628,756)
(625,785)
Net current liabilities
(597,394)
(600,949)
Total assets less current liabilities
1,118,783
1,132,144
Creditors: amounts falling due after more than one year
(1,201,493)
(1,205,138)
Net liabilities
(82,710)
(72,994)
Called up share capital
100
100
Profit and loss account
(82,810)
(73,094)
Shareholders' funds
(82,710)
(72,994)
For the year ending 31 December 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 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 11 July 2024 and were signed on its behalf by
Ashok Khimji
Director
Company Registration No. 13385576
Trimming Shop Property Limited
Notes to the Accounts
for the year ended 31 December 2023
Trimming Shop Property Limited is a private company, limited by shares, registered in England and Wales, registration number 13385576. The registered office is UNIT 3, STATION APPROACH WINDMILL LANE, CHESHUNT, WALTHAM CROSS, EN8 9AQ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
1% on straight line
Fixtures & fittings
20% on reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,749,743
899
1,750,642
At 31 December 2023
1,749,743
1,714
1,751,457
At 1 January 2023
17,497
52
17,549
Charge for the year
17,497
234
17,731
At 31 December 2023
34,994
286
35,280
At 31 December 2023
1,714,749
1,428
1,716,177
At 31 December 2022
1,732,246
847
1,733,093
Amounts falling due within one year
Accrued income and prepayments
17,761
20,009
Trimming Shop Property Limited
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
627,618
624,718
Loans from directors
851
-
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,201,493
1,205,138
8
Transactions with related parties
Included in other creditors is a balance of £625218 owed to Trimming Shop Holdings Ltd, a company by common directorship.
The ultimate controlling party is Trimming shop Holding Ltd (Reg No13335041)
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).