8 November 2022 false No description of principal activity Taxfiler 2024.5 14469724business:PrivateLimitedCompanyLtd2022-11-082023-11-30 144697242022-11-07 144697242022-11-082023-11-30 14469724business:AuditExemptWithAccountantsReport2022-11-082023-11-30 14469724business:FilletedAccounts2022-11-082023-11-30 144697242023-11-30 14469724business:Director12022-11-082023-11-30 14469724business:RegisteredOffice2022-11-082023-11-30 14469724core:WithinOneYear2023-11-30 14469724core:AfterOneYear2023-11-30 14469724core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 14469724core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 14469724core:PreviouslyStatedAmount2023-11-30 14469724business:SmallEntities2022-11-082023-11-30 14469724countries:EnglandWales2022-11-082023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 14469724 (England and Wales)
'Just the Tonic' Properties Ltd Unaudited accounts for the period from 8 November 2022 to 30 November 2023
'Just the Tonic' Properties Ltd Company Information for the period from 8 November 2022 to 30 November 2023
Director
T M Sealey
Company Number
14469724 (England and Wales)
Registered Office
School Master's House 39 College Street Petersfield GU31 4AG England
Accountants
Newnham & Son Ltd School Master's House 39 College Street Petersfield Hampshire GU31 4AG
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'Just the Tonic' Properties Ltd Statement of financial position as at 30 November 2023
2023 
Notes
£ 
Fixed assets
Investment property
112,926 
Current assets
Cash at bank and in hand
9,333 
Creditors: amounts falling due within one year
(3,764)
Net current assets
5,569 
Total assets less current liabilities
118,495 
Creditors: amounts falling due after more than one year
(108,585)
Net assets
9,910 
Capital and reserves
Called up share capital
100 
Profit and loss account
9,810 
Shareholders' funds
9,910 
For the period ending 30 November 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 her 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 30 July 2024 and were signed on its behalf by
T M Sealey Director Company Registration No. 14469724
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'Just the Tonic' Properties Ltd Notes to the Accounts for the period from 8 November 2022 to 30 November 2023
1
Statutory information
'Just the Tonic' Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14469724. The registered office is School Master's House, 39 College Street, Petersfield, GU31 4AG, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from rent receivable is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2023 
£ 
Additions
112,926 
At 30 November 2023
112,926 
5
Creditors: amounts falling due within one year
2023 
£ 
Taxes and social security
2,660 
Accruals
1,104 
3,764 
6
Creditors: amounts falling due after more than one year
2023 
£ 
Other creditors
108,585 
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'Just the Tonic' Properties Ltd Notes to the Accounts for the period from 8 November 2022 to 30 November 2023
7
Transactions with related parties
Tonic Collective Ltd The above is a related party by virtue of common control. During the year, the related party loaned the company money and expenses were paid for by the company on the related party's behalf. At the balance sheet date the related party was owed £108,585 by the company. No interest was charged on the loan.
8
Average number of employees
During the period the average number of employees was 0.
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