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
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
'Just the Tonic' Properties Ltd
Statement of financial position
as at 30 November 2023
Investment property
112,926
Cash at bank and in hand
9,333
Creditors: amounts falling due within one year
(3,764)
Total assets less current liabilities
118,495
Creditors: amounts falling due after more than one year
(108,585)
Called up share capital
100
Profit and loss account
9,810
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
'Just the Tonic' Properties Ltd
Notes to the Accounts
for the period from 8 November 2022 to 30 November 2023
'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.
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.
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.
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 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.
At 30 November 2023
112,926
5
Creditors: amounts falling due within one year
2023
Taxes and social security
2,660
6
Creditors: amounts falling due after more than one year
2023
'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.