Company Registration No. 11143176 (England and Wales)
Tate Estates Limited
Unaudited accounts
for the year ended 31 October 2023
Tate Estates Limited
Unaudited accounts
Contents
Tate Estates Limited
Company Information
for the year ended 31 October 2023
Company Number
11143176 (England and Wales)
Registered Office
Osborne House
20 Victoria Avenue
Harrogate
North Yorkshire
HG1 5QY
United Kingdom
Accountants
John Shackleton & Co Ltd,
10 Claro Court Business Centre
Claro Road
Harrogate
North Yorkshire
HG1 4BA
Tate Estates Limited
Statement of financial position
as at 31 October 2023
Inventories
114,639
114,639
Cash at bank and in hand
4,683
59,380
Creditors: amounts falling due within one year
(16,322)
(4,653)
Net current assets
564,386
536,927
Net assets
564,438
536,979
Called up share capital
100
100
Profit and loss account
564,338
536,879
Shareholders' funds
564,438
536,979
For the year ending 31 October 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 16 August 2024 and were signed on its behalf by
Mr Shane Tate
Director
Company Registration No. 11143176
Tate Estates Limited
Notes to the Accounts
for the year ended 31 October 2023
Tate Estates Limited is a private company, limited by shares, registered in England and Wales, registration number 11143176. The registered office is Osborne House, 20 Victoria Avenue, Harrogate, North Yorkshire, HG1 5QY, United Kingdom.
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:
Computer equipment
Inherited office equipment written off in year of acquistion
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 November 2022
52
Valuation at 31 October 2023
52
Tate Estates Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
215,854
121,639
Other debtors
242,660
242,834
7
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
3,000
-
Taxes and social security
4,487
-
8
Transactions with related parties
During the year the company was issued a credit note in respect of overcharged management fees by Harmil LLP of £40000 (2022 Charged £168020)
At 31 October 2023 the following balances wee outstanding
Industrial Development Projects Ltd of £242660 (2022 £242660) 50% joint venture company
Group balances are disclosed in the notes.
The company is a 100% subsidiary of Tate Group Ltd
10
Average number of employees
During the year the average number of employees was 0 (2022: 0).