1 November 2022 false No description of principal activity Taxfiler 2024.5 11143176business:PrivateLimitedCompanyLtd2022-11-012023-10-31 111431762022-10-31 111431762022-11-012023-10-31 11143176business:AuditExemptWithAccountantsReport2022-11-012023-10-31 11143176business:FilletedAccounts2022-11-012023-10-31 111431762023-10-31 11143176business:Director12022-11-012023-10-31 11143176business:RegisteredOffice2022-11-012023-10-31 111431762022-10-31 11143176core:WithinOneYear2023-10-31 11143176core:WithinOneYear2022-10-31 11143176core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 11143176core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 11143176core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 11143176core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 11143176core:PreviouslyStatedAmount2023-10-31 11143176core:PreviouslyStatedAmount2022-10-31 11143176business:SmallEntities2022-11-012023-10-31 11143176countries:EnglandWales2022-11-012023-10-31 11143176core:ComputerEquipment2022-11-012023-10-31 11143176core:ComputerEquipment2022-10-31 11143176core:ComputerEquipment2023-10-31 111431762021-11-012022-10-31 iso4217:GBP xbrli:pure
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
Page
- 2 -
Tate Estates Limited Company Information for the year ended 31 October 2023
Director
Mr Shane Tate
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
- 3 -
Tate Estates Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
52 
52 
Current assets
Inventories
114,639 
114,639 
Debtors
461,386 
367,561 
Cash at bank and in hand
4,683 
59,380 
580,708 
541,580 
Creditors: amounts falling due within one year
(16,322)
(4,653)
Net current assets
564,386 
536,927 
Net assets
564,438 
536,979 
Capital and reserves
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
- 4 -
Tate Estates Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
3
Accounting policies
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.
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.
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 
£ 
Cost or valuation
At cost 
At 1 November 2022
190 
At 31 October 2023
190 
Depreciation
At 1 November 2022
190 
At 31 October 2023
190 
Net book value
At 31 October 2023
- 
5
Investments
Other investments 
£ 
Valuation at 1 November 2022
52 
Valuation at 31 October 2023
52 
- 5 -
Tate Estates Limited Notes to the Accounts for the year ended 31 October 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,872 
2,188 
Trade debtors
- 
900 
Amounts due from group undertakings etc.
215,854 
121,639 
Other debtors
242,660 
242,834 
461,386 
367,561 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
944 
4,103 
Amounts owed to group undertakings and other participating interests
3,000 
- 
Taxes and social security
4,487 
- 
Other creditors
7,341 
- 
Accruals
550 
550 
16,322 
4,653 
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.
9
Controlling party
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).
- 6 -