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REGISTERED NUMBER: 03507509 (England and Wales)














ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 JULY 2022 TO 29 JULY 2023

FOR

TEDALE PROPERTIES LIMITED

TEDALE PROPERTIES LIMITED (REGISTERED NUMBER: 03507509)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 JULY 2022 TO 29 JULY 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TEDALE PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 JULY 2022 TO 29 JULY 2023







DIRECTORS: Mrs M J Fogarty
Mr B P Fogarty





REGISTERED OFFICE: c/o Michael Filiou Ltd
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS





REGISTERED NUMBER: 03507509 (England and Wales)





ACCOUNTANTS: Michael Filiou Ltd
Chartered Certified Accountants
www.michaelfiliou.com
Salisbury House
81 High Street
Potters Bar
Hertfordshire
EN6 5AS

TEDALE PROPERTIES LIMITED (REGISTERED NUMBER: 03507509)

ABRIDGED BALANCE SHEET
29 JULY 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 170,791 28,999
Cash at bank - 183,776
170,791 212,775
CREDITORS
Amounts falling due within one year 163,832 203,190
NET CURRENT ASSETS 6,959 9,585
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,959

9,585

CAPITAL AND RESERVES
Called up share capital 4 100 100
Retained earnings 6,859 9,485
SHAREHOLDERS' FUNDS 6,959 9,585

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 July 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 July 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TEDALE PROPERTIES LIMITED (REGISTERED NUMBER: 03507509)

ABRIDGED BALANCE SHEET - continued
29 JULY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 29 July 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:




Mr B P Fogarty - Director



Mrs M J Fogarty - Director


TEDALE PROPERTIES LIMITED (REGISTERED NUMBER: 03507509)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 JULY 2022 TO 29 JULY 2023


1. STATUTORY INFORMATION

Tedale Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value of rental income chargeable in respect of the company's investment properties. Turnover is recognised evenly over the period of the rental agreement.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

TEDALE PROPERTIES LIMITED (REGISTERED NUMBER: 03507509)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 JULY 2022 TO 29 JULY 2023


4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1.00 100 100

5. RELATED PARTY DISCLOSURES

Fogarty Investments Ltd
Tedale Properties Limited made a loan to Fogarty Investments Ltd, a company in which Mr Byron Fogarty is also a director and 100% shareholder. This is an unsecured interest free loan which is repayable on demand. At the balance sheet date, the amount owed by Fogarty Investments Ltd to the company is £170,791 (2022: £28,999).



6. ULTIMATE CONTROLLING PARTY

The director, Mr Byron Fogarty, is considered to be the ultimate controlling party by virtue of the fact that he owns 99% of the issued share capital.