Treevale Limited Filleted Accounts Cover
Treevale Limited
Company No. 02174108
Information for Filing with The Registrar
31 March 2024
Treevale Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 March 2024.
Principal activities
The principal activity of the company during the year under review was running a residential home .
Directors
The Directors who served at any time during the year were as follows:
J.B. Kirkby
S.S. Kirkby
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
S.S. Kirkby
Director
21 August 2024
Treevale Limited Balance Sheet Registrar
at
31 March 2024
Company No.
02174108
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
121,030126,363
121,030126,363
Current assets
Debtors
5
412,650357,273
Cash at bank and in hand
80,4209,555
493,070366,828
Creditors: Amount falling due within one year
6
(174,604)
(258,589)
Net current assets
318,466108,239
Total assets less current liabilities
439,496234,602
Net assets
439,496234,602
Capital and reserves
Called up share capital
100100
Profit and loss account
8
439,396234,502
Total equity
439,496234,602
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 31 March 2024 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 21 August 2024 and signed on its behalf by:
S.S. Kirkby
Director
21 August 2024
Treevale Limited Notes to the Accounts Registrar
for the year ended 31 March 2024
1
General information
Treevale Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 02174108
Its registered office is:
3rd Floor, 1 Temple Square
24 Dale Street
Liverpool
L2 5RL
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover represents the amounts receivable from residents fees.
Tangible fixed assets and depreciation
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.
Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:
Freehold buildings
2% Straight line
Motor vehicles
25% Straight line
Furniture, fittings and equipment
20% Straight line
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
3635
4
Tangible fixed assets
Land and buildings
Fixtures, fittings and equipment
Total
£
£
£
Cost or revaluation
At 1 April 2023
356,42552,931409,356
Additions
-2,3702,370
At 31 March 2024
356,42555,301411,726
Depreciation
At 1 April 2023
230,46252,531282,993
Charge for the year
7,1295747,703
At 31 March 2024
237,59153,105290,696
Net book values
At 31 March 2024
118,8342,196121,030
At 31 March 2023
125,963
400
126,363
5
Debtors
2024
2023
£
£
Trade debtors
47,42531,036
Corporation tax recoverable
-26,302
Other debtors
361,849296,534
Prepayments and accrued income
3,3763,401
412,650357,273
6
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
-46,995
Trade creditors
16,5999,146
Taxes and social security
79,779
6,908
Loans from directors
6,800126,800
Other creditors
67,88664,324
Accruals and deferred income
3,5404,416
174,604258,589
7
Share Capital
100 £1 ordinary shares called up and fully paid.
8
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
9
Advances and credits to directors
2024
£
At 1 April 2023
120,000
Amounts repaid in the period
120,000
10
Related party disclosures
Transactions with related parties
Treevale Limited has related party transactions with Alinbrook Limited, a company controlled by Mr S.S. Kirkby. Treevale Limited owes Alinbrook Limited £65,184 (2023 £63,493). Interest has been charged at the bank base rate £3,191 (2023 £2,259).

Treevale Limited has related party transactions with E and G Estates Limited, Mr S.S. Kirkby is a director of E and G Estates Limited. E and G Estates Limited owes Treevale Limited £361,849(2023 £296,534). Interest has been charged at the bank base rate £15,315 (2023 £10,068).

J.B Kirkby a director and shareholder of Treevale Limited loaned the company £120,000 on 3rd April 2023, this was repaid in full by the 8th January 2024. Mr J.B Kirkby received interest amount to £9,836 on 9th January 2024
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