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REGISTERED NUMBER: 03384445 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

TREE BEECH LIMITED

TREE BEECH LIMITED (REGISTERED NUMBER: 03384445)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


TREE BEECH LIMITED (REGISTERED NUMBER: 03384445)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 597,486 600,715
Investment property 5 537,026 775,185
1,134,512 1,375,900

CURRENT ASSETS
Stocks 915,019 881,366
Debtors: amounts falling due within one
year

6

2,862,500

1,862,500
Cash at bank 946,998 1,425,947
4,724,517 4,169,813
CREDITORS
Amounts falling due within one year 7 351,998 360,604
NET CURRENT ASSETS 4,372,519 3,809,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,507,031

5,185,109

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 9 5,506,031 5,184,109
SHAREHOLDERS' FUNDS 5,507,031 5,185,109

TREE BEECH LIMITED (REGISTERED NUMBER: 03384445)

BALANCE SHEET - continued
30 NOVEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 August 2024 and were signed by:





Mr R I C Huxtable - Director


TREE BEECH LIMITED (REGISTERED NUMBER: 03384445)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Tree Beech Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 03384445

Registered office: Suite 496
2 Old Brompton Road
LONDON
SW7 3DQ

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
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Depreciation
Depreciation is calculated so as to write off the cost of an asset over the useful economic life of that asset as follows:

Leasehold property- Straight line basis over the life of the lease
Fixtures and equipment- 15% reducing balance
Motor vehicles- 25% reducing balance

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.

Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

TREE BEECH LIMITED (REGISTERED NUMBER: 03384445)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Freehold Fixtures
land and and Motor
property equipment vehicles Totals
£    £    £    £   
COST
At 1 December 2022
and 30 November 2023 681,428 50,347 33,290 765,065
DEPRECIATION
At 1 December 2022 100,094 34,174 30,082 164,350
Charge for year - 2,427 802 3,229
At 30 November 2023 100,094 36,601 30,884 167,579
NET BOOK VALUE
At 30 November 2023 581,334 13,746 2,406 597,486
At 30 November 2022 581,334 16,173 3,208 600,715

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 775,185
Disposals (238,159 )
At 30 November 2023 537,026
NET BOOK VALUE
At 30 November 2023 537,026
At 30 November 2022 775,185

TREE BEECH LIMITED (REGISTERED NUMBER: 03384445)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,862,500 1,862,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 102,861 88,491
Deferred income 2,090 6,931
Other creditors 4,428 4,428
Directors' loan account 231,099 239,234
Accrued expenses 11,520 21,520
351,998 360,604

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 Ordinary £1 1,000 1,000

9. RESERVES
Retained
earnings
£   

At 1 December 2022 5,184,109
Profit for the year 340,922
Dividends (19,000 )
At 30 November 2023 5,506,031

TREE BEECH LIMITED (REGISTERED NUMBER: 03384445)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


10. RELATED PARTY DISCLOSURES

During the year the company entered into the following related party transactions:

R Huxtable
(Director)

During the year the company paid dividends of £19,000 (2022: £59,000) to the director. At the balance sheet date the amount due to Mr R Huxtable was £130,007 (2022: £239,234).

Mr R Huxtable
(Son of Director)

During the year the company paid management fees totalling £30,000 (2022: £80,000) to Rocky Huxtable Properties and Southern Star (1981) Ltd which are entities owned and controlled by Mr Rocky Huxtable.

Miss J Huxtable
(Daughter of Director)

During the year the company paid management fees totalling £9,000 (2022: £9,000) to Miss J Huxtable.

Waterfront Homes (1998) Ltd

To date, the company has lent Waterfront Homes (1998) Ltd, an entity in which Mr R Huxtable is also a director, £2,250,000.

The loan was on a normal commercial basis and stood at £2,250,000 at the current year end.