Company registration number 13035673 (England and Wales)
TIERNEY PROPERTY CO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
PAGES FOR FILING WITH REGISTRAR
TIERNEY PROPERTY CO LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
TIERNEY PROPERTY CO LTD
BALANCE SHEET
AS AT 30 NOVEMBER 2023
30 November 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
2
6,199
6,431
Investment properties
3
264,824
261,995
271,023
268,426
Current assets
Debtors
4
3,498
3,361
Cash at bank and in hand
15
5,320
3,513
8,681
Creditors: amounts falling due within one year
5
(149,721)
(130,982)
Net current liabilities
(146,208)
(122,301)
Total assets less current liabilities
124,815
146,125
Creditors: amounts falling due after more than one year
6
(164,937)
(164,937)
Provisions for liabilities
(222)
Net liabilities
(40,122)
(19,034)
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
(40,222)
(19,134)
Total equity
(40,122)
(19,034)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 28 August 2024 and are signed on its behalf by:
Mr Anthony Tierney
Director
Company Registration No. 13035673
TIERNEY PROPERTY CO LTD
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023
30 November 2023
- 2 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
2
2
2
Tangible fixed assets
Plant and machinery
£
Cost
At 1 December 2022
7,200
Additions
1,087
At 30 November 2023
8,287
Depreciation and impairment
At 1 December 2022
769
Depreciation charged in the year
1,319
At 30 November 2023
2,088
Carrying amount
At 30 November 2023
6,199
At 30 November 2022
6,431
3
Investment property
2023
£
Fair value
At 1 December 2022
261,995
Additions
2,829
At 30 November 2023
264,824
The investment property is secured by a fixed charge dated 26 October 2022 in favour of Nottingham Building Society.
TIERNEY PROPERTY CO LTD
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2023
30 November 2023
- 3 -
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
274
Other debtors
3,224
3,361
3,498
3,361
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
79
82
Other creditors
149,642
130,900
149,721
130,982
6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
164,937
164,937
7
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
76
76
76
76
B Ordinary shares of £1 each
24
24
24
24
100
100
100
100