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Company Registration No. 07455315 (England and Wales)
Townbridge Estate Agents Limited Unaudited accounts for the year ended 30 November 2023
Townbridge Estate Agents Limited Unaudited accounts Contents
Page
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Townbridge Estate Agents Limited Company Information for the year ended 30 November 2023
Directors
Carl Sharrock Ian Sharrock Mark Sharrock
Company Number
07455315 (England and Wales)
Registered Office
1 St. Michaels Way Middlewich Cheshire CW10 9DX England
Accountants
Batesons Management Services Ltd 2 Statham Court Statham Street Macclesfield Cheshire SK11 6XN
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Townbridge Estate Agents Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
23,804 
26,854 
Current assets
Debtors
7,372 
43,300 
Cash at bank and in hand
191,299 
246,964 
198,671 
290,264 
Creditors: amounts falling due within one year
(78,079)
(96,854)
Net current assets
120,592 
193,410 
Total assets less current liabilities
144,396 
220,264 
Creditors: amounts falling due after more than one year
(23,552)
(34,119)
Provisions for liabilities
Deferred tax
(4,523)
(4,470)
Net assets
116,321 
181,675 
Capital and reserves
Called up share capital
600 
600 
Profit and loss account
115,721 
181,075 
Shareholders' funds
116,321 
181,675 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 6 May 2024 and were signed on its behalf by
Carl Sharrock Director Company Registration No. 07455315
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Townbridge Estate Agents Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Townbridge Estate Agents Limited is a private company, limited by shares, registered in England and Wales, registration number 07455315. The registered office is 1 St. Michaels Way, Middlewich, Cheshire, CW10 9DX, England.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance basis
Other tangible fixed assets
10% straight line basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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Townbridge Estate Agents Limited Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
4,159 
56,207 
60,366 
Additions
- 
927 
927 
At 30 November 2023
4,159 
57,134 
61,293 
Depreciation
At 1 December 2022
832 
32,680 
33,512 
Charge for the year
416 
3,561 
3,977 
At 30 November 2023
1,248 
36,241 
37,489 
Net book value
At 30 November 2023
2,911 
20,893 
23,804 
At 30 November 2022
3,327 
23,527 
26,854 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,713 
1,560 
Accrued income and prepayments
659 
648 
Other debtors
- 
41,092 
7,372 
43,300 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
4,928 
11,823 
Trade creditors
378 
249 
Taxes and social security
56,622 
69,294 
Accruals
6,151 
5,488 
78,079 
96,854 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
23,333 
33,333 
Loans from directors
219 
786 
23,552 
34,119 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
600 Ordinary shares of £1 each
600 
600 
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Townbridge Estate Agents Limited Notes to the Accounts for the year ended 30 November 2023
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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