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
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
Townbridge Estate Agents Limited
Statement of financial position
as at 30 November 2023
Tangible assets
23,804
26,854
Cash at bank and in hand
191,299
246,964
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
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
Townbridge Estate Agents Limited
Notes to the Accounts
for the year ended 30 November 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 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.
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
At 30 November 2023
4,159
57,134
61,293
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
At 30 November 2023
2,911
20,893
23,804
At 30 November 2022
3,327
23,527
26,854
Amounts falling due within one year
Accrued income and prepayments
659
648
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Taxes and social security
56,622
69,294
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
219
786
Allotted, called up and fully paid:
600 Ordinary shares of £1 each
600
600
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).