1 November 2022 false No description of principal activity Taxfiler 2024.5 12264935business:PrivateLimitedCompanyLtd2022-11-012023-10-31 122649352022-10-31 122649352022-11-012023-10-31 12264935business:AuditExempt-NoAccountantsReport2022-11-012023-10-31 12264935business:FilletedAccounts2022-11-012023-10-31 122649352023-10-31 12264935business:Director12022-11-012023-10-31 12264935business:Director22022-11-012023-10-31 12264935business:RegisteredOffice2022-11-012023-10-31 122649352022-10-31 12264935core:WithinOneYear2023-10-31 12264935core:WithinOneYear2022-10-31 12264935core:AfterOneYear2023-10-31 12264935core:AfterOneYear2022-10-31 12264935core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 12264935core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 12264935core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 12264935core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12264935core:PreviouslyStatedAmount2023-10-31 12264935core:PreviouslyStatedAmount2022-10-31 12264935business:SmallEntities2022-11-012023-10-31 12264935countries:EnglandWales2022-11-012023-10-31 12264935core:PlantMachinery2022-11-012023-10-31 12264935core:MotorVehicles2022-11-012023-10-31 12264935core:LandBuildings2022-10-31 12264935core:PlantMachinery2022-10-31 12264935core:MotorVehicles2022-10-31 12264935core:LandBuildings2022-11-012023-10-31 12264935core:LandBuildings2023-10-31 12264935core:PlantMachinery2023-10-31 12264935core:MotorVehicles2023-10-31 122649352021-11-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12264935 (England and Wales)
TO BE PROPERTIES LTD Unaudited accounts for the year ended 31 October 2023
TO BE PROPERTIES LTD Unaudited accounts Contents
Page
- 2 -
TO BE PROPERTIES LTD Company Information for the year ended 31 October 2023
Directors
Tai Wee Kuang Baizhou Cai
Company Number
12264935 (England and Wales)
Registered Office
2 FLAT 4302 2 PRINCIPAL PLACE WORSHIP STREET LONDON EC2A 2FG UNITED KINGDOM
- 3 -
TO BE PROPERTIES LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
811,731 
636,742 
Current assets
Inventories
1,050,000 
- 
Cash at bank and in hand
440,929 
1,212,410 
1,490,929 
1,212,410 
Creditors: amounts falling due within one year
2,373 
- 
Net current assets
1,493,302 
1,212,410 
Total assets less current liabilities
2,305,033 
1,849,152 
Creditors: amounts falling due after more than one year
(2,490,000)
(1,990,000)
Net liabilities
(184,967)
(140,848)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(185,067)
(140,948)
Shareholders' funds
(184,967)
(140,848)
For the year ending 31 October 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 31 October 2024 and were signed on its behalf by
Baizhou Cai Director Company Registration No. 12264935
- 4 -
TO BE PROPERTIES LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
TO BE PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12264935. The registered office is 2 FLAT 4302, 2 PRINCIPAL PLACE WORSHIP STREET, LONDON, EC2A 2FG, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
consider useful life of 5 year. Straight line methods
Motor vehicles
consider useful life of 6 year. Straight line methods
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
587,250 
- 
59,390 
646,640 
Additions
- 
231,108 
- 
231,108 
At 31 October 2023
587,250 
231,108 
59,390 
877,748 
Depreciation
At 1 November 2022
- 
- 
9,898 
9,898 
Charge for the year
- 
46,221 
9,898 
56,119 
At 31 October 2023
- 
46,221 
19,796 
66,017 
Net book value
At 31 October 2023
587,250 
184,887 
39,594 
811,731 
At 31 October 2022
587,250 
- 
49,492 
636,742 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
(2,373)
- 
- 5 -
TO BE PROPERTIES LTD Notes to the Accounts for the year ended 31 October 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
2,490,000 
1,990,000 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -