TEEFA PROPERTIES LTD

Company Registration Number:
12504062 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TEEFA PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

TEEFA PROPERTIES LTD

Company Information

for the Period Ended 31 March 2024




Director: OLAYIWOLA T. FAKOKUNDE
Registered office: 30
Argyle Road
London
England
N17 0BE
Company Registration Number: 12504062 (England and Wales)

TEEFA PROPERTIES LTD

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Residents Property Management

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
OLAYIWOLA T. FAKOKUNDE

This report was approved by the board of directors on 31 August 2024
And Signed On Behalf Of The Board By:

Name: OLAYIWOLA T. FAKOKUNDE
Status: Director

TEEFA PROPERTIES LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 2,970 4,160
Total fixed assets: 2,970 4,160
Current assets
Debtors: 5 3,185 55
Cash at bank and in hand: 23,902 51,153
Total current assets: 27,087 51,208
Creditors: amounts falling due within one year: 6 ( 0 ) ( 2,354 )
Net current assets (liabilities): 27,087 48,854
Total assets less current liabilities: 30,057 53,014
Creditors: amounts falling due after more than one year: 7 ( 45,400 ) ( 69,400 )
Total net assets (liabilities): ( 15,343 ) ( 16,386 )

The notes form part of these financial statements

TEEFA PROPERTIES LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 15,344 ) ( 16,387 )
Shareholders funds: ( 15,343 ) ( 16,386 )

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 August 2024
And Signed On Behalf Of The Board By:

Name: OLAYIWOLA T. FAKOKUNDE
Status: Director

The notes form part of these financial statements

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 April 2023 8,350 8,350
Additions 600 600
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2024 8,950 8,950
Depreciation
At 01 April 2023 4,190 4,190
Charge for year 1,790 1,790
On disposals - -
Other adjustments - -
At 31 March 2024 5,980 5,980
Net book value
At 31 March 2024 2,970 2,970
At 31 March 2023 4,160 4,160

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors


2024
£

2023
£
Prepayments and accrued income 185 55
Other debtors 3,000
Total 3,185 55

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 0 1,704
Other creditors 0 650
Total 0 2,354

TEEFA PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 45,400 69,400
Total 45,400 69,400