BrightAccountsProduction v1.0.0 v1.0.0 2022-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is the construction of domestic buildings. 14 May 2024 2 2 12366815 2022-12-31 12366815 2021-12-31 12366815 2020-12-31 12366815 2022-01-01 2022-12-31 12366815 2021-01-01 2021-12-31 12366815 uk-bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 12366815 uk-curr:PoundSterling 2022-01-01 2022-12-31 12366815 uk-bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 12366815 uk-bus:FullAccounts 2022-01-01 2022-12-31 12366815 uk-bus:Director1 2022-01-01 2022-12-31 12366815 uk-bus:Director2 2022-01-01 2022-12-31 12366815 uk-bus:RegisteredOffice 2022-01-01 2022-12-31 12366815 uk-bus:Agent1 2022-01-01 2022-12-31 12366815 uk-core:ShareCapital 2022-12-31 12366815 uk-core:ShareCapital 2021-12-31 12366815 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 12366815 uk-core:RetainedEarningsAccumulatedLosses 2021-12-31 12366815 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-12-31 12366815 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2021-12-31 12366815 uk-bus:FRS102 2022-01-01 2022-12-31 12366815 uk-core:CurrentFinancialInstruments 2022-12-31 12366815 uk-core:CurrentFinancialInstruments 2021-12-31 12366815 uk-core:CurrentFinancialInstruments 2022-12-31 12366815 uk-core:CurrentFinancialInstruments 2021-12-31 12366815 uk-core:WithinOneYear 2022-12-31 12366815 uk-core:WithinOneYear 2021-12-31 12366815 uk-core:WithinOneYear 2022-12-31 12366815 uk-core:WithinOneYear 2021-12-31 12366815 uk-core:AfterOneYear 2022-12-31 12366815 uk-core:AfterOneYear 2021-12-31 12366815 uk-core:AfterOneYear 2022-12-31 12366815 uk-core:AfterOneYear 2021-12-31 12366815 uk-core:BetweenOneTwoYears 2022-12-31 12366815 uk-core:BetweenOneTwoYears 2021-12-31 12366815 uk-core:BetweenTwoFiveYears 2022-12-31 12366815 uk-core:BetweenTwoFiveYears 2021-12-31 12366815 uk-core:ParentEntities 2022-01-01 2022-12-31 12366815 uk-core:UltimateParent 2022-01-01 2022-12-31 12366815 2022-01-01 2022-12-31 12366815 uk-bus:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
Company Registration Number: 12366815
 
 
TH Annesley Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 December 2022
TH Annesley Limited
Directors and Other Information

 
Directors Brian Martin McCracken
Nicolas Patrick Taggart
 
 
Company Registration Number 12366815
 
 
Registered Office and Business Address 21 Pemberton Street
Birmingham
B18 6NY
England
 
 
Accountants HCA Chartered Accountants Ltd
Chartered Accountants
12 Cromac Place
Belfast
Co. Antrim
BT7 2JB
Northern Ireland
 
 
Bankers Santander UK PLC
  2 Triton Square
  Regent's Place
  London
  NW1 3AN
  United Kingdom
 
   
Solicitors A&L Goodbody
  42-46 Fountain St, Belfast
  Belfast
  Co. Antrim
  BT1 5EB
  Northern Ireland



TH Annesley Limited
Company Registration Number: 12366815
Balance Sheet
as at 31 December 2022

2022 2021
Notes £ £
 
Current Assets
Stocks 4 - 6,974,837
Debtors 5 64,054 70,410
Cash and cash equivalents 615,683 155,318
───────── ─────────
679,737 7,200,565
───────── ─────────
Creditors: amounts falling due within one year 6 (654,482) (2,602,527)
───────── ─────────
Net Current Assets 25,255 4,598,038
───────── ─────────
Total Assets less Current Liabilities 25,255 4,598,038
 
Creditors:
amounts falling due after more than one year 7 (26,783) (4,597,062)
───────── ─────────
Net (Liabilities)/Assets (1,528) 976
═════════ ═════════
 
Capital and Reserves
Called up share capital 1,000 1,000
Retained earnings (2,528) (24)
───────── ─────────
Equity attributable to owners of the company (1,528) 976
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.
           
For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.
           
Approved by the Board and authorised for issue on 14 May 2024 and signed on its behalf by
           
           
________________________________          
Brian Martin McCracken          
Director          
           
           
________________________________
Nicolas Patrick Taggart
Director
           



TH Annesley Limited
Notes to the Financial Statements
for the financial year ended 31 December 2022

   
1. General Information
 
TH Annesley Limited is a company limited by shares incorporated and registered in the England. The registered number of the company is 12366815. The registered office of the company is 21 Pemberton Street, Birmingham, B18 6NY, England which is also the principal place of business of the company. The principal activity of the company is the construction of domestic buildings. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 December 2022 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Stocks
Stocks are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing stocks to their present location and condition.  Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company did not operate a pension scheme during the period.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors, during the financial year was 2, (2021 - 2).
 
  2022 2021
  Number Number
 
Directors 2 2
  ═════════ ═════════
       
4. Stocks 2022 2021
  £ £
 
Work in progress - 6,974,837
  ═════════ ═════════
       
5. Debtors 2022 2021
  £ £
 
Amounts owed by group undertakings - 3,000
Other debtors 62,460 62,460
Taxation  (Note 8) 1,594 4,950
  ───────── ─────────
  64,054 70,410
  ═════════ ═════════
       
6. Creditors 2022 2021
Amounts falling due within one year £ £
 
Bank loan 9,984 2,383,441
Trade creditors 14,839 12,072
Amounts owed to group undertakings 110,244 135,368
Other creditors - 66,646
Accruals 519,415 5,000
  ───────── ─────────
  654,482 2,602,527
  ═════════ ═════════
       
7. Creditors 2022 2021
Amounts falling due after more than one year £ £
 
Bank loan 26,783 2,165,271
Amounts owed to group undertakings - 2,431,791
  ───────── ─────────
  26,783 4,597,062
  ═════════ ═════════
 
Loans
Repayable in one year or less, or on demand (Note 6) 9,984 2,383,441
Repayable between one and two years 10,000 2,138,508
Repayable between two and five years 16,783 26,763
  ───────── ─────────
  36,767 4,548,712
  ═════════ ═════════
 
 
Shawbrook Bank Limited, held a fixed and floating charge over the freehold land and property at Derby Road, Annesley Nottingham.
KB Developments Limited held a fixed and floating charge over the freehold property at Derby Road, Annesley, Nottingham.
       
8. Taxation 2022 2021
  £ £
 
Debtors:
VAT 1,594 4,950
  ═════════ ═════════
       
9. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 December 2022.
           
10. Related party transactions
The company has availed of the exemption under FRS 102 Section 1A in relation to the disclosure of transactions with group undertakings.
   
11. Parent and ultimate parent company
 
The company regards TH KB Group Limited as its parent company.
 
The companys ultimate parent undertaking is KB Developments Limited.
The address of KB Developments Limited is 12 Cromac Place Co. Antrim Northern Ireland BT7 2JB.
 
   
12. Post-Balance Sheet Events
 
Government restrictions implemented as a result of the Covid-19 pandemic had a very limited impact on the company's operations during and after the reporting date. There have been no other significant events affecting the company since the reporting date.
       
13. Share Capital
 
The ordinary share capital of the company was comprised of 1,000 ordinary shares of £1 each.