0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 5,721 5,721 5,721 xbrli:pure xbrli:shares iso4217:GBP 1443750 2023-01-01 2023-12-31 1443750 2023-12-31 1443750 2022-12-31 1443750 2022-01-01 2022-12-31 1443750 2022-12-31 1443750 2021-12-31 1443750 bus:Director1 2023-01-01 2023-12-31 1443750 bus:Director7 2023-01-01 2023-12-31 1443750 core:WithinOneYear 2023-12-31 1443750 core:WithinOneYear 2022-12-31 1443750 core:ShareCapital 2023-12-31 1443750 core:ShareCapital 2022-12-31 1443750 core:RetainedEarningsAccumulatedLosses 2023-12-31 1443750 core:RetainedEarningsAccumulatedLosses 2022-12-31 1443750 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 1443750 core:LandBuildings core:OwnedOrFreeholdAssets 2022-12-31 1443750 bus:SmallEntities 2023-01-01 2023-12-31 1443750 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 1443750 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 1443750 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 1443750 bus:FullAccounts 2023-01-01 2023-12-31
COMPANY REGISTRATION NUMBER: 1443750
TOWNGRANGES LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 December 2023
TOWNGRANGES LIMITED
STATEMENT OF FINANCIAL POSITION
31 December 2023
2023
2022
Note
£
£
£
£
FIXED ASSETS
Tangible assets
5
5,721
5,721
CURRENT ASSETS
Debtors
6
750
5,500
Cash at bank and in hand
38,719
25,828
--------
--------
39,469
31,328
CREDITORS: amounts falling due within one year
8
2,506
1,571
--------
--------
NET CURRENT ASSETS
36,963
29,757
--------
--------
TOTAL ASSETS LESS CURRENT LIABILITIES
42,684
35,478
--------
--------
NET ASSETS
42,684
35,478
--------
--------
CAPITAL AND RESERVES
Called up share capital
11
11
Profit and loss account
42,673
35,467
--------
--------
SHAREHOLDERS FUNDS
42,684
35,478
--------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
TOWNGRANGES LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
31 December 2023
These financial statements were approved by the board of directors and authorised for issue on 7 September 2024 , and are signed on behalf of the board by:
Mrs S A Tanner
Mrs K Knowles
Director
Director
Company registration number: 1443750
TOWNGRANGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2023
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11 Walmgate, York, YO1 9TX.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Revenue recognition
The turnover shown in the Statement of Income and Retained Earnings represents the amount derived from ordinary activities.
(c) Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
(d) Tangible assets
Freehold land is stated at cost and no provision is made to write off that cost over the estimated useful life of the asset.
(e) Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 5 (2022: 5).
5. TANGIBLE ASSETS
Freehold property
£
Cost
At 1 January 2023 and 31 December 2023
5,721
-------
Depreciation
At 1 January 2023 and 31 December 2023
-------
Carrying amount
At 31 December 2023
5,721
-------
At 31 December 2022
5,721
-------
6. DEBTORS
2023
2022
£
£
Trade debtors
750
5,500
----
-------
7. CASH AT BANK
£38,719 of the bank account funds are held in trust by Mulberry PM Limited in their clients account.
8. CREDITORS: amounts falling due within one year
2023
2022
£
£
Trade creditors
111
337
Corporation tax
32
2
Other creditors
2,363
1,232
-------
-------
2,506
1,571
-------
-------