Company Registration No. 06022471 (England and Wales)
Telford Park Investments Limited
Unaudited accounts
for the year ended 31 December 2023
Telford Park Investments Limited
Unaudited accounts
Contents
Telford Park Investments Limited
Company Information
for the year ended 31 December 2023
Directors
Mr P A Hurst
Mr A Morris
Company Number
06022471 (England and Wales)
Registered Office
Enterprise House
5 Telford Close
Brunel Park, Aylesbury
Buckinghamshire
HP19 8DZ
UK
Accountants
Bell Howley Perrotton LLP
53 Davies Street
Mayfair
London
W1K 5JH
Telford Park Investments Limited
Accountants' report
Accountants' report to the board of directors of Telford Park Investments Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Telford Park Investments Limited for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Telford Park Investments Limited, as a body, in accordance with the terms of our engagement letter dated 1 October 2010. Our work has been undertaken solely to prepare for your approval the accounts of Telford Park Investments Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Telford Park Investments Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Telford Park Investments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Telford Park Investments Limited. You consider that Telford Park Investments Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Telford Park Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Bell Howley Perrotton LLP
53 Davies Street
Mayfair
London
W1K 5JH
12 September 2024
Telford Park Investments Limited
Statement of financial position
as at 31 December 2023
Investment property
-
926,210
Cash at bank and in hand
38,282
70,915
Creditors: amounts falling due within one year
(55,563)
(29,825)
Net current (liabilities)/assets
(17,050)
41,278
Net assets
1,244,952
967,488
Called up share capital
3,751
3,751
Fair value reserve
335,792
-
Capital redemption reserve
305,218
305,218
Profit and loss account
600,191
658,519
Shareholders' funds
1,244,952
967,488
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. 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 12 September 2024 and were signed on its behalf by
Mr P A Hurst
Director
Company Registration No. 06022471
Telford Park Investments Limited
Notes to the Accounts
for the year ended 31 December 2023
Telford Park Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 06022471. The registered office is Enterprise House, 5 Telford Close, Brunel Park, Aylesbury, Buckinghamshire, HP19 8DZ, UK.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 January 2023
926,210
5
Investments
Other investments
Valuation at 1 January 2023
-
Fair value adjustments
335,792
Valuation at 31 December 2023
1,262,002
Amounts falling due within one year
Telford Park Investments Limited
Notes to the Accounts
for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
10,986
Other creditors
3,214
3,214
Loans from directors
4,826
-
Allotted, called up and fully paid:
59,400 Ordinary shares A Shares of £0.05 each
2,970
2,970
20 Ordinary shares B Shares of £0.05 each
1
1
1,300 Ordinary shares C Shares of £0.05 each
65
65
1,300 Ordinary shares D Shares of £0.05 each
65
65
13,000 Ordinary shares E Shares of £0.05 each
650
650
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).