Totmoor Limited 01311306 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is development of building projects. Digita Accounts Production Advanced 6.30.9574.0 true true 01311306 2023-04-01 2024-03-31 01311306 2024-03-31 01311306 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 01311306 bus:SmallEntities 2023-04-01 2024-03-31 01311306 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 01311306 bus:FilletedAccounts 2023-04-01 2024-03-31 01311306 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 01311306 bus:RegisteredOffice 2023-04-01 2024-03-31 01311306 bus:Director1 2023-04-01 2024-03-31 01311306 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 01311306 core:FurnitureFittings 2023-04-01 2024-03-31 01311306 countries:EnglandWales 2023-04-01 2024-03-31 01311306 2022-04-01 2023-03-31 01311306 2023-03-31 01311306 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 01311306

Totmoor Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Totmoor Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Totmoor Limited

(Registration number: 01311306)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Cash at bank and in hand

 

1,073

1,218

Creditors: Amounts falling due within one year

4

(1,201,208)

(1,200,368)

Net liabilities

 

(1,200,135)

(1,199,150)

Capital and reserves

 

Called up share capital

5

100

100

Profit and loss account

(1,200,235)

(1,199,250)

Shareholders' deficit

 

(1,200,135)

(1,199,150)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 September 2024
 

.........................................
L J Gerrard
Director

 

Totmoor Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
C/O Sterlings Ltd
Lawford House
Albert Place
London
N3 1QA
England

These financial statements were authorised for issue by the director on 18 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling (£), which is also the company's functional currency. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Furniture, fittings and equipment

25% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Totmoor Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

840

840

Other creditors

1,200,368

1,199,528

1,201,208

1,200,368

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100

       

6

Related party transactions

At the year end, a total amount of £971,174 (2023: £971,174) was owed to related entities. This amount is provided interest free and is unsecured. There are no formal terms and conditions regarding repayment.

In addition, an amount of £229,194 (2023: £228,354) was owed to the director of the company. This amount is provided interest free and is unsecured. There are no formal terms and conditions regarding repayment.