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REGISTERED NUMBER: 00588095 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Thurlow Park (Investments) Limited

Thurlow Park (Investments) Limited (Registered number: 00588095)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Thurlow Park (Investments) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs A A Wells
CC Woodhouse





SECRETARY: CC Woodhouse





REGISTERED OFFICE: Wilderwick
Felsted
Dunmow
Essex
CM6 3JF





REGISTERED NUMBER: 00588095 (England and Wales)





ACCOUNTANTS: Barnes Wedge Limited
Chartered Accountants
Handel House
Roselawn Fields
Chelmsford
Essex
CM1 7GB

Thurlow Park (Investments) Limited (Registered number: 00588095)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 2,234,644 2,234,644
2,234,644 2,234,644

CURRENT ASSETS
Debtors 6 10,625 -
Investments 7 4,000 83,321
Cash at bank 136,990 52,075
151,615 135,396
CREDITORS
Amounts falling due within one year 8 44,735 11,423
NET CURRENT ASSETS 106,880 123,973
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,341,524

2,358,617

PROVISIONS FOR LIABILITIES 377,187 377,187
NET ASSETS 1,964,337 1,981,430

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Fair value reserve 9 1,608,007 1,608,007
Retained earnings 346,330 363,423
SHAREHOLDERS' FUNDS 1,964,337 1,981,430

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

Thurlow Park (Investments) Limited (Registered number: 00588095)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 September 2024 and were signed on its behalf by:




Mrs A A Wells - Director



CC Woodhouse - Director


Thurlow Park (Investments) Limited (Registered number: 00588095)

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

1. STATUTORY INFORMATION

Thurlow Park (Investments) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income received during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Investment property
In accordance with FRS102 (1A) investment properties are revalued annually and the aggregate surplus or deficit, net of deferred tax, is accounted for through the Income Statement. The net revaluation is then transfered from Retained Earnings to a non distributable Fair Value Reserve.

No depreciation or amortisation is provided in respect of freehold investment properties and leasehold investment properties with more than 20 years to expiry. This treatment may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, these properties are held for investment not consumption and the Directors consider that systematic annual depreciation would not be appropriate. The accounting policy adopted is therefore necessary for the accounts to give a true and fair view. Depreciation or amortisation is only one of the many factors reflected in the annual valuation and the amount which might otherwise have been shown cannot be separately identified or quantified.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments
Investments are included at cost unless a permanent diminution in value has arisen. Investment income is included in the profit and loss account on receipt.

Thurlow Park (Investments) Limited (Registered number: 00588095)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023
and 31 March 2024 8,583
DEPRECIATION
At 1 April 2023
and 31 March 2024 8,583
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 2,234,644
NET BOOK VALUE
At 31 March 2024 2,234,644
At 31 March 2023 2,234,644

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2016 1,050,194
Valuation in 2017 935,000
Cost 249,450
2,234,644

If the investment property had not been revalued it would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 249,450 249,450

Investment property was valued on a fair value basis on 31 March 2024 by CC Woodhouse FRICS .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 10,625 -

Thurlow Park (Investments) Limited (Registered number: 00588095)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CURRENT ASSET INVESTMENTS
31.3.24 31.3.23
£    £   
Listed investments 4,000 83,321

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 40,337 8,768
Other creditors 4,398 2,655
44,735 11,423

9. RESERVES
Fair
value
reserve
£   
At 1 April 2023
and 31 March 2024 1,608,007

10. CONTROL

The company is controlled by the directors.