REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31st December 2023 |
for |
THAMES CONTEMPORARY HOMES (OVAL) LIMITED |
REGISTERED NUMBER: |
Financial Statements |
for the Year Ended 31st December 2023 |
for |
THAMES CONTEMPORARY HOMES (OVAL) LIMITED |
THAMES CONTEMPORARY HOMES (OVAL) LIMITED (REGISTERED NUMBER: 02069607) |
Contents of the Financial Statements |
for the year ended 31st December 2023 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
THAMES CONTEMPORARY HOMES (OVAL) LIMITED |
Company Information |
for the year ended 31st December 2023 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
SENIOR STATUTORY AUDITOR: |
AUDITORS: |
Chartered Accountants & Statutory Auditors |
Suffolk House |
George Street |
Croydon |
Surrey |
CR0 0YN |
THAMES CONTEMPORARY HOMES (OVAL) LIMITED (REGISTERED NUMBER: 02069607) |
Statement of Financial Position |
31st December 2023 |
31.12.23 | 31.12.22 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Retained earnings |
SHAREHOLDERS' FUNDS |
In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
THAMES CONTEMPORARY HOMES (OVAL) LIMITED (REGISTERED NUMBER: 02069607) |
Notes to the Financial Statements |
for the year ended 31st December 2023 |
1. | STATUTORY INFORMATION |
The company 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. |
The financial statements have been prepared in pound sterling, the functional currency of the company, and monetary amounts in these financial statements have been rounded to the nearest £. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Turnover comprises ground rent and other rent receivable and is recognised when due. Any amounts received in advance or arrears are included in deferred or accrued income as applicable. |
Financial instruments |
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and loans to related parties. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date. |
Debtors |
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. |
Creditors |
Short term trade creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. |
Cash and cash equivalents |
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. |
Finance and borrowing costs |
Finance costs are charged to the income statement over the term of the debt using the effective interest method, so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. |
All borrowing costs are recognised in the income statement in the year in which they are incurred. |
THAMES CONTEMPORARY HOMES (OVAL) LIMITED (REGISTERED NUMBER: 02069607) |
Notes to the Financial Statements - continued |
for the year ended 31st December 2023 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Trade debtors |
Amounts owed by group undertakings |
Prepayments and accrued income |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.23 | 31.12.22 |
£ | £ |
Trade creditors |
Amounts owed to group undertakings |
Tax |
Other creditors |
Accruals and deferred income |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid |
Number | Class | Nominal Value | 31.12.2023 | 31.12.2022 |
£ |
£ |
£ |
£ |
There are no restrictions on the distribution of dividends and the repayment of capital. |
7. | AUDITORS' INFORMATION |
The audit report provided to the members of Thames Contemporary Homes (Oval) Limited on the financial statements for the year ended 31st December 2023 was not qualified. |
The audit report was signed by Alasdair Weaks (Senior Statutory Auditor) for and on behalf of Simpson Wreford & Partners, Chartered Accountants and Statutory Auditor. |
8. | RELATED PARTY DISCLOSURES |
No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 33 paragraph 33.1A, as the company is itself a wholly owned subsidiary of Thames Motor Group Limited. |
THAMES CONTEMPORARY HOMES (OVAL) LIMITED (REGISTERED NUMBER: 02069607) |
Notes to the Financial Statements - continued |
for the year ended 31st December 2023 |
9. | ULTIMATE CONTROLLING PARTY |
The ultimate parent company is Thames Motor Group Limited, a company registered in England and Wales. |
The ultimate controlling party is Mr V Khanna, a director. |
Thames Motor Group Limited prepares consolidated financial statements and copies can be obtained from its registered office address, North Farm Industrial Estate, Longfield Road, Tunbridge Wells, Kent, TN2 3EY. |