Company Registration No. 10511104 (England and Wales)
TD53 Ltd
Unaudited accounts
for the year ended 31 December 2023
TD53 Ltd
Unaudited accounts
Contents
TD53 Ltd
Company Information
for the year ended 31 December 2023
Directors
M Lisser
S R Lisser
Company Number
10511104 (England and Wales)
Registered Office
Churchill House
137-139 Brent House
London
NW4 4DJ
Accountants
Clearfin Accountants Limited
Churchill House
137-139 Brent Street
London
NW4 4DJ
TD53 Ltd
Statement of financial position
as at 31 December 2023
Investment property
883,350
883,350
Cash at bank and in hand
12,674
11,271
Creditors: amounts falling due within one year
(225,950)
(226,388)
Net current liabilities
(211,964)
(215,117)
Total assets less current liabilities
671,386
668,233
Creditors: amounts falling due after more than one year
(683,772)
(683,772)
Net liabilities
(12,386)
(15,539)
Called up share capital
1
1
Profit and loss account
(12,387)
(15,540)
Shareholders' funds
(12,386)
(15,539)
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 27 September 2024 and were signed on its behalf by
M Lisser
Director
Company Registration No. 10511104
TD53 Ltd
Notes to the Accounts
for the year ended 31 December 2023
TD53 Ltd is a private company, limited by shares, registered in England and Wales, registration number 10511104. The registered office is Churchill House, 137-139 Brent House, London, NW4 4DJ.
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 financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
883,350
At 31 December 2023
883,350
The investment property was valued by the directors as at the balance sheet date, on an open-market for existing use basis.
Amounts falling due within one year
TD53 Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
225,350
225,350
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
683,772
683,772
8
Transactions with related parties
Included within other creditors is a balance of £225,350 (2021: £225,350) due to the directors of the company.
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).