0 28/12/2022 27/12/2023 2023-12-27 false false false false false false false true false false true false false false false true true false No description of principal activities is disclosed 2022-12-28 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 04928414 2022-12-28 2023-12-27 04928414 2023-12-27 04928414 2022-12-27 04928414 2021-12-28 2022-12-27 04928414 2022-12-27 04928414 2021-12-27 04928414 bus:RegisteredOffice 2022-12-28 2023-12-27 04928414 bus:Director1 2022-12-28 2023-12-27 04928414 core:WithinOneYear 2023-12-27 04928414 core:WithinOneYear 2022-12-27 04928414 core:RetainedEarningsAccumulatedLosses 2021-12-28 2022-12-27 04928414 core:RetainedEarningsAccumulatedLosses 2022-12-28 2023-12-27 04928414 core:ShareCapital 2023-12-27 04928414 core:ShareCapital 2022-12-27 04928414 core:RetainedEarningsAccumulatedLosses 2023-12-27 04928414 core:RetainedEarningsAccumulatedLosses 2022-12-27 04928414 core:ShareCapital 2021-12-27 04928414 core:RetainedEarningsAccumulatedLosses 2021-12-27 04928414 core:PreviouslyStatedAmount core:ShareCapital 2023-12-27 04928414 bus:SmallEntities 2022-12-28 2023-12-27 04928414 bus:AuditExempt-NoAccountantsReport 2022-12-28 2023-12-27 04928414 bus:SmallCompaniesRegimeForAccounts 2022-12-28 2023-12-27 04928414 bus:PrivateLimitedCompanyLtd 2022-12-28 2023-12-27 04928414 bus:FullAccounts 2022-12-28 2023-12-27
Company registration number: 04928414
Tatton Estates Ltd
Unaudited financial statements
27 December 2023
Tatton Estates Ltd
Contents
Directors and other information
Director's report
Statement of comprehensive income
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Tatton Estates Ltd
Directors and other information
Director Bryan Anthony Baldrey
Company number 04928414
Registered office 8th Floor Becket House
36 Old Jewry
London
England
EC2R 8DD
Tatton Estates Ltd
Director's report
Year ended 27 December 2023
The director presents his report and the unaudited financial statements of the company for the year ended 27 December 2023.
Director
The director who served the company during the year was as follows:
Bryan Anthony Baldrey
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 16 August 2024 and signed on behalf of the board by:
Bryan Anthony Baldrey
Director
Tatton Estates Ltd
Statement of comprehensive income
Year ended 27 December 2023
2023 2022
Note £ £
Turnover 1,745,835 446,838
Cost of sales ( 1,777,890) ( 446,838)
_______ _______
Gross (loss)/profit ( 32,055) -
Administrative expenses ( 277,961) ( 41,786)
_______ _______
Operating loss ( 310,016) ( 41,786)
Other interest receivable and similar income 1 -
Loss before taxation ( 310,015) ( 41,786)
Tax on loss - 7,939
_______ _______
Loss for the financial year and total comprehensive income ( 310,015) ( 33,847)
_______ _______
All the activities of the company are from continuing operations.
Tatton Estates Ltd
Statement of financial position
27 December 2023
2023 2022
Note £ £ £ £
Current assets
Stocks 1,188,788 3,812,123
Debtors 4 1,138,751 175,980
Cash at bank and in hand 1,350,763 161,014
_______ _______
3,678,302 4,149,117
Creditors: amounts falling due
within one year 5 ( 1,571,309) ( 1,732,109)
_______ _______
Net current assets 2,106,993 2,417,008
_______ _______
Total assets less current liabilities 2,106,993 2,417,008
_______ _______
Net assets 2,106,993 2,417,008
_______ _______
Capital and reserves
Called up share capital 2 2
Profit and loss account 2,106,991 2,417,006
_______ _______
Shareholder funds 2,106,993 2,417,008
_______ _______
For the year ending 27 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These financial statements were approved by the board of directors and authorised for issue on 16 August 2024 , and are signed on behalf of the board by:
Bryan Anthony Baldrey
Director
Company registration number: 04928414
Tatton Estates Ltd
Statement of changes in equity
Year ended 27 December 2023
Called up share capital Profit and loss account Total
£ £ £
At 28 December 2021 2 2,450,853 2,450,855
Loss for the year ( 33,847) ( 33,847)
_______ _______ _______
Total comprehensive income for the year - ( 33,847) ( 33,847)
_______ _______ _______
At 27 December 2022 and 28 December 2022 2 2,417,006 2,417,008
Loss for the year ( 310,015) ( 310,015)
_______ _______ _______
Total comprehensive income for the year - ( 310,015) ( 310,015)
_______ _______ _______
At 27 December 2023 2 2,106,991 2,106,993
_______ _______ _______
Tatton Estates Ltd
Notes to the financial statements
Year ended 27 December 2023
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 8th Floor Becket House, 36 Old Jewry, London, England, EC2R 8DD.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. 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. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Debtors
2023 2022
£ £
Trade debtors 149 149
Amounts owed by group undertakings and undertakings in which the company has a participating interest 877,500 -
Other debtors 261,102 175,831
_______ _______
1,138,751 175,980
_______ _______
5. Creditors: amounts falling due within one year
2023 2022
£ £
Trade creditors 20,254 20,254
Amounts owed to group undertakings and undertakings in which the company has a participating interest 735,703 861,003
Other creditors 815,352 850,852
_______ _______
1,571,309 1,732,109
_______ _______
6. Controlling party
The controlling party is Elisabeth Gardens Reddish Ltd by virtue of holding 100% of the ordinary shares .