REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 May 2024 |
for |
TOLLGATE PROPERTIES LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements for the Year Ended 31 May 2024 |
for |
TOLLGATE PROPERTIES LIMITED |
TOLLGATE PROPERTIES LIMITED (REGISTERED NUMBER: 10790923) |
Contents of the Financial Statements |
for the year ended 31 MAY 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
TOLLGATE PROPERTIES LIMITED |
Company Information |
for the year ended 31 MAY 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Thistledown Barn |
204 Holcot Road |
Sywell |
Northampton |
Northamptonshire |
NN6 0BG |
TOLLGATE PROPERTIES LIMITED (REGISTERED NUMBER: 10790923) |
Abridged Balance Sheet |
31 MAY 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
Investment property | 5 |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
The director acknowledges his 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. |
TOLLGATE PROPERTIES LIMITED (REGISTERED NUMBER: 10790923) |
Abridged Balance Sheet - continued |
31 MAY 2024 |
The financial statements were approved by the director and authorised for issue on |
TOLLGATE PROPERTIES LIMITED (REGISTERED NUMBER: 10790923) |
Notes to the Financial Statements |
for the year ended 31 MAY 2024 |
1. | STATUTORY INFORMATION |
Tollgate Properties Limited is a |
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. |
Tangible fixed assets |
Improvements to property | - |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Going concern |
Having due regard to cash flow forecasts, the director considers that based on their continued support, it is appropriate to prepare the accounts on a going concern basis. |
3. | EMPLOYEES |
The average number of employees during the year was NIL (2023 - NIL). |
4. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 June 2023 |
and 31 May 2024 |
DEPRECIATION |
At 1 June 2023 |
Charge for year |
At 31 May 2024 |
NET BOOK VALUE |
At 31 May 2024 |
At 31 May 2023 |
TOLLGATE PROPERTIES LIMITED (REGISTERED NUMBER: 10790923) |
Notes to the Financial Statements - continued |
for the year ended 31 MAY 2024 |
5. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 June 2023 |
and 31 May 2024 |
NET BOOK VALUE |
At 31 May 2024 |
At 31 May 2023 |
6. | SECURED DEBTS |
The following secured debts are included within creditors: |
2024 | 2023 |
£ | £ |
Bank loans |
Paragon Bank PLC (reference 107909230003 & 10790923002) held a fixed charges dated 16 February 2022 and 20 October 2017 over the company's property for all monies due to them. |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary A | £1 | 10 | 10 |
Ordinary B | £1 | 10 | 10 |
20 | 20 |