Company Registration No. 10578496 (England and Wales)
TLS Property Services Ltd
Unaudited accounts
for the year ended 31 January 2024
TLS Property Services Ltd
Unaudited accounts
Contents
TLS Property Services Ltd
Company Information
for the year ended 31 January 2024
Director
Anthony Lee Sterry
Company Number
10578496 (England and Wales)
Registered Office
51 Collard Avenue
Loughton
IG10 2ER
England
Accountants
Saim & Co
23 Mowbrey Gardens
Loughton
Essex
IG10 2EU
TLS Property Services Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
18,751
22,641
Cash at bank and in hand
6,494
1,043
Creditors: amounts falling due within one year
(41,192)
(29,702)
Net current liabilities
(7,225)
(7,430)
Total assets less current liabilities
11,526
15,211
Creditors: amounts falling due after more than one year
(10,156)
(11,846)
Called up share capital
100
100
Profit and loss account
1,270
3,265
Shareholders' funds
1,370
3,365
For the year ending 31 January 2024 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 director acknowledges his 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 and authorised for issue on 9 October 2024 and were signed on its behalf by
Anthony Lee Sterry
Director
Company Registration No. 10578496
TLS Property Services Ltd
Notes to the Accounts
for the year ended 31 January 2024
TLS Property Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 10578496. The registered office is 51 Collard Avenue , Loughton, IG10 2ER, England.
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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 fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost.
Motor vehicles
20% on cost.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
22,425
2,500
24,925
At 31 January 2024
22,939
3,352
26,291
At 1 February 2023
2,242
42
2,284
Charge for the year
4,586
670
5,256
At 31 January 2024
6,828
712
7,540
At 31 January 2024
16,111
2,640
18,751
At 31 January 2023
20,183
2,458
22,641
Amounts falling due within one year
TLS Property Services Ltd
Notes to the Accounts
for the year ended 31 January 2024
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Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,520
5,520
Taxes and social security
2,176
1,448
Loans from directors
26,746
15,984
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Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
At 31 January 2024 the company owed £26746.18 to directors as a result of loans made to the company. The loans are unsecured and interest free.
The Director Anthony Lee Sterry controls the company as a result of controlling directly 100% of the issued share capital.
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Average number of employees
During the year the average number of employees was 2 (2023: 2).