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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
Page
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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
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TLS Property Services Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
18,751 
22,641 
Current assets
Inventories
20,325 
14,000 
Debtors
7,148 
7,229 
Cash at bank and in hand
6,494 
1,043 
33,967 
22,272 
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)
Net assets
1,370 
3,365 
Capital and reserves
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
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TLS Property Services Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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.
4
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 
Additions
514 
852 
1,366 
At 31 January 2024
22,939 
3,352 
26,291 
Depreciation
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 
Net book value
At 31 January 2024
16,111 
2,640 
18,751 
At 31 January 2023
20,183 
2,458 
22,641 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
7,148 
7,229 
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TLS Property Services Ltd Notes to the Accounts for the year ended 31 January 2024
6
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 
Accruals
6,750 
6,750 
41,192 
29,702 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,156 
11,846 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Loans to directors
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.
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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