Company Registration No. 11441872 (England and Wales)
T & J PROPERTY LETTING LTD
Unaudited accounts
for the year ended 31 July 2024
T & J PROPERTY LETTING LTD
Unaudited accounts
Contents
T & J PROPERTY LETTING LTD
Company Information
for the year ended 31 July 2024
Directors
Alexander Jones
Steffan Biggs
Company Number
11441872 (England and Wales)
Registered Office
128 MAES TY CANOL
BAGLAN
PORT TALBOT
SA12 8US
WALES
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
T & J PROPERTY LETTING LTD
Statement of financial position
as at 31 July 2024
Investment property
151,017
151,017
Cash at bank and in hand
4,383
4,441
Creditors: amounts falling due within one year
(53,424)
(52,095)
Net current liabilities
(49,041)
(47,654)
Total assets less current liabilities
101,976
103,363
Creditors: amounts falling due after more than one year
(101,310)
(103,048)
Called up share capital
100
100
Profit and loss account
566
215
Shareholders' funds
666
315
For the year ending 31 July 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 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 11 October 2024 and were signed on its behalf by
Alexander Jones
Director
Company Registration No. 11441872
T & J PROPERTY LETTING LTD
Notes to the Accounts
for the year ended 31 July 2024
T & J PROPERTY LETTING LTD is a private company, limited by shares, registered in England and Wales, registration number 11441872. The registered office is 128 MAES TY CANOL, BAGLAN, PORT TALBOT, SA12 8US, WALES.
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 fixed assets.
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 includes revenue earned from property rental and is recognised when receivable from the tenant.
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 August 2023
151,017
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
7,880
6,939
Taxes and social security
118
414
Loans from directors
45,067
44,383
6
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
101,310
103,048
T & J PROPERTY LETTING LTD
Notes to the Accounts
for the year ended 31 July 2024
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).