Company registration number 06091003 (England and Wales)
TYLECOTE PROPERTIES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
PAGES FOR FILING WITH REGISTRAR
TYLECOTE PROPERTIES LTD
COMPANY INFORMATION
Directors
Mr G Wiseman
Mrs E Wiseman
Secretary
Mrs E Wiseman
Company number
06091003
Registered office
Ivy Cottage
Ingestre
Staffordshire
United Kingdom
ST18 0RE
Accountants
Koshal Associates
Gautam House
1 - 3 Shenley Avenue
Ruislip Manor
Middlesex
HA4 6BP
TYLECOTE PROPERTIES LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
TYLECOTE PROPERTIES LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2024
28 February 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,466
1,954
Current assets
Cash at bank and in hand
54,275
56,757
Creditors: amounts falling due within one year
4
(13,377)
(14,089)
Net current assets
40,898
42,668
Net assets
42,364
44,622
Capital and reserves
Called up share capital
10
10
Profit and loss reserves
42,354
44,612
Total equity
42,364
44,622

For the financial year ended 28 February 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 30 October 2024 and are signed on its behalf by:
Mr G Wiseman
Director
Company registration number 06091003 (England and Wales)
TYLECOTE PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 2 -
1
Accounting policies
Company information

Tylecote Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Ivy Cottage, Ingestre, Staffordshire, United Kingdom, ST18 0RE.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

 

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
-25% on reducing balance
Fixtures and fittings
-25% on reducing balance
Computers
-25% on reducing balance
1.4
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
TYLECOTE PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2024
- 3 -
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Total
£
£
£
£
Cost
At 1 March 2023 and 28 February 2024
14,077
1,707
1,485
17,269
Depreciation and impairment
At 1 March 2023
12,214
1,675
1,425
15,314
Depreciation charged in the year
466
8
15
489
At 28 February 2024
12,680
1,683
1,440
15,803
Carrying amount
At 28 February 2024
1,397
24
45
1,466
At 28 February 2023
1,863
31
60
1,954
4
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
6,940
8,170
Other taxation and social security
4,336
3,820
Other creditors
2,101
2,099
13,377
14,089
2024-02-282023-03-01false30 October 2024CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMr G WisemanMrs E WisemanMrs E Wisemanfalsefalse060910032023-03-012024-02-2806091003bus:Director12023-03-012024-02-2806091003bus:CompanySecretaryDirector12023-03-012024-02-2806091003bus:CompanySecretary12023-03-012024-02-2806091003bus:Director22023-03-012024-02-2806091003bus:RegisteredOffice2023-03-012024-02-28060910032024-02-28060910032023-02-2806091003core:PlantMachinery2024-02-2806091003core:FurnitureFittings2024-02-2806091003core:ComputerEquipment2024-02-2806091003core:PlantMachinery2023-02-2806091003core:FurnitureFittings2023-02-2806091003core:ComputerEquipment2023-02-2806091003core:CurrentFinancialInstrumentscore:WithinOneYear2024-02-2806091003core:CurrentFinancialInstrumentscore:WithinOneYear2023-02-2806091003core:CurrentFinancialInstruments2024-02-2806091003core:CurrentFinancialInstruments2023-02-2806091003core:ShareCapital2024-02-2806091003core:ShareCapital2023-02-2806091003core:RetainedEarningsAccumulatedLosses2024-02-2806091003core:RetainedEarningsAccumulatedLosses2023-02-2806091003core:PlantMachinery2023-03-012024-02-2806091003core:FurnitureFittings2023-03-012024-02-2806091003core:ComputerEquipment2023-03-012024-02-28060910032022-03-012023-02-2806091003core:PlantMachinery2023-02-2806091003core:FurnitureFittings2023-02-2806091003core:ComputerEquipment2023-02-28060910032023-02-2806091003bus:PrivateLimitedCompanyLtd2023-03-012024-02-2806091003bus:SmallCompaniesRegimeForAccounts2023-03-012024-02-2806091003bus:FRS1022023-03-012024-02-2806091003bus:AuditExemptWithAccountantsReport2023-03-012024-02-2806091003bus:FullAccounts2023-03-012024-02-28xbrli:purexbrli:sharesiso4217:GBP