IRIS Accounts Production v24.3.0.553 06504611 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065046112023-03-31065046112024-03-31065046112023-04-012024-03-31065046112022-03-31065046112022-04-012023-03-31065046112023-03-3106504611ns15:EnglandWales2023-04-012024-03-3106504611ns14:PoundSterling2023-04-012024-03-3106504611ns10:Director12023-04-012024-03-3106504611ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106504611ns10:SmallEntities2023-04-012024-03-3106504611ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106504611ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106504611ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106504611ns10:FullAccounts2023-04-012024-03-3106504611ns10:Director22023-04-012024-03-3106504611ns10:CompanySecretary12023-04-012024-03-3106504611ns10:RegisteredOffice2023-04-012024-03-3106504611ns5:CurrentFinancialInstruments2024-03-3106504611ns5:CurrentFinancialInstruments2023-03-3106504611ns5:Non-currentFinancialInstruments2024-03-3106504611ns5:Non-currentFinancialInstruments2023-03-3106504611ns5:ShareCapital2024-03-3106504611ns5:ShareCapital2023-03-3106504611ns5:RetainedEarningsAccumulatedLosses2024-03-3106504611ns5:RetainedEarningsAccumulatedLosses2023-03-3106504611ns5:LandBuildings2023-04-012024-03-3106504611ns5:LandBuildings2023-03-3106504611ns5:LandBuildings2024-03-3106504611ns5:LandBuildings2023-03-3106504611ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106504611ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 06504611 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TORELLA PROPERTY LIMITED

TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TORELLA PROPERTY LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: Mr S C Walker
Mrs V Pinches





SECRETARY: Mr S C Walker





REGISTERED OFFICE: 4 Comet House
Calleva Park
Aldermaston
Berkshire
RG7 8JA





REGISTERED NUMBER: 06504611 (England and Wales)





ACCOUNTANTS: Durrants - Calleva
Accountants and Tax Advisors
4 Comet House
Calleva Park
Aldermaston
Berkshire
RG7 8JA

TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)

BALANCE SHEET
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 413,409 413,409

CURRENT ASSETS
Debtors 5 43 43
Cash at bank 20,648 18,656
20,691 18,699
CREDITORS
Amounts falling due within one year 6 38,345 42,427
NET CURRENT LIABILITIES (17,654 ) (23,728 )
TOTAL ASSETS LESS CURRENT LIABILITIES 395,755 389,681

CREDITORS
Amounts falling due after more than one
year

7

42,480

53,232
NET ASSETS 353,275 336,449

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 353,175 336,349
SHAREHOLDERS' FUNDS 353,275 336,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)

BALANCE SHEET - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by:





Mr S C Walker - Director


TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Torella Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rental and service charges from a tenanted property in the UK.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2023
and 31 March 2024 413,409
NET BOOK VALUE
At 31 March 2024 413,409
At 31 March 2023 413,409

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Other debtors 43 43

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Bank loans and overdrafts 14,561 17,382
Taxation and social security 4,685 6,294
Other creditors 19,099 18,751
38,345 42,427

TORELLA PROPERTY LIMITED (REGISTERED NUMBER: 06504611)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/3/24 31/3/23
£    £   
Bank loans 42,480 53,232

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date the directors were due a total of £7,250 (2023: £7,250).