IRIS Accounts Production v24.3.0.553 00742651 Board of Directors 1.4.23 31.3.24 31.3.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh007426512023-03-31007426512024-03-31007426512023-04-012024-03-31007426512022-03-31007426512022-04-012023-03-31007426512023-03-3100742651ns15:EnglandWales2023-04-012024-03-3100742651ns14:PoundSterling2023-04-012024-03-3100742651ns10:Director12023-04-012024-03-3100742651ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3100742651ns10:SmallEntities2023-04-012024-03-3100742651ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3100742651ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3100742651ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3100742651ns10:FullAccounts2023-04-012024-03-3100742651ns10:Director22023-04-012024-03-3100742651ns10:Director32023-04-012024-03-3100742651ns10:Director52023-04-012024-03-3100742651ns10:CompanySecretary12023-04-012024-03-3100742651ns10:RegisteredOffice2023-04-012024-03-3100742651ns5:CurrentFinancialInstruments2024-03-3100742651ns5:CurrentFinancialInstruments2023-03-3100742651ns5:ShareCapital2024-03-3100742651ns5:ShareCapital2023-03-3100742651ns5:SharePremium2024-03-3100742651ns5:SharePremium2023-03-3100742651ns5:RevaluationReserve2024-03-3100742651ns5:RevaluationReserve2023-03-3100742651ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-04-012024-03-3100742651ns5:FurnitureFittings2023-04-012024-03-3100742651ns5:LandBuildings2023-03-3100742651ns5:FurnitureFittings2023-03-3100742651ns5:LandBuildings2023-04-012024-03-3100742651ns5:LandBuildings2024-03-3100742651ns5:FurnitureFittings2024-03-3100742651ns5:LandBuildings2023-03-3100742651ns5:FurnitureFittings2023-03-3100742651ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3100742651ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3100742651ns5:RevaluationReserve2023-03-31
REGISTERED NUMBER: 00742651 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024

FOR

THRANG PROPERTIES LIMITED

THRANG PROPERTIES LIMITED (REGISTERED NUMBER: 00742651)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THRANG PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: S A Brayshaw
K M Brayshaw
J R Brayshaw
L R Salt





SECRETARY: G J Salt





REGISTERED OFFICE: Low Ridge
Jarman Road
Sutton
Macclesfield
Cheshire
SK11 0HJ





REGISTERED NUMBER: 00742651 (England and Wales)





ACCOUNTANTS: Bryan Grey & Co
Broadfield House
18 Broadfield Road
Sheffield
S8 0XJ

THRANG PROPERTIES LIMITED (REGISTERED NUMBER: 00742651)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,200,747 2,200,830

CURRENT ASSETS
Debtors 5 4,591 3,052
Cash at bank 21,338 24,367
25,929 27,419
CREDITORS
Amounts falling due within one year 6 2,551 2,912
NET CURRENT ASSETS 23,378 24,507
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,224,125

2,225,337

PROVISIONS FOR LIABILITIES 488,733 371,437
NET ASSETS 1,735,392 1,853,900

CAPITAL AND RESERVES
Called up share capital 9,084 12,633
Share premium 23,572 23,572
Revaluation reserve 7 1,420,008 1,420,008
Retained earnings 282,728 397,687
1,735,392 1,853,900

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

THRANG PROPERTIES LIMITED (REGISTERED NUMBER: 00742651)

BALANCE SHEET - continued
31ST 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 11th November 2024 and were signed on its behalf by:





J R Brayshaw - Director


THRANG PROPERTIES LIMITED (REGISTERED NUMBER: 00742651)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Thrang Properties 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fixtures and fittings - 10% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST OR VALUATION
At 1st April 2023
and 31st March 2024 2,200,000 16,539 2,216,539
DEPRECIATION
At 1st April 2023 - 15,709 15,709
Charge for year - 83 83
At 31st March 2024 - 15,792 15,792
NET BOOK VALUE
At 31st March 2024 2,200,000 747 2,200,747
At 31st March 2023 2,200,000 830 2,200,830

THRANG PROPERTIES LIMITED (REGISTERED NUMBER: 00742651)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31st March 2024 is represented by:

Fixtures
Freehold and
property fittings Totals
£    £    £   
Valuation in 2019 1,692,500 - 1,692,500
Valuation in 2022 500,000 - 500,000
Cost 7,500 16,539 24,039
2,200,000 16,539 2,216,539

If freehold property had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 7,500 7,500

Freehold property was valued on an open market basis on 31st March 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 609 -
Other debtors 3,982 3,052
4,591 3,052

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security - 422
Other creditors 2,551 2,490
2,551 2,912

7. RESERVES
Revaluation
reserve
£   
At 1st April 2023
and 31st March 2024 1,420,008