REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2024 to 31 August 2024 |
for |
Turleycote Construction Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2024 to 31 August 2024 |
for |
Turleycote Construction Limited |
Turleycote Construction Limited (Registered number: 04995980) |
Contents of the Financial Statements |
for the Period 1 January 2024 to 31 August 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Turleycote Construction Limited |
Company Information |
for the Period 1 January 2024 to 31 August 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Abacus House |
Pennine Business Park |
Longbow Close |
Huddersfield |
West Yorkshire |
HD2 1GQ |
Turleycote Construction Limited (Registered number: 04995980) |
Balance Sheet |
31 August 2024 |
31.8.24 | 31.12.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Investment property | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET LIABILITIES | ( |
) | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Fair value reserve | 10 |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges her 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. |
Turleycote Construction Limited (Registered number: 04995980) |
Balance Sheet - continued |
31 August 2024 |
The financial statements were approved by the director and authorised for issue on |
Turleycote Construction Limited (Registered number: 04995980) |
Notes to the Financial Statements |
for the Period 1 January 2024 to 31 August 2024 |
1. | STATUTORY INFORMATION |
Turleycote Construction Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Investment property |
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL (2023 - NIL). |
4. | INVESTMENT PROPERTY |
Total |
£ |
FAIR VALUE |
At 1 January 2024 |
Disposals | ( |
) |
At 31 August 2024 |
NET BOOK VALUE |
At 31 August 2024 |
At 31 December 2023 |
Turleycote Construction Limited (Registered number: 04995980) |
Notes to the Financial Statements - continued |
for the Period 1 January 2024 to 31 August 2024 |
4. | INVESTMENT PROPERTY - continued |
The director has assessed the fair value of the investment property. The valuation has been made on an open market basis by reference to similar properties in the area. The original cost of all investment property was £396,064 (2023 - £396,064). The director is satisfied with the valuation of the investment property. |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.24 | 31.12.23 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.24 | 31.12.23 |
£ | £ |
Trade creditors |
Amounts owed to associates | 31,173 | 31,173 |
Other creditors |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
31.8.24 | 31.12.23 |
£ | £ |
Bank loans (see note 8) |
Other creditors |
8. | LOANS |
An analysis of the maturity of loans is given below: |
31.8.24 | 31.12.23 |
£ | £ |
Amounts falling due between one and two years: |
Bank loans - 1-2 years |
Other loans - 1-2 years | 29,997 |
9. | SECURED DEBTS |
The following secured debts are included within creditors: |
31.8.24 | 31.12.23 |
£ | £ |
Bank loans |
Turleycote Construction Limited (Registered number: 04995980) |
Notes to the Financial Statements - continued |
for the Period 1 January 2024 to 31 August 2024 |
10. | RESERVES |
Fair value |
reserve |
£ |
At 1 January 2024 |
Reserve transfer | (29,464 | ) |
At 31 August 2024 |
11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
Included in creditors is a loan of £nil (2023 - £142,281) by way of a directors loan account. The loan is interest free, with no fixed date for repayment. |
12. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mrs. L A Coyne. |