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Registered number: 10647885
TORSION HOMES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
TORSION HOMES LIMITED

BALANCE SHEET
AS AT 31 MARCH 2024
2024 2023
£ £
Called up share capital not paid 100 100
Fixed assets 1,043,327 1,043,288
Current assets 2,189,472 848,888
Creditors: amounts falling due within one year (2,812,793) (1,498,817)
Net current assets / (liabilities) (623,321) (649,929)
Total assets less current liabilities 420,106 393,459
Creditors: amounts falling due after more than one year (373,546) (383,750)
Net assets / (net liabilities) 46,560 9,709
Capital and reserves 46,560 9,709

Notes to the financial statements:

  1. Average number of employees

    During the year the average number of employees, including directors, was 0 (2023: 0).

  2. Directors advances, credit and guarantees

    During the year the company made loans to directors amounting to £400,000 on an interest-free basis. This will be repaid in full prior to 31 December 2024.

TORSION HOMES LIMITED (10647885) is a private company limited by shares incorporated in England and Wales. The registered office address is 1280, Century Way, Thorpe Park, Leeds, West Yorkshire, LS15 8ZB, England.

For the year ending 31 March 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 ended 31 March 2024 in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with micro-entity provisions and with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies' regime. The income statement has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.

The financial statements were approved by the board of directors and authorised for issue on 31 October 2024  and are signed on its behalf by:

Ian Worthington
Director
Company registration number: 10647885