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REGISTERED NUMBER: 08842821 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Tuebrook Land Ltd

Tuebrook Land Ltd (Registered number: 08842821)






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


Tuebrook Land Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: L A Stockton
J Stockton
L Stockton





REGISTERED OFFICE: 37 Church Street
Ormskirk
Lancashire
L39 3AG





REGISTERED NUMBER: 08842821 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Tuebrook Land Ltd (Registered number: 08842821)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,769 -
Investments 5 1 1
Investment property 6 12,159,851 12,238,325
12,161,621 12,238,326

CURRENT ASSETS
Debtors 7 692,947 533,950
Cash at bank and in hand 1,674 354,213
694,621 888,163
CREDITORS
Amounts falling due within one year 8 2,814,591 3,235,902
NET CURRENT LIABILITIES (2,119,970 ) (2,347,739 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,041,651

9,890,587

CREDITORS
Amounts falling due after more than
one year

9

(4,928,768

)

(4,981,379

)

PROVISIONS FOR LIABILITIES (11,250 ) (13,965 )
NET ASSETS 5,101,633 4,895,243

CAPITAL AND RESERVES
Called up share capital 2,940,204 2,940,204
Retained earnings 2,161,429 1,955,039
SHAREHOLDERS' FUNDS 5,101,633 4,895,243

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.

Tuebrook Land Ltd (Registered number: 08842821)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by:





L A Stockton - Director


Tuebrook Land Ltd (Registered number: 08842821)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Tuebrook Land Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

These financial statements have been prepared in accordance with Financial Reporting Standard 102 ''The Financial Reporting Standard in the UK and Republic of Ireland'' including provisions of Section 1A ''Small Entities'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention and prepared on a going concern basis, management have determined the Covid - 19 pandemic is not expected to have significant impact on the entity's ability to continue as a going concern.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

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

Turnover is derived from ordinary activities which consist of rental income which is exempt from VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Financial instruments
Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Taxation
Taxation for the year 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.

Tuebrook Land Ltd (Registered number: 08842821)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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 year 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 year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 2,649
At 31 March 2024 2,649
DEPRECIATION
Charge for year 880
At 31 March 2024 880
NET BOOK VALUE
At 31 March 2024 1,769

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2023
and 31 March 2024 1
NET BOOK VALUE
At 31 March 2024 1
At 31 March 2023 1

Tuebrook Land Ltd (Registered number: 08842821)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 12,238,325
Disposals (78,474 )
At 31 March 2024 12,159,851
NET BOOK VALUE
At 31 March 2024 12,159,851
At 31 March 2023 12,238,325

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 15,385 7,991
Amounts owed by associates 675,737 14,192
Other debtors 1,825 511,767
692,947 533,950

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 7,065 10,401
Trade creditors 5,397 3,823
Amounts owed to group undertakings 375,657 721,086
Amounts owed to associates 755,069 710,709
Taxation and social security 77,872 38,487
Other creditors 1,593,531 1,751,396
2,814,591 3,235,902

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 14,525 18,254
Other creditors 4,914,243 4,963,125
4,928,768 4,981,379

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 4,568,498 4,463,745

Tuebrook Land Ltd (Registered number: 08842821)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

10. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Other loans 5,000,679 5,088,001