TOBEN PROPERTIES LIMITED

Company Registration Number:
11783942 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TOBEN PROPERTIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TOBEN PROPERTIES LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Anthony Blunt
Secretary: Lisa Blunt
Registered office: Scotswood House
Hembury Lane
Wookey
Wells
England
BA5 1NY
Company Registration Number: 11783942 (England and Wales)

TOBEN PROPERTIES LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

The rental of domestic high quality properties to family tenants on long lets

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Anthony Blunt

Secretary
Lisa Blunt

This report was approved by the board of directors on 3 December 2024
And Signed On Behalf Of The Board By:

Name: Anthony Blunt
Status: Director

TOBEN PROPERTIES LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 112,137 43,423
Cost of sales - ( 14,092 )
Gross Profit or (Loss) 112,137 29,331
Administrative Expenses ( 84,214 ) ( 34,572 )
Operating Profit or (Loss) 27,923 ( 5,241 )
Interest Payable and Similar Charges - ( 25,616 )
Profit or (Loss) Before Tax 27,923 ( 30,857 )
Profit or (Loss) for Period 27,923 ( 30,857 )

The notes form part of these financial statements

TOBEN PROPERTIES LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 573,000 1,173,000
Total fixed assets: 573,000 1,173,000
Current assets
Cash at bank and in hand: 2,575 729
Total current assets: 2,575 729
Creditors: amounts falling due within one year: 5 ( 1,502 ) ( 15,655 )
Net current assets (liabilities): 1,073 ( 14,926 )
Total assets less current liabilities: 574,073 1,158,074
Creditors: amounts falling due after more than one year: 6 ( 308,000 ) ( 669,925 )
Total net assets (liabilities): 266,073 488,149

The notes form part of these financial statements

TOBEN PROPERTIES LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 305,800 555,800
Profit and loss account: ( 39,727 ) ( 67,651 )
Shareholders funds: 266,073 488,149

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 December 2024
And Signed On Behalf Of The Board By:

Name: Anthony Blunt
Status: Director

The notes form part of these financial statements

TOBEN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TOBEN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

TOBEN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

TOBEN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Land & buildings Total
Cost £ £
At 01 April 2023 1,173,000 1,173,000
Additions - -
Disposals ( 600,000 ) ( 600,000 )
Revaluations - -
Transfers - -
At 31 March 2024 573,000 573,000
Depreciation
At 01 April 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2024 - -
Net book value
At 31 March 2024 573,000 573,000
At 31 March 2023 1,173,000 1,173,000

Two properties were disposed of during the year

TOBEN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 1,502 255
Other creditors 15,400
Total 1,502 15,655

TOBEN PROPERTIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 308,000 669,925
Total 308,000 669,925