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Company Registration No. 00551053 (England and Wales)
TEMRA OF BATH LIMITED
Financial Statements
for the Period from 01 May 2023 to 30 April 2024

TEMRA OF BATH LIMITED

Financial Statements for the period ending 30 April 2024

TEMRA OF BATH LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

1. Statutory Information
TEMRA OF BATH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 00551053.
2. Accounting Policies
Basis of preparing the Financial Statements
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

TEMRA OF BATH LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

Current Tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

TEMRA OF BATH LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

Deferred Tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

TEMRA OF BATH LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 3
2023 3
4. Principal Activity
The principal activity of the Company during the financial year was that of letting and operating of leased real estate.

TEMRA OF BATH LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

5. Investment Properties
2024 2023
£ £
Valuation at 01/05/2023 3,675,000 3,675,000
Additions - -
Disposals - -
Transfered (to)/from tangible fixed assets - -
Fair Value adjustments - -
Valuation at 30/04/2024 3,675,000 3,675,000

TEMRA OF BATH LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

6. Debtors
2024 2023
£ £
Other debtors - 20,000
- 20,000
Debtors Notes
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.
7. Creditors: amount falling due within one year
2024 2023
£ £
Corporation Tax 27,002 17,929
Other tax and social security - 135
Accruals and deferred income 29,671 27,029
56,673 45,093
Creditors Due within one year
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

TEMRA OF BATH LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

9. Creditors: amount falling due after one year
2024 2023
£ £
- -
Provision for liabilities 772,857 772,857

TEMRA OF BATH LIMITED

Financial Statements for the period ending 30 April 2024

Notes to the Accounts

8. Additional Notes
Related party transactions During the year a loan of £nil (2023: 80,000) owed by Mr R James, son-in-law of A H & E M Guests, was written off by way of a dividend. The unpaid interest that had been accruing at 4.5% was also written off to the profit and loss account in 2023.During the year dividends of £31,678 (2023: £32,401) were paid to directors.Going ConcernThe directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements. Called up share capital Allotted, called-up and fully-paid : 28,235 Ordinary A shares of £1.00 each and 56,470 Ordinary B shares of £1.00 each. Ordinary B shares do not confer voting rights or a right to receive dividends.