Company Registration No. 11819248 (England and Wales)
Townview Properties Ltd
Unaudited accounts
for the year ended 29 February 2024
Townview Properties Ltd
Unaudited accounts
Contents
Townview Properties Ltd
Company Information
for the year ended 29 February 2024
Directors
Mr Victor Tcacenco
Mr Gheorghe Lupascu
Company Number
11819248 (England and Wales)
Registered Office
18 Elm Tree Road
Salford
M6 6GR
United Kingdom
Accountants
Xeinadin
8th Floor, Becket House
36 Old Jewry
London
EC2R 8DD
Townview Properties Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
794,182
675,732
Cash at bank and in hand
1,689
68,683
Creditors: amounts falling due within one year
(789,717)
(721,849)
Net current liabilities
(750,886)
(653,166)
Called up share capital
2
2
Profit and loss account
43,294
22,564
Shareholders' funds
43,296
22,566
For the year ending 29 February 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by
Mr Gheorghe Lupascu
Director
Company Registration No. 11819248
Townview Properties Ltd
Notes to the Accounts
for the year ended 29 February 2024
Townview Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 11819248. The registered office is 18 Elm Tree Road, Salford, M6 6GR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
At 29 February 2024
794,182
At 29 February 2024
794,182
At 28 February 2023
675,732
Amounts falling due after more than one year
Townview Properties Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
44,394
24,856
Taxes and social security
4,863
4,153
Other creditors
1,385
1,385
Loans from directors
727,275
679,655
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).