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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
Page
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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
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Townview Properties Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
794,182 
675,732 
Current assets
Debtors
37,142 
- 
Cash at bank and in hand
1,689 
68,683 
38,831 
68,683 
Creditors: amounts falling due within one year
(789,717)
(721,849)
Net current liabilities
(750,886)
(653,166)
Net assets
43,296 
22,566 
Capital and reserves
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
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Townview Properties Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
Nil
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
675,732 
Additions
118,450 
At 29 February 2024
794,182 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
794,182 
At 28 February 2023
675,732 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
37,142 
- 
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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 
Accruals
11,800 
11,800 
789,717 
721,849 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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