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REGISTERED NUMBER: 05214319 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

TONBURY PROPERTIES LTD

TONBURY PROPERTIES LTD (REGISTERED NUMBER: 05214319)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TONBURY PROPERTIES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: Z Sampson





REGISTERED OFFICE: 115 Craven Park Road
South Tottenham
London
N15 6BL





REGISTERED NUMBER: 05214319 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

TONBURY PROPERTIES LTD (REGISTERED NUMBER: 05214319)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £   
FIXED ASSETS
Investment property 5 1,750,000 1,750,000

CURRENT ASSETS
Cash at bank 2 -

CREDITORS
Amounts falling due within one year 6 (546,050 ) (525,417 )
NET CURRENT LIABILITIES (546,048 ) (525,417 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,203,952

1,224,583

CREDITORS
Amounts falling due after more than one
year

7

(368,303

)

(361,558

)
NET ASSETS 835,649 863,025

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 390,975 390,975
Retained earnings 11 444,574 471,950
SHAREHOLDERS' FUNDS 835,649 863,025

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TONBURY PROPERTIES LTD (REGISTERED NUMBER: 05214319)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2023


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 and authorized for issue by the director and authorised for issue on 18 February 2025 and were signed by:





Z Sampson - Director


TONBURY PROPERTIES LTD (REGISTERED NUMBER: 05214319)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Tonbury Properties 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

TONBURY PROPERTIES LTD (REGISTERED NUMBER: 05214319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 September 2022
and 31 August 2023 1,750,000
NET BOOK VALUE
At 31 August 2023 1,750,000
At 31 August 2022 1,750,000

Fair value at 31 August 2023 is represented by:
£   
Valuation in 2020 390,975
Cost 1,359,025
1,750,000

Investment property was valued on an open market basis on 31 August 2023 by the director .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Taxation and social security 33,443 41,384
Other creditors 512,607 484,033
546,050 525,417

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans (see note 8) 322,264 361,558
Other creditors 46,039 -
368,303 361,558

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 322,264 361,558

8. LOANS

An analysis of the maturity of loans is given below:

31.8.23 31.8.22
£    £   
Amounts falling due between two and five years:
Other loans - 2-5 years 46,039 -

Amounts falling due in more than five years:

TONBURY PROPERTIES LTD (REGISTERED NUMBER: 05214319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

8. LOANS - continued
31.8.23 31.8.22
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans 322,264 361,558

9. SECURED DEBTS

The following secured debts are included within creditors:

31.8.23 31.8.22
£    £   
Bank loans 322,264 361,558

The bank loan is secured by a first charge over the company's investment properties and bear interest at variable rates.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 September 2022 471,950 390,975 862,925
Deficit for the year (27,376 ) (27,376 )
At 31 August 2023 444,574 390,975 835,549

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Z Sampson.