Company Registration No. 13413966 (England and Wales)
TUNWELLS1 LTD
Unaudited accounts
for the year ended 31 May 2024
TUNWELLS1 LTD
Unaudited accounts
Contents
TUNWELLS1 LTD
Company Information
for the year ended 31 May 2024
Directors
Samuel Glatt
Benjamin Daniel Spitzer
Company Number
13413966 (England and Wales)
Registered Office
45 ASHBOURNE AVENUE
LONDON
NW11 0DT
ENGLAND
Accountants
MAP Accounting Limited
26 Oakfield Avenue
Harrow
HA3 8TJ
TUNWELLS1 LTD
Statement of financial position
as at 31 May 2024
Investment property
1,116,714
1,116,714
Cash at bank and in hand
37,697
9,498
Creditors: amounts falling due within one year
(215,037)
(190,771)
Net current liabilities
(177,339)
(181,272)
Total assets less current liabilities
939,375
935,442
Creditors: amounts falling due after more than one year
(905,695)
(905,695)
Called up share capital
1
1
Profit and loss account
33,679
29,746
Shareholders' funds
33,680
29,747
For the year ending 31 May 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 13 February 2025 and were signed on its behalf by
Samuel Glatt
Director
Company Registration No. 13413966
TUNWELLS1 LTD
Notes to the Accounts
for the year ended 31 May 2024
TUNWELLS1 LTD is a private company, limited by shares, registered in England and Wales, registration number 13413966. The registered office is 45 ASHBOURNE AVENUE, LONDON, NW11 0DT, ENGLAND.
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.
Fair value at 1 June 2023
1,116,714
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
4,901
6,978
Loans from directors
200,126
183,143
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
905,695
905,695
The ultimate controlling party is Tunwells Ltd.
TUNWELLS1 LTD
Notes to the Accounts
for the year ended 31 May 2024
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).