IRIS Accounts Production v24.3.2.46 10877899 Board of Directors Board of Directors 1.8.23 31.7.24 31.7.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh108778992023-07-31108778992024-07-31108778992023-08-012024-07-31108778992022-07-31108778992022-08-012023-07-31108778992023-07-3110877899ns15:EnglandWales2023-08-012024-07-3110877899ns14:PoundSterling2023-08-012024-07-3110877899ns10:Director12023-08-012024-07-3110877899ns10:Director22023-08-012024-07-3110877899ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3110877899ns10:SmallEntities2023-08-012024-07-3110877899ns10:AuditExempt-NoAccountantsReport2023-08-012024-07-3110877899ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3110877899ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3110877899ns10:FullAccounts2023-08-012024-07-3110877899ns10:RegisteredOffice2023-08-012024-07-3110877899ns5:CurrentFinancialInstruments2024-07-3110877899ns5:CurrentFinancialInstruments2023-07-3110877899ns5:ShareCapital2024-07-3110877899ns5:ShareCapital2023-07-3110877899ns5:RetainedEarningsAccumulatedLosses2024-07-3110877899ns5:RetainedEarningsAccumulatedLosses2023-07-3110877899ns5:LandBuildings2023-08-012024-07-3110877899ns5:PlantMachinery2023-08-012024-07-311087789912023-08-012024-07-311087789922023-08-012024-07-3110877899ns5:LandBuildings2023-07-3110877899ns5:PlantMachinery2023-07-3110877899ns5:LandBuildings2024-07-3110877899ns5:PlantMachinery2024-07-3110877899ns5:LandBuildings2023-07-3110877899ns5:PlantMachinery2023-07-3110877899ns5:CostValuation2023-07-3110877899ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3110877899ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3110877899ns5:WithinOneYear2024-07-3110877899ns5:WithinOneYear2023-07-3110877899ns5:BetweenOneFiveYears2024-07-3110877899ns5:BetweenOneFiveYears2023-07-3110877899ns5:AllPeriods2024-07-3110877899ns5:AllPeriods2023-07-31
REGISTERED NUMBER: 10877899 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Tedworth Property Limited

Tedworth Property Limited (Registered number: 10877899)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tedworth Property Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: CGK Warman
S A Tollit





REGISTERED OFFICE: 121 Sloane Street
London
SW1X 9BW





REGISTERED NUMBER: 10877899 (England and Wales)





ACCOUNTANTS: Inghams Tax & Accounting Limited
Suite 1
31 Sheephouse
Farnham
Surrey
GU9 8LR

Tedworth Property Limited (Registered number: 10877899)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,110 17,585
Investments 5 5,000 5,000
20,110 22,585

CURRENT ASSETS
Debtors 6 57,733 43,030
Cash at bank 272,290 501,211
330,023 544,241
CREDITORS
Amounts falling due within one year 7 65,539 18,075
NET CURRENT ASSETS 264,484 526,166
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,594

548,751

PROVISIONS FOR LIABILITIES 3,626 4,396
NET ASSETS 280,968 544,355

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 280,868 544,255
SHAREHOLDERS' FUNDS 280,968 544,355

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Tedworth Property Limited (Registered number: 10877899)

Balance Sheet - continued
31 July 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 February 2025 and were signed on its behalf by:




S A Tollit - Director



CGK Warman - Director


Tedworth Property Limited (Registered number: 10877899)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Tedworth Property Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on cost
Plant and machinery etc - 33% on cost and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price) less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Tedworth Property Limited (Registered number: 10877899)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

2. ACCOUNTING POLICIES - continued

Creditors and basic financial instruments
Basic financial instruments are recognised at amortised cost, with any changes in fair value being recognised in the profit and loss.

Short term trade creditors and directors loans are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2023 23,459 23,575 47,034
Additions - 4,143 4,143
Disposals - (3,451 ) (3,451 )
At 31 July 2024 23,459 24,267 47,726
DEPRECIATION
At 1 August 2023 9,384 20,065 29,449
Charge for year 2,346 4,272 6,618
Eliminated on disposal - (3,451 ) (3,451 )
At 31 July 2024 11,730 20,886 32,616
NET BOOK VALUE
At 31 July 2024 11,729 3,381 15,110
At 31 July 2023 14,075 3,510 17,585

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 August 2023
and 31 July 2024 5,000
NET BOOK VALUE
At 31 July 2024 5,000
At 31 July 2023 5,000

Tedworth Property Limited (Registered number: 10877899)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 24,851 11,606
Other debtors 32,882 31,424
57,733 43,030

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Taxation and social security 61,047 13,650
Other creditors 4,492 4,425
65,539 18,075

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.7.24 31.7.23
£    £   
Within one year 39,820 39,061
Between one and five years 96,232 145,235
136,052 184,296

The lease on the business premises is currently due to expire on 24 December 2027.