IRIS Accounts Production v24.3.2.46 04445806 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044458062023-05-31044458062024-05-31044458062023-06-012024-05-31044458062022-05-31044458062022-06-012023-05-31044458062023-05-3104445806ns15:EnglandWales2023-06-012024-05-3104445806ns14:PoundSterling2023-06-012024-05-3104445806ns10:Director12023-06-012024-05-3104445806ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3104445806ns10:SmallEntities2023-06-012024-05-3104445806ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3104445806ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3104445806ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3104445806ns10:FullAccounts2023-06-012024-05-3104445806ns10:Director22023-06-012024-05-3104445806ns10:CompanySecretary12023-06-012024-05-3104445806ns10:RegisteredOffice2023-06-012024-05-3104445806ns5:CurrentFinancialInstruments2024-05-3104445806ns5:CurrentFinancialInstruments2023-05-3104445806ns5:ShareCapital2024-05-3104445806ns5:ShareCapital2023-05-3104445806ns5:FurtherSpecificReserve3ComponentTotalEquity2024-05-3104445806ns5:FurtherSpecificReserve3ComponentTotalEquity2023-05-3104445806ns5:RetainedEarningsAccumulatedLosses2024-05-3104445806ns5:RetainedEarningsAccumulatedLosses2023-05-3104445806ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3104445806ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31
REGISTERED NUMBER: 04445806 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Turnham & Hill Properties Limited

Turnham & Hill Properties Limited (Registered number: 04445806)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Turnham & Hill Properties Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: B Hill
S T Turnham





SECRETARY: S T Turnham





REGISTERED OFFICE: The Old Grange
Warren Estate
Lordship Road
Writtle, Chelmsford
Essex
CM1 3WT





REGISTERED NUMBER: 04445806 (England and Wales)





ACCOUNTANTS: Xeinadin South East Limited
The Old Grange
Warren Estate
Lordship Road
Writtle
Essex
CM1 3WT

Turnham & Hill Properties Limited (Registered number: 04445806)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 330,000 330,000

CURRENT ASSETS
Debtors 5 333 282
Cash at bank 8,728 14,910
9,061 15,192
CREDITORS
Amounts falling due within one year 6 4,347 15,895
NET CURRENT ASSETS/(LIABILITIES) 4,714 (703 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

334,714

329,297

PROVISIONS FOR LIABILITIES 44,600 44,600
NET ASSETS 290,114 284,697

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 179,414 179,414
Retained earnings 110,600 105,183
SHAREHOLDERS' FUNDS 290,114 284,697

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

Turnham & Hill Properties Limited (Registered number: 04445806)

Balance Sheet - continued
31 May 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 January 2025 and were signed on its behalf by:





S T Turnham - Director


Turnham & Hill Properties Limited (Registered number: 04445806)

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

1. STATUTORY INFORMATION

Turnham & Hill Properties 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.

The company is not part of the group.

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 as modified by the revaluation of certain assets.

Significant judgements and estimates
No significant judgements or estimations have been applied in the preparation of the financial statements.

Investment property
The investment properties are included at fair value. Gains are recognised in the income statement and subsequently transferred to the fair value reserve. Deferred taxation is provided on these gains at the rate expected to apply when the properties are sold.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like loans from banks.

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 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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Turnham & Hill Properties Limited (Registered number: 04445806)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 330,000
NET BOOK VALUE
At 31 May 2024 330,000
At 31 May 2023 330,000

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2020 224,014
Cost 105,986
330,000

If the investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 105,986 105,986

The investment properties were valued on an open market basis on 31 May 2024 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 333 282

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 1,154
Taxation and social security 1,505 2,031
Other creditors 2,842 12,710
4,347 15,895