Caseware UK (AP4) 2023.0.135 2023.0.135 2024-06-302024-06-302false2023-04-01No description of principal activity2truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10668919 2023-04-01 2024-06-30 10668919 2022-04-01 2023-03-31 10668919 2024-06-30 10668919 2023-03-31 10668919 c:Director1 2023-04-01 2024-06-30 10668919 d:CurrentFinancialInstruments 2024-06-30 10668919 d:CurrentFinancialInstruments 2023-03-31 10668919 d:Non-currentFinancialInstruments 2024-06-30 10668919 d:Non-currentFinancialInstruments 2023-03-31 10668919 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 10668919 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 10668919 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 10668919 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 10668919 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 10668919 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 10668919 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 10668919 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 10668919 d:ShareCapital 2024-06-30 10668919 d:ShareCapital 2023-03-31 10668919 d:RetainedEarningsAccumulatedLosses 2024-06-30 10668919 d:RetainedEarningsAccumulatedLosses 2023-03-31 10668919 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2024-06-30 10668919 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-03-31 10668919 c:OrdinaryShareClass1 2023-04-01 2024-06-30 10668919 c:OrdinaryShareClass1 2024-06-30 10668919 c:OrdinaryShareClass1 2023-03-31 10668919 c:FRS102 2023-04-01 2024-06-30 10668919 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-06-30 10668919 c:FullAccounts 2023-04-01 2024-06-30 10668919 c:PrivateLimitedCompanyLtd 2023-04-01 2024-06-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10668919










TAMARIND PROPERTIES LIMITED








UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 30 JUNE 2024



 
TAMARIND PROPERTIES LIMITED
REGISTERED NUMBER: 10668919

BALANCE SHEET
AS AT 30 JUNE 2024

30 June
31 March
2024
2023
Note
£
£

  

CURRENT ASSETS
  

Cash at bank and in hand
 4 
1,704
2,526

  
1,704
2,526

Creditors: amounts falling due within one year
 5 
(24,450)
(11,137)

NET CURRENT LIABILITIES
  
 
 
(22,746)
 
 
(8,611)

TOTAL ASSETS LESS CURRENT LIABILITIES
  
(22,746)
(8,611)

Creditors: amounts falling due after more than one year
 6 
(9,196)
(21,736)

  

NET LIABILITIES
  
(31,942)
(30,347)


CAPITAL AND RESERVES
  

Called up share capital 
 10 
100
100

Profit and loss account
  
(32,042)
(30,447)

  
(31,942)
(30,347)


Page 1

 
TAMARIND PROPERTIES LIMITED
REGISTERED NUMBER: 10668919

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




G J Kent
Director

Date: 12 March 2025

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
TAMARIND PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.ACCOUNTING POLICIES

 
1.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
1.2

GOING CONCERN

The directors consider the company to be a going concern for the foreseeable future on the basis of their ongoing financial support and that of external finance providers.

 
1.3

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
1.4

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.5

CREDITORS

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

 
1.6

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Balance sheet when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Page 3

 
TAMARIND PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

1.ACCOUNTING POLICIES (CONTINUED)


1.6
FINANCIAL INSTRUMENTS (CONTINUED)

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


2.


GENERAL INFORMATION

Tamarind Properties Limited is a limited company incorporated in England and Wales. The registered office address is at The Stables, Little Coldharbour Farm, Tong Lane, Lamberhurst, Tunbridge Wells, Kent, TN3 8AD.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the period was 2 (2023 - 2).


4.


CASH AND CASH EQUIVALENTS

30 June
31 March
2024
2023
£
£

Cash at bank and in hand
1,704
2,526


Page 4

 
TAMARIND PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

5.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30 June
31 March
2024
2023
£
£

Bank loans
10,021
10,017

Directors' loan account
13,691
388

Other creditors
738
732

24,450
11,137



6.


CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30 June
31 March
2024
2023
£
£

Bank loans
9,196
21,736



7.


LOANS


Analysis of the maturity of loans is given below:


30 June
31 March
2024
2023
£
£

AMOUNTS FALLING DUE WITHIN ONE YEAR

Bank loans
10,021
10,017

AMOUNTS FALLING DUE 1-2 YEARS

Bank loans
9,197
10,021

AMOUNTS FALLING DUE 2-5 YEARS

Bank loans
-
11,714


19,218
31,752


Page 5

 
TAMARIND PROPERTIES LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2024

8.


FINANCIAL INSTRUMENTS

30 June
31 March
2024
2023
£
£

FINANCIAL ASSETS


Financial assets measured at fair value through profit or loss
1,704
2,526




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


9.


DEFERRED TAXATION


A deferred tax asset has not been recognised on the trading losses carried forward of £31,529 (2023: £29,934 ) on the basis that it is unlikely the losses will be utilised for the foreseeable future.


10.


SHARE CAPITAL

30 June
31 March
2024
2023
£
£
ALLOTTED, CALLED UP AND FULLY PAID



100 (2023 - 100) Ordinary shares of £1.00 each
100
100



Page 6