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REGISTERED NUMBER: 03545710 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Tulstik Properties Limited

Tulstik Properties Limited (Registered number: 03545710)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Tulstik Properties Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Mrs E Rowan
P Rowan





SECRETARY: Mrs E Rowan





REGISTERED OFFICE: 1 Watton Road
Knebworth
Hertfordshire
SG3 6AH





REGISTERED NUMBER: 03545710 (England and Wales)





ACCOUNTANTS: Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN

Tulstik Properties Limited (Registered number: 03545710)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 967 689
Investment property 5 457,421 457,421
458,388 458,110

CURRENT ASSETS
Cash at bank 5,500 3,858

CREDITORS
Amounts falling due within one year 6 119,037 101,746
NET CURRENT LIABILITIES (113,537 ) (97,888 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

344,851

360,222

CREDITORS
Amounts falling due after more than one
year

7

348,787

358,787
NET (LIABILITIES)/ASSETS (3,936 ) 1,435

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (3,938 ) 1,433
SHAREHOLDERS' FUNDS (3,936 ) 1,435

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Tulstik Properties Limited (Registered number: 03545710)

Balance Sheet - continued
30 April 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 11 February 2025 and were signed on its behalf by:





Mrs E Rowan - Director


Tulstik Properties Limited (Registered number: 03545710)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Tulstik 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.

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.

Fixtures and fittings25% reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 12,179
Additions 600
At 30 April 2024 12,779
DEPRECIATION
At 1 May 2023 11,490
Charge for year 322
At 30 April 2024 11,812
NET BOOK VALUE
At 30 April 2024 967
At 30 April 2023 689

Tulstik Properties Limited (Registered number: 03545710)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 457,421
NET BOOK VALUE
At 30 April 2024 457,421
At 30 April 2023 457,421

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other creditors 119,037 101,746

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Other creditors 348,787 358,787

8. RELATED PARTY DISCLOSURES

Mr P and Mrs E Rowan are also directors in P & E Consultancy Services Limited.

At the year end the company owed P & E Consultancy Services Limited £43,400 (2023: £26,800).

9. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr P & Mrs E Rowan by virtue of their ownership of 50% each of the issued ordinary share capital in the company.

Tulstik Properties Limited

Report of the Accountants to the Directors of
Tulstik Properties Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Evolve Accounting and Tax Solutions Limited
2nd Floor Congress House
14 Lyon Road
Harrow
Middlesex
HA1 2EN


11 February 2025