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REGISTERED NUMBER: 09258827 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

COURTLANDS ESTATES (TAUNTON) LTD

COURTLANDS ESTATES (TAUNTON) LTD (REGISTERED NUMBER: 09258827)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COURTLANDS ESTATES (TAUNTON) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: J T A Rigby





REGISTERED OFFICE: c/o Taunton Fabrications Ltd
Cornishway East
Galmington Trading Estate
Taunton
Somerset
TA1 5LZ





REGISTERED NUMBER: 09258827 (England and Wales)





ACCOUNTANTS: Mitchells Chartered Accountants
St. John's House,
Castle Street,
Taunton
Somerset
TA1 4AY

COURTLANDS ESTATES (TAUNTON) LTD (REGISTERED NUMBER: 09258827)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 394,609 367,090
Investment property 5 133,333 15,000
527,942 382,090

CURRENT ASSETS
Debtors 6 42,670 33,176
Cash at bank and in hand 82,438 69,548
125,108 102,724
CREDITORS
Amounts falling due within one year 7 306,298 365,628
NET CURRENT LIABILITIES (181,190 ) (262,904 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

346,752

119,186

PROVISIONS FOR LIABILITIES 8 62,815 10,236
NET ASSETS 283,937 108,950

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 9 88,659 (182 )
Retained earnings 9 194,278 108,132
SHAREHOLDERS' FUNDS 283,937 108,950

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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.

COURTLANDS ESTATES (TAUNTON) LTD (REGISTERED NUMBER: 09258827)

BALANCE SHEET - continued
30 JUNE 2024



The financial statements were approved by the director and authorised for issue on 13 January 2025 and were signed by:





J T A Rigby - Director


COURTLANDS ESTATES (TAUNTON) LTD (REGISTERED NUMBER: 09258827)

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

1. STATUTORY INFORMATION

Courtlands Estates (Taunton) Ltd 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 as modified by the revaluation of certain assets.

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.
Plant and machinery etc - 20% on reducing balance and 15% on cost

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.

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.

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.

3. EMPLOYEES AND DIRECTORS

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

COURTLANDS ESTATES (TAUNTON) LTD (REGISTERED NUMBER: 09258827)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and
property machinery Totals
£    £    £   
COST
At 1 July 2023 289,523 143,506 433,029
Additions - 67,082 67,082
At 30 June 2024 289,523 210,588 500,111
DEPRECIATION
At 1 July 2023 19,519 46,420 65,939
Charge for year 8,686 30,877 39,563
At 30 June 2024 28,205 77,297 105,502
NET BOOK VALUE
At 30 June 2024 261,318 133,291 394,609
At 30 June 2023 270,004 97,086 367,090

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023 15,000
Revaluations 118,333
At 30 June 2024 133,333
NET BOOK VALUE
At 30 June 2024 133,333
At 30 June 2023 15,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 2018 (182 )
Valuation in 2024 118,333
Cost 15,182
133,333

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 37,670 29,801
Other debtors 5,000 3,375
42,670 33,176

COURTLANDS ESTATES (TAUNTON) LTD (REGISTERED NUMBER: 09258827)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 48,119 67,393
Taxation and social security 35,139 -
Other creditors 223,040 298,235
306,298 365,628

8. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 62,815 10,236

Deferred
tax
£   
Balance at 1 July 2023 10,236
Charge to Income Statement during year 52,579
Balance at 30 June 2024 62,815

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 July 2023 108,132 (182 ) 107,950
Profit for the year 174,987 174,987
Transfer between reserves (88,841 ) 88,841 -
At 30 June 2024 194,278 88,659 282,937

10. ULTIMATE CONTROLLING PARTY

The controlling party is J T A Rigby.