TEW PROPERTIES LIMITED

TEW PROPERTIES LIMITED

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For the year ended 31 August 2024

Business Information	1
Statement of financial position	2
Notes to the Accounts	3

1

TEW PROPERTIES LIMITED

Business information

For the year ended 31 August 2024

Directors	Fiona Tew Gavin Paul Tew
Registered Number	12815340
Registered Office	10 Middleton Gardens Bournemouth BH7 7BT

2

TEW PROPERTIES LIMITED

Statement of financial position

As at 31 August 2024

	£	2024 £	£	2023 £
Fixed assets		223,440		109,710
Current assets	1,274		867
Creditors: amount falling due within one year	(63,568)		(29,760)
Net current assets		(62,294)		(28,893)
Total assets less current liabilities		161,146		80,817
Creditors: amount falling due after more than one year		(158,625)		(78,750)
Net assets		2,521		2,067


Capital and reserves		2,521		2,067

For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its accounts for the year 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 accounts

The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Signed on behalf of the board of directors:

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Gavin Paul Tew
Director

Date approved: 07 April 2025

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TEW PROPERTIES LIMITED

Notes to the accounts

For the year ended 31 August 2024

Statutory Information

TEW PROPERTIES LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 12815340, registration address 10 Middleton Gardens, Bournemouth, BH7 7BT, United Kingdom.

The presentation currency is £ sterling.

1.

Accounting Policies

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016).

Going Concern

The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future.

If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

2.

Tangible fixed assets

Cost or Valuation	Freehold property	Long leasehold	Total
	£	£	£
At 01 September 2023	-	109,710	109,710
Additions	113,730	-	113,730
At 31 August 2024	113,730	109,710	223,440
Depreciation
At 01 September 2023	-	-	-
At 31 August 2024	-	-	-
Net book values
Closing balance as at 31 August 2024	113,730	109,710	223,440
Opening balance as at 01 September 2023	-	109,710	109,710

3.	Average number of employees Average number of employees during the year were 2 (2023: 2).

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