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Company Registration No. 14987014 (England and Wales)
Terminus Estate Investments Ltd Unaudited accounts for the period from 7 July 2023 to 31 July 2024
Terminus Estate Investments Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Terminus Estate Investments Ltd Company Information for the period from 7 July 2023 to 31 July 2024
Directors
Sidonie Aughney James Harding Jonathan Bennett
Company Number
14987014 (England and Wales)
Registered Office
1st Floor Cornelius House 178-180 Church Road Hove BN3 2DJ United Kingdom
Accountants
KMG Accountancy Ltd The Offices 57 Newtown Road Hove BN3 7BA
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Terminus Estate Investments Ltd for the period from 7 July 2023 to 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Terminus Estate Investments Ltd for the period from 7 July 2023 to 31 July 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 7/16 as detailed at icaew.com/compilation.
KMG Accountancy Ltd Chartered Accountants The Offices 57 Newtown Road Hove BN3 7BA 7 April 2025
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Terminus Estate Investments Ltd Statement of financial position as at 31 July 2024
2024 
Notes
£ 
Fixed assets
Investment property
4
5,102,513 
Investments
5
100 
5,102,613 
Current assets
Cash at bank and in hand
232 
Creditors: amounts falling due within one year
6
(5,160,909)
Net current liabilities
(5,160,677)
Net liabilities
(58,064)
Capital and reserves
Called up share capital
100 
Profit and loss account
(58,164)
Shareholders' funds
(58,064)
For the period ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 7 April 2025 and were signed on its behalf by
James Harding Director Company Registration No. 14987014
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Terminus Estate Investments Ltd Notes to the Accounts for the period from 7 July 2023 to 31 July 2024
1
Statutory information
Terminus Estate Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 14987014. The registered office is 1st Floor Cornelius House, 178-180 Church Road, Hove, BN3 2DJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024 
£ 
Additions
5,102,513 
At 31 July 2024
5,102,513 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 7 July 2023
- 
Additions
100 
Valuation at 31 July 2024
100 
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Terminus Estate Investments Ltd Notes to the Accounts for the period from 7 July 2023 to 31 July 2024
6
Creditors: amounts falling due within one year
2024 
£ 
Bank loans and overdrafts
4,263,134 
Trade creditors
333,017 
Other creditors
564,108 
Accruals
650 
5,160,909 
The Company has provided its investment property as security and granted fixed charges on the property where appropriate.
7
Average number of employees
During the period the average number of employees was 3.
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