0 false false false false false false false false false false true false false false false false false No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 0730367 2023-04-01 2024-03-31 0730367 2024-03-31 0730367 2023-03-31 0730367 2022-04-01 2023-03-31 0730367 2023-03-31 0730367 2022-03-31 0730367 bus:Director2 2023-04-01 2024-03-31 0730367 core:WithinOneYear 2024-03-31 0730367 core:WithinOneYear 2023-03-31 0730367 core:ShareCapital 2024-03-31 0730367 core:ShareCapital 2023-03-31 0730367 core:RetainedEarningsAccumulatedLosses 2024-03-31 0730367 core:RetainedEarningsAccumulatedLosses 2023-03-31 0730367 bus:SmallEntities 2023-04-01 2024-03-31 0730367 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 0730367 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 0730367 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 0730367 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: 0730367
Tifereth Investments Limited
Filleted Unaudited Financial Statements
31 March 2024
Tifereth Investments Limited
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
£
Current assets
Debtors
4
1,494,217
1,493,717
Cash at bank and in hand
9,824
10,893
------------
------------
1,504,041
1,504,610
Creditors: amounts falling due within one year
5
602,793
573,254
------------
------------
Net current assets
901,248
931,356
---------
---------
Total assets less current liabilities
901,248
931,356
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
901,148
931,256
---------
---------
Shareholders funds
901,248
931,356
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 15 May 2025 , and are signed on behalf of the board by:
Mrs D Feldman
Director
Company registration number: 0730367
Tifereth Investments Limited
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 ODH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
The income of the company is solely derived from management services provided.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.
4. Debtors
2024
2023
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
1,028,399
1,027,899
Other debtors
465,818
465,818
------------
------------
1,494,217
1,493,717
------------
------------
5. Creditors: amounts falling due within one year
2024
2023
£
£
Amounts owed to group undertakings and undertakings in which the company has a participating interest
596,272
566,272
Amounts owed to other related companies
4,080
4,750
Other creditors
2,441
2,232
---------
---------
602,793
573,254
---------
---------
6. Related party transactions
Loan account balances with related companies are shown separately in the debtors and creditors notes to the accounts.