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REGISTERED NUMBER: 09121020 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

TDB Real Estate Ltd

TDB Real Estate Ltd (Registered number: 09121020)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TDB Real Estate Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: C C Drummond
O J H Thompson
Mrs F L Thompson





REGISTERED OFFICE: Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW





BUSINESS ADDRESS: 8 Queensbridge
The Lakes
Bedford Road
Northampton
Northamptonshire
NN4 7BF





REGISTERED NUMBER: 09121020 (England and Wales)





ACCOUNTANTS: Willsons
Chartered Accountants
Carlton House
High Street
Higham Ferrers
Northamptonshire
NN10 8BW

TDB Real Estate Ltd (Registered number: 09121020)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 5,589 7,463

CURRENT ASSETS
Debtors 5 318,079 204,225
Cash at bank 362,989 619,988
681,068 824,213
CREDITORS
Amounts falling due within one year 6 252,040 251,505
NET CURRENT ASSETS 429,028 572,708
TOTAL ASSETS LESS CURRENT
LIABILITIES

434,617

580,171

PROVISIONS FOR LIABILITIES 1,119 1,314
NET ASSETS 433,498 578,857

CAPITAL AND RESERVES
Called up share capital 8 650 1,000
Capital redemption reserve 350 -
Retained earnings 432,498 577,857
SHAREHOLDERS' FUNDS 11 433,498 578,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

TDB Real Estate Ltd (Registered number: 09121020)

Balance Sheet - continued
31 August 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 2 May 2025 and were signed on its behalf by:





C C Drummond - Director


TDB Real Estate Ltd (Registered number: 09121020)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

TDB Real Estate 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.

Turnover
Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually at the point of sale.

Turnover from services is recognised on completion of the service to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Fixtures and fittings - 20% on reducing balance
Computer equipment - 30% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

TDB Real Estate Ltd (Registered number: 09121020)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable / payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023
and 31 August 2024 13,415 16,192 11,392 40,999
DEPRECIATION
At 1 September 2023 13,415 12,533 7,588 33,536
Charge for year - 732 1,142 1,874
At 31 August 2024 13,415 13,265 8,730 35,410
NET BOOK VALUE
At 31 August 2024 - 2,927 2,662 5,589
At 31 August 2023 - 3,659 3,804 7,463

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 257,006 122,948
Directors' current accounts 33,201 63,466
Called up share capital not paid - 1,000
Prepayments and accrued income 27,872 16,811
318,079 204,225

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors 8,664 5,541
Corporation Tax 145,134 136,949
Social security and other taxes 1,430 1,713
Pension creditor 325 -
VAT 77,533 84,395
Directors' current accounts - 815
Accrued expenses 18,954 22,092
252,040 251,505

TDB Real Estate Ltd (Registered number: 09121020)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.8.24 31.8.23
£    £   
Within one year 15,739 14,750
Between one and five years 10,524 21,500
26,263 36,250

8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
650 Ordinary shares £1 650 1,000

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
M W Brown
Balance outstanding at start of year 4,974 1,857
Amounts advanced - 113,429
Amounts repaid (4,974 ) (110,312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 4,974

C C Drummond
Balance outstanding at start of year 58,492 48,638
Amounts advanced 22,245 120,166
Amounts repaid (58,492 ) (110,312 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 22,245 58,492

O J H Thompson
Balance outstanding at start of year - -
Amounts advanced 10,956 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,956 -

10. ULTIMATE CONTROLLING PARTY

The directors control the company.

TDB Real Estate Ltd (Registered number: 09121020)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

11. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
31.8.24 31.8.23
£    £   
Profit for the financial year 418,386 495,294
Dividends (308,745 ) (446,274 )
Payments to acquire own shares (255,000 ) -
Net (reduction)/addition to shareholders' funds (145,359 ) 49,020
Opening shareholders' funds 578,857 529,837
Closing shareholders' funds 433,498 578,857