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REGISTERED NUMBER: 01140602 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TOWN HOUSE(CONVERSIONS)LIMITED

TOWN HOUSE(CONVERSIONS)LIMITED (REGISTERED NUMBER: 01140602)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TOWN HOUSE(CONVERSIONS)LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: G W Taunton-Collins
T J K Oakley





SECRETARY: G W Taunton-Collins





REGISTERED OFFICE: Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW





REGISTERED NUMBER: 01140602 (England and Wales)





ACCOUNTANTS: GBJ Financial Limited
Sterling House
27 Hatchlands Road
Redhill
Surrey
RH1 6RW

TOWN HOUSE(CONVERSIONS)LIMITED (REGISTERED NUMBER: 01140602)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investments 4 3,717,857 3,717,857

CURRENT ASSETS
Debtors 5 21,934 52,136
Cash at bank 362,904 278,076
384,838 330,212
CREDITORS
Amounts falling due within one year 6 53,299 36,172
NET CURRENT ASSETS 331,539 294,040
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,049,396

4,011,897

PROVISIONS FOR LIABILITIES 496,746 496,746
NET ASSETS 3,552,650 3,515,151

CAPITAL AND RESERVES
Called up share capital 6 6
Revaluation reserve 7 2,251,641 2,251,641
Retained earnings 1,301,003 1,263,504
SHAREHOLDERS' FUNDS 3,552,650 3,515,151

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

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

TOWN HOUSE(CONVERSIONS)LIMITED (REGISTERED NUMBER: 01140602)

BALANCE SHEET - continued
31 DECEMBER 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 22 May 2025 and were signed on its behalf by:




G W Taunton-Collins - Director



T J K Oakley - Director


TOWN HOUSE(CONVERSIONS)LIMITED (REGISTERED NUMBER: 01140602)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

Town House(Conversions)Limited 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 represents amounts receivable for property and other sales and rent, net of VAT.

Investment properties
Investment properties are included in the balance sheet at their open market value. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. FIXED ASSET INVESTMENTS
Other
investment
£   
COST OR VALUATION
At 1 January 2024
and 31 December 2024 3,717,857
NET BOOK VALUE
At 31 December 2024 3,717,857
At 31 December 2023 3,717,857

TOWN HOUSE(CONVERSIONS)LIMITED (REGISTERED NUMBER: 01140602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


4. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31 December 2024 is represented by:

Other
investment
£   
Valuation in 1997 378,135
Valuation in 2002 655,390
Valuation in 2005 469,821
Valuation in 2006 (236,510 )
Valuation in 2007 (100,000 )
Valuation in 2015 1,581,551
Cost 969,470
3,717,857

If the investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 969,470 969,470

The investment properties were valued on an open market basis on 1 July 2015 by the directors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 18,901 52,136
Other debtors 3,033 -
21,934 52,136

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 45,657 36,172
Other creditors 7,642 -
53,299 36,172

TOWN HOUSE(CONVERSIONS)LIMITED (REGISTERED NUMBER: 01140602)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


7. RESERVES
Revaluatio
reserve
£   
At 1 January 2024
and 31 December 2024 2,251,641