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Company Registration No. 13428108 (England and Wales)
TOWNVIEW ESTATES LTD Unaudited accounts for the year ended 31 May 2024
TOWNVIEW ESTATES LTD Unaudited accounts Contents
Page
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TOWNVIEW ESTATES LTD Company Information for the year ended 31 May 2024
Director
Gheorghe Lupascu
Company Number
13428108 (England and Wales)
Registered Office
18 ELM TREE ROAD SALFORD M6 6GR ENGLAND
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TOWNVIEW ESTATES LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
471,080 
347,480 
Current assets
Debtors
52,300 
- 
Cash at bank and in hand
3,992 
12,544 
56,292 
12,544 
Creditors: amounts falling due within one year
(320,054)
(153,903)
Net current liabilities
(263,762)
(141,359)
Total assets less current liabilities
207,318 
206,121 
Creditors: amounts falling due after more than one year
(207,073)
(213,253)
Net assets/(liabilities)
245 
(7,132)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
243 
(7,134)
Shareholders' funds
245 
(7,132)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 30 May 2025 and were signed on its behalf by
Gheorghe Lupascu Director Company Registration No. 13428108
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TOWNVIEW ESTATES LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
TOWNVIEW ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 13428108. The registered office is 18 ELM TREE ROAD, SALFORD, M6 6GR, ENGLAND.
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 remained unchanged from the previous year, and also 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.
4
Investment property
2024 
£ 
Fair value at 1 June 2023
347,480 
Additions
123,600 
At 31 May 2024
471,080 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
52,300 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,180 
6,180 
Taxes and social security
198 
- 
Other creditors
23,699 
9,442 
Loans from directors
287,577 
137,081 
Accruals
2,400 
1,200 
320,054 
153,903 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
207,073 
213,253 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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