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REGISTERED NUMBER: 15188901 (England and Wales)















Unaudited Financial Statements

for the Period

5th October 2023 to 31st October 2024

for

Ted & Beau Properties Ltd

Ted & Beau Properties Ltd (Registered number: 15188901)

Contents of the Financial Statements
for the Period 5th October 2023 to 31st October 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ted & Beau Properties Ltd

Company Information
for the Period 5th October 2023 to 31st October 2024







DIRECTORS: Miss R R Barton
T Haley





REGISTERED OFFICE: 54 Halfway Road
Minster on sea
Sheerness
Kent
ME12 3AT





REGISTERED NUMBER: 15188901 (England and Wales)





ACCOUNTANTS: Blain Pritchard
Chartered Certified Accountants
29 High Street
Blue Town
SHEERNESS
Kent
ME12 1RN

Ted & Beau Properties Ltd (Registered number: 15188901)

Balance Sheet
31st October 2024

Notes £    £   
FIXED ASSETS
Investment property 4 190,929

CURRENT ASSETS
Cash at bank 3,025

CREDITORS
Amounts falling due within one year 5 57,048
NET CURRENT LIABILITIES (54,023 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

136,906

CREDITORS
Amounts falling due after more than one
year

6

140,000
NET LIABILITIES (3,094 )

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (3,194 )
SHAREHOLDERS' FUNDS (3,094 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31st October 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.

Ted & Beau Properties Ltd (Registered number: 15188901)

Balance Sheet - continued
31st October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3rd June 2025 and were signed on its behalf by:




Miss R R Barton - Director



T Haley - Director


Ted & Beau Properties Ltd (Registered number: 15188901)

Notes to the Financial Statements
for the Period 5th October 2023 to 31st October 2024


1. STATUTORY INFORMATION

Ted & Beau Properties 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 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 shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

Ted & Beau Properties Ltd (Registered number: 15188901)

Notes to the Financial Statements - continued
for the Period 5th October 2023 to 31st October 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 190,929
At 31st October 2024 190,929
NET BOOK VALUE
At 31st October 2024 190,929

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 95
Other creditors 56,953
57,048

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 140,000

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 140,000

7. SECURED DEBTS

The following secured debts are included within creditors:

£   
Mortgage 140,000

Fleet Mortgages Ltd hold a charge over the property 119 Berridge Road, Sheerness Kent dated 24 June 2024.

8. RELATED PARTY DISCLOSURES

During the period the directors introduced money into the company. At the 31 October 2024 monies owed to the directors amounted to £56,400. The amount is shown in other creditors due within 1 year, there is no set date for repayment of the loan.