| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 September 2024 |
| for |
| TANDEM PROPERTIES LTD |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 30 September 2024 |
| for |
| TANDEM PROPERTIES LTD |
| TANDEM PROPERTIES LTD (REGISTERED NUMBER: 06080671) |
| Contents of the Financial Statements |
| for the Year Ended 30 September 2024 |
| Page |
| Balance Sheet | 1 |
| TANDEM PROPERTIES LTD (REGISTERED NUMBER: 06080671) |
| Balance Sheet |
| 30 September 2024 |
| 30.9.24 | 30.9.23 |
| £ | £ |
| CURRENT ASSETS |
| CREDITORS |
| Amounts falling due within one year | ( |
) | ( |
) |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
| CAPITAL AND RESERVES | ( |
) | ( |
) |
| NOTES TO THE FINANCIAL STATEMENTS |
| 1. | STATUTORY INFORMATION |
| Tandem Properties Ltd is a |
| Registered number: |
| Registered office: |
| 2. | AVERAGE NUMBER OF EMPLOYEES |
| The average number of employees during the year was |
| 3. | OTHER FINANCIAL COMMITMENTS |
| On the 2nd September 2019 the directors made the decision that to maximize the economic return from the underlying property held in Sheffield that the property would be developed out by the company itself. As such the underlying property has been transferred from fixed assets to stock on the 2nd September 2019. |
| The net book value of the property (£1,106,726) was felt by the directors to be a fair reflection of the value of the property at that time and was therefore the value used for the transfer to stock. |
| The directors do however continue to look for other investment led opportunities as they are of the view that given their long track record of working in the property sector and maximizing property led returns that other investment led opportunities may well present themselves albeit for the next few years the development out and on-sale of the Sheffield site is likely to be the priority and , hopefully, a trading success. |
| TANDEM PROPERTIES LTD (REGISTERED NUMBER: 06080671) |
| Balance Sheet - continued |
| 30 September 2024 |
| 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. |
| The financial statements were approved by the Board of Directors and authorised for issue on |