TRIBAL PROPERTIES LTD

Company Registration Number:
11960742 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

TRIBAL PROPERTIES LTD

Contents of the Financial Statements

for the Period Ended 30 April 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

TRIBAL PROPERTIES LTD

Company Information

for the Period Ended 30 April 2024




Director: Wayne Locke
Registered office: Onyx House
12 Phoenix Business Park
Avenue Close
Birmingham
West Midlands
England
B7 4NU
Company Registration Number: 11960742 (England and Wales)

TRIBAL PROPERTIES LTD

Balance sheet

As at 30 April 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 2 2
Tangible assets: 5 2,200 2,800
Total fixed assets: 2,202 2,802
Current assets
Debtors: 48,336 49,836
Cash at bank and in hand: 1,585 433
Total current assets: 49,921 50,269
Creditors: amounts falling due within one year: ( 22,142 ) ( 23,773 )
Net current assets (liabilities): 27,779 26,496
Total assets less current liabilities: 29,981 29,298
Creditors: amounts falling due after more than one year: ( 74,332 ) ( 67,416 )
Total net assets (liabilities): ( 44,351 ) ( 38,118 )

The notes form part of these financial statements

TRIBAL PROPERTIES LTD

Balance sheet continued

As at 30 April 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 44,352 ) ( 38,119 )
Shareholders funds: ( 44,351 ) ( 38,118 )

For the year ending 30 April 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 June 2025
And Signed On Behalf Of The Board By:

Name: Wayne Locke
Status: Director

The notes form part of these financial statements

TRIBAL PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

    The company recognises revenue when:
    The amount of revenue can be reliably measured;
    it is probable that future economic benefits will flow to the entity;
    and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

    The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

    Plant and Machinery 15% - Reducing Balance

TRIBAL PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

TRIBAL PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 3. Off balance sheet disclosure

    No

TRIBAL PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 May 2023 2
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 30 April 2024 2
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 30 April 2024 -
    Net book value
    Net book value at 30 April 2024 2
    Net book value at 30 April 2023 2

TRIBAL PROPERTIES LTD

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Tangible Assets

Total
Cost £
At 01 May 2023 4,000
Additions -
Disposals -
Revaluations -
Transfers -
At 30 April 2024 4,000
Depreciation
At 01 May 2023 1,200
Charge for year 600
On disposals -
Other adjustments -
At 30 April 2024 1,800
Net book value
At 30 April 2024 2,200
At 30 April 2023 2,800