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REGISTERED NUMBER: 04854300 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

TOWN CENTRE MORTGAGES (BASINGSTOKE) LTD

TOWN CENTRE MORTGAGES (BASINGSTOKE) LTD (REGISTERED NUMBER: 04854300)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TOWN CENTRE MORTGAGES (BASINGSTOKE) LTD

Company Information
for the Year Ended 31 October 2024







DIRECTOR: P M Smith





SECRETARY: Mrs T Smith





REGISTERED OFFICE: 12A Winchester Street
Basingstoke
RG21 7DY





REGISTERED NUMBER: 04854300 (England and Wales)





ACCOUNTANTS: B20 Limited
Chartered Certified Accountants
Charwell House
Wilsom Road
Alton
Hampshire
GU34 2PP

TOWN CENTRE MORTGAGES (BASINGSTOKE) LTD (REGISTERED NUMBER: 04854300)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 623 3,315

CURRENT ASSETS
Debtors 5 122,055 106,105
Cash at bank and in hand 21,939 4,390
143,994 110,495
CREDITORS
Amounts falling due within one year 6 (97,693 ) (72,891 )
NET CURRENT ASSETS 46,301 37,604
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,924

40,919

CREDITORS
Amounts falling due after more than one
year

7

(8,231

)

(13,268

)
NET ASSETS 38,693 27,651

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,593 27,551
38,693 27,651

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 CENTRE MORTGAGES (BASINGSTOKE) LTD (REGISTERED NUMBER: 04854300)

Balance Sheet - continued
31 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 July 2025 and were signed by:





P M Smith - Director


TOWN CENTRE MORTGAGES (BASINGSTOKE) LTD (REGISTERED NUMBER: 04854300)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

TOWN CENTRE MORTGAGES (BASINGSTOKE) 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 comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities, stated net of discount and sales taxes.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 10% on cost

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.

Financial instruments
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

TOWN CENTRE MORTGAGES (BASINGSTOKE) LTD (REGISTERED NUMBER: 04854300)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 43,642
Additions 545
At 31 October 2024 44,187
DEPRECIATION
At 1 November 2023 40,327
Charge for year 3,237
At 31 October 2024 43,564
NET BOOK VALUE
At 31 October 2024 623
At 31 October 2023 3,315

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 116,623 88,403
Other debtors 5,432 17,702
122,055 106,105

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 54,157 32,609
Taxation and social security 39,623 30,182
Other creditors 3,913 10,100
97,693 72,891

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.24 31.10.23
£    £   
Bank loans 8,231 13,268