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REGISTERED NUMBER: 11143176 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Tate Estates Limited

Tate Estates Limited (Registered number: 11143176)






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


Tate Estates Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: S Tate
Mrs L C Tate





REGISTERED OFFICE: Osborne House
20 Victoria Avenue
Harrogate
HG1 5QY





REGISTERED NUMBER: 11143176 (England and Wales)





ACCOUNTANTS: Stringer Mallard Business Services Ltd
12a Montpellier Parade
Harrogate
North Yorkshire
HG1 2TJ

Tate Estates Limited (Registered number: 11143176)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 1 52
1 52

CURRENT ASSETS
Stocks 114,639 114,639
Debtors 6 458,307 461,386
Cash at bank 3,004 4,683
575,950 580,708
CREDITORS
Amounts falling due within one year 7 17,322 16,322
NET CURRENT ASSETS 558,628 564,386
TOTAL ASSETS LESS CURRENT LIABILITIES 558,629 564,438

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 558,529 564,338
558,629 564,438

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 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.

Tate Estates Limited (Registered number: 11143176)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2025 and were signed on its behalf by:





S Tate - Director


Tate Estates Limited (Registered number: 11143176)

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

1. STATUTORY INFORMATION

Tate Estates Limited 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

Tate Estates Limited (Registered number: 11143176)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 190
DEPRECIATION
At 1 November 2023
and 31 October 2024 190
NET BOOK VALUE
At 31 October 2024 -

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 November 2023 52
Disposals (51 )
At 31 October 2024 1
NET BOOK VALUE
At 31 October 2024 1
At 31 October 2023 52

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 213,241 215,854
Other debtors 245,066 245,532
458,307 461,386

Tate Estates Limited (Registered number: 11143176)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,967 944
Amounts owed to group undertakings 3,000 3,000
Taxation and social security 155 4,487
Other creditors 10,200 7,891
17,322 16,322

8. RELATED PARTY DISCLOSURES

Harmil LLP
During the year there were no transactions. In the prior year the company was issued a credit note in respect of overcharged management fees by Harmil LLP (an LLP of which S Tate and L C Tate are members) of £40,000. As at 31 October 2024 the balanced owed was £nil (2023 - £nil).

Shawbeck Holdings Limited
During the year the company paid invoices totalling £750 (2023 - £160) on behalf of Shawbeck Holdings Limited (a company controlled by S Tate and L C Tate). Additionally, in 2023 the Company loaned £7,500 to Shawbeck Holding Limited. As at 31 October 2024 the Company was owed £6,590 (2023 - £7,340).

Industrial Development Projects Limited
During the year Tate Estates Limited transferred 50 shares in Industrial Development Projects Limited to Tate Group Limited, its Parent Entity. At 31 October 2024 Industrial Development Projects Limited (50% owned by Tate Group Limited, the parent entity of Tate Estates Limited) owed the Company £242,660 (2023 - £242,660).

9. ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of Tate Group Limited, which is the largest and smallest group for which the group accounts are prepared. Accounts can be obtained from Osborne House, 20 Victoria Avenue, Harrogate, North Yorkshire, England, HG1 5QY.