Company registration number 13035673 (England and Wales)
TIERNEY PROPERTY CO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
TIERNEY PROPERTY CO LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
TIERNEY PROPERTY CO LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2024
30 November 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
2
5,279
6,199
Investment properties
3
264,824
264,824
270,103
271,023
Current assets
Debtors
4
109
3,498
Cash at bank and in hand
187
15
296
3,513
Creditors: amounts falling due within one year
5
(150,070)
(149,721)
Net current liabilities
(149,774)
(146,208)
Total assets less current liabilities
120,329
124,815
Creditors: amounts falling due after more than one year
6
(166,437)
(164,937)
Net liabilities
(46,108)
(40,122)
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
(46,208)
(40,222)
Total equity
(46,108)
(40,122)
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 14 August 2025 and are signed on its behalf by:
Mr Anthony Tierney
Director
Company Registration No. 13035673
TIERNEY PROPERTY CO LTD
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024
30 November 2024
- 2 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
2
Tangible fixed assets
Plant and machinery
£
Cost
At 1 December 2023
8,287
Additions
309
At 30 November 2024
8,596
Depreciation and impairment
At 1 December 2023
2,088
Depreciation charged in the year
1,229
At 30 November 2024
3,317
Carrying amount
At 30 November 2024
5,279
At 30 November 2023
6,199
3
Investment property
2024
£
Fair value
At 1 December 2023 and 30 November 2024
264,824
The investment property is secured by a fixed charge dated 26 October 2022 in favour of Nottingham Building Society.
TIERNEY PROPERTY CO LTD
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024
30 November 2024
- 3 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
109
274
Other debtors
3,224
109
3,498
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
79
Other creditors
150,070
149,642
150,070
149,721
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
166,437
164,937
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
76
76
76
76
B Ordinary shares of £1 each
24
24
24
24
100
100
100
100