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REGISTERED NUMBER: 10564457 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Tower Farm Garden Holiday Lets Limited

Tower Farm Garden Holiday Lets Limited (Registered number: 10564457)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Tower Farm Garden Holiday Lets Limited

Company Information
for the Year Ended 31 January 2025







DIRECTOR: Mrs G M Hill





REGISTERED OFFICE: High Ridge Farm
Chalk Hill
Soberton
Southampton
Hampshire
SO32 3PH





REGISTERED NUMBER: 10564457 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
The Old Stables
Sutton Manor Farm
Bishops Sutton
Alresford
Hampshire
SO24 0AA

Tower Farm Garden Holiday Lets Limited (Registered number: 10564457)

Balance Sheet
31 January 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 223,734 237,550

CURRENT ASSETS
Debtors 5 756 889
Cash at bank 109,666 98,229
110,422 99,118
CREDITORS
Amounts falling due within one year 6 305,721 306,025
NET CURRENT LIABILITIES (195,299 ) (206,907 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,435

30,643

PROVISIONS FOR LIABILITIES 7 15,329 15,367
NET ASSETS 13,106 15,276

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 13,105 15,275
13,106 15,276

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 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 director and authorised for issue on 11 July 2025 and were signed by:




Mrs G M Hill - Director


Tower Farm Garden Holiday Lets Limited (Registered number: 10564457)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Tower Farm Garden Holiday Lets 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.

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.
Short leasehold - 5% reducing balance basis
Plant and machinery - 15% reducing balance basis
Fixtures and fittings - 15% reducing balance basis

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

Tower Farm Garden Holiday Lets Limited (Registered number: 10564457)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings Totals
£    £    £    £   
COST
At 1 February 2024 276,045 60,510 1,963 338,518
Additions - - 1,200 1,200
At 31 January 2025 276,045 60,510 3,163 339,718
DEPRECIATION
At 1 February 2024 68,072 32,046 850 100,968
Charge for year 10,399 4,270 347 15,016
At 31 January 2025 78,471 36,316 1,197 115,984
NET BOOK VALUE
At 31 January 2025 197,574 24,194 1,966 223,734
At 31 January 2024 207,973 28,464 1,113 237,550

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Prepayments 756 889

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 419 147
VAT 575 993
Directors' current accounts 299,882 298,065
Deferred income 1,925 4,668
Accrued expenses 2,920 2,152
305,721 306,025

7. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 15,329 15,367

Deferred
tax
£   
Balance at 1 February 2024 15,367
Capital allowances (1,378 )
Losses 1,340
Balance at 31 January 2025 15,329

Tower Farm Garden Holiday Lets Limited (Registered number: 10564457)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed the director, Mrs G Hill, £299,882 (2023: £298,065).

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs G M Hill.