REGISTERED NUMBER: 03642680 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

TEMPLEOAK PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr David Mark Tomlin

Mr Nicholas David Ferris

REGISTERED OFFICE:

9 Kerry Street

Horsforth

Leeds

West Yorkshire

LS18 4AW

REGISTERED NUMBER:

03642680 (England and Wales)

ACCOUNTANTS:

Syers McGill

9 Kerry Street

Horsforth

Leeds

West Yorkshire

LS18 4AW

FIXED ASSETS

Investment property

4

700,000

700,000

CURRENT ASSETS

Debtors

5

434

-

Cash at bank

8,862

10,063

9,296

10,063

CREDITORS

Amounts falling due within one year

6

28,247

36,489

NET CURRENT LIABILITIES

(18,951

)

(26,426

)

TOTAL ASSETS LESS CURRENT LIABILITIES

681,049

673,574

CREDITORS

Amounts falling due after more than one year

7

(30,890

)

(45,680

)

PROVISIONS FOR LIABILITIES

(56,055

)

(56,055

)

NET ASSETS

594,104

571,839

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

10

594,102

571,837

SHAREHOLDERS' FUNDS

594,104

571,839

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.

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 30 July 2025 and were signed on its behalf by:

Mr David Mark Tomlin - Director

1.	STATUTORY INFORMATION

Templeoak Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2023

and 31 October 2024

700,000

NET BOOK VALUE

At 31 October 2024

700,000

At 31 October 2023

700,000

The investment properties were valued on an open market basis on 19 April 2021 by WSB Property

Consultants LLP.

The directors believe the investment properties are stated at the true current market value.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Prepayments and accrued income

434

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.24

31.10.23

£

£

Bank loans and overdrafts

15,935

24,491

Tax

5,223

4,619

Social security and other taxes

-

381

Accruals and deferred income

7,089

6,998

28,247

36,489

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.24

31.10.23

£

£

Bank loans

-

14,790

Directors' loan accounts

30,890

30,890

30,890

45,680

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.24

31.10.23

£

£

Bank loans

15,935

39,281

The bank loan is secured on the freehold properties and other assets of the company.

The loan was fully satisfied and security removed in June 2025.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.24

31.10.23

value:

£

£

2

Ordinary

£1

2

2

10.

RESERVES

Retained

earnings

£

At 1 November 2023

571,837

Profit for the year

22,265

At 31 October 2024

594,102

11.	RELATED PARTY DISCLOSURES

The company has directors in common with Tomlin's Property Services Limited.

During the year, the company incurred management fees totalling £8,017 (2023: £5,010) from Tomlin's Property Services Limited.

12.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its directors.