Registration number: 03122265

Telford House Property Services Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 4

Telford House Property Services Limited

Company Information

Directors

Mr T P McLoughlin Mrs F H McLoughlin

Registered office

Mercury House Sitka Drive Shrewsbury Business Park Shrewsbury SY2 6LG

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Telford House Property Services Limited

(Registration number: 03122265)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Current assets
Debtors	4	13,074	8,340
Cash at bank and in hand		61,829	71,090
		74,903	79,430
Creditors: Amounts falling due within one year	5	(53,846)	(41,726)
Net assets		21,057	37,704
Capital and reserves
Called up share capital	6	100	100
Retained earnings		20,957	37,604
Shareholders' funds		21,057	37,704

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 June 2025 and signed on its behalf by:
 

Mr T P McLoughlin Director

Telford House Property Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Mercury House
Sitka Drive
Shrewsbury Business Park
Shrewsbury
SY2 6LG

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

Telford House Property Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

4

Debtors

Current	2024 £	2023 £
Trade debtors	9,136	5,270
Prepayments	3,938	3,070
	13,074	8,340

5

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	10,226	3,930
Taxation and social security	4,093	3,547
Accruals and deferred income	26,027	20,749
Other creditors	13,500	13,500
	53,846	41,726

6	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary 'A' of £1 each	50	50	50	50
Ordinary 'B' of £1 each	50	50	50	50
	100	100	100	100

7	Related party transactions

At 31 December 2024 a balance of £13,500 (2023 - £13,500) was due by the company to the directors. This balance is unsecured, interest free and with no fixed terms of repayment.