REGISTERED NUMBER: 08111594 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

TUNSGATE HOMES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTORS:

G P Lodge

C P Lodge

REGISTERED OFFICE:

Station House

Station Approach

East Horsley

Surrey

KT24 6QX

REGISTERED NUMBER:

08111594 (England and Wales)

ACCOUNTANTS:

Russell & Co

Station House

Station Approach

East Horsley

Leatherhead

Surrey

KT24 6QX

FIXED ASSETS

Tangible assets

4

342,762

463,325

CURRENT ASSETS

Stocks

1,834,881

1,805,298

Debtors

5

4,086,925

4,207,177

Investments

6

840,000

840,000

Cash at bank and in hand

77,018

67,540

6,838,824

6,920,015

CREDITORS

Amounts falling due within one year

7

4,544,071

4,683,933

NET CURRENT ASSETS

2,294,753

2,236,082

TOTAL ASSETS LESS CURRENT LIABILITIES

2,637,515

2,699,407

CREDITORS

Amounts falling due after more than one year

8

14,167

24,167

NET ASSETS

2,623,348

2,675,240

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

2,623,198

2,675,090

SHAREHOLDERS' FUNDS

2,623,348

2,675,240

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 September 2025 and were signed on its behalf by:

G P Lodge - Director

1.	STATUTORY INFORMATION

Tunsgate Homes 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.

Tangible fixed assets

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

Equipment

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

Equipment

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

1,139,570

151,154

7,897

1,298,621

Additions

-

-

1,333

1,333

Disposals

(34,500

)

-

-

(34,500

)

At 31 December 2024

1,105,070

151,154

9,230

1,265,454

DEPRECIATION

At 1 January 2024

731,090

98,718

5,488

835,296

Charge for year

99,087

13,109

603

112,799

Eliminated on disposal

(25,403

)

-

-

(25,403

)

At 31 December 2024

804,774

111,827

6,091

922,692

NET BOOK VALUE

At 31 December 2024

300,296

39,327

3,139

342,762

At 31 December 2023

408,480

52,436

2,409

463,325

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

22,491

4,691

Amounts owed by associates

3,825,760

3,941,315

Other debtors

238,674

261,171

4,086,925

4,207,177

6.	CURRENT ASSET INVESTMENTS

2024

2023

£

£

Shares in group undertakings

840,000

840,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

582,235

706,408

Amounts owed to associates

2,391,044

1,551,228

Taxation and social security

168,620

169,293

Other creditors

1,402,172

2,257,004

4,544,071

4,683,933

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

14,167

24,167

9.	RELATED PARTY DISCLOSURES

The controlling party is Tunsgate Group Ltd.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Russell & Co

Station House

Station Approach

East Horsley

Leatherhead

Surrey

KT24 6QX

Date: .............................................