Company Registration No. 07455315 (England and Wales)
Townbridge Estate Agents Limited
Unaudited accounts
for the year ended 30 November 2024
Townbridge Estate Agents Limited
Unaudited accounts
Contents
Townbridge Estate Agents Limited
Company Information
for the year ended 30 November 2024
Directors
Carl Sharrock
Ian Sharrock
Mark Sharrock
Company Number
07455315 (England and Wales)
Registered Office
1 St. Michaels Way
Middlewich
Cheshire
CW10 9DX
England
Accountants
Batesons Management Services Ltd
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
Townbridge Estate Agents Limited
Statement of financial position
as at 30 November 2024
Tangible assets
36,063
23,804
Cash at bank and in hand
154,774
191,299
Creditors: amounts falling due within one year
(63,095)
(78,298)
Net current assets
94,238
120,373
Total assets less current liabilities
130,301
144,177
Creditors: amounts falling due after more than one year
(13,333)
(23,333)
Provisions for liabilities
Deferred tax
(8,518)
(4,523)
Net assets
108,450
116,321
Called up share capital
600
600
Profit and loss account
107,850
115,721
Shareholders' funds
108,450
116,321
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 21 October 2025 and were signed on its behalf by
Carl Sharrock
Director
Company Registration No. 07455315
Townbridge Estate Agents Limited
Notes to the Accounts
for the year ended 30 November 2024
Townbridge Estate Agents Limited is a private company, limited by shares, registered in England and Wales, registration number 07455315. The registered office is 1 St. Michaels Way, Middlewich, Cheshire, CW10 9DX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance basis
Fixtures & fittings
15% reducing balance
Other tangible fixed assets
10% straight line basis
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
Townbridge Estate Agents Limited
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
4,159
57,134
-
61,293
Additions
-
12,363
4,750
17,113
At 30 November 2024
4,159
69,497
4,750
78,406
At 1 December 2023
1,248
36,241
-
37,489
Charge for the year
416
4,379
59
4,854
At 30 November 2024
1,664
40,620
59
42,343
At 30 November 2024
2,495
28,877
4,691
36,063
At 30 November 2023
2,911
20,893
-
23,804
Amounts falling due within one year
Accrued income and prepayments
603
659
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
33,481
56,622
Loans from directors
341
219
7
Creditors: amounts falling due after more than one year
2024
2023
Townbridge Estate Agents Limited
Notes to the Accounts
for the year ended 30 November 2024
8
Deferred taxation
2024
2023
Accelerated capital allowances
8,518
4,523
Provision at start of year
4,523
4,470
Charged to the profit and loss account
3,995
53
Provision at end of year
8,518
4,523
Allotted, called up and fully paid:
600 Ordinary shares of £1 each
600
600
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).