04263708falsethat of building development.2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-03-31http://www.companieshouse.gov.uk/pt:PlantMachinery2025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:Director22024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:MotorCars2024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:MotorCars2025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 04263708

TOWNCOURT HOMES LIMITED

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

Prepared By:

Martin & Fahy Accountants LLP

7 Milbanke Court

Milbanke Way

Bracknell

Berkshire

RG12 1RP

TOWNCOURT HOMES LIMITED

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

DIRECTORS

Stewart Michael Cocks

Melanie Jane Cocks

REGISTERED OFFICE

7 Milbanke Court

Milbanke Way

Bracknell

Berkshire

RG12 1RP

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 04263708

ACCOUNTANTS

Martin & Fahy Accountants LLP

7 Milbanke Court

Milbanke Way

Bracknell

Berkshire

RG12 1RP

TOWNCOURT HOMES LIMITED

BALANCE SHEET AT 31/03/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		3				347,779				287,298
CURRENT ASSETS
Stock				-				194,960
Debtors		5		2,151,092				2,173,712
Cash at bank and in hand				28,767				67,216
				2,179,859				2,435,888
CREDITORS: Amounts falling due within one year		6		847,555				1,164,032
NET CURRENT ASSETS						1,332,304				1,271,856
TOTAL ASSETS LESS CURRENT LIABILITIES						1,680,083				1,559,154
CREDITORS: Amounts falling due after more than one year		7				89,308				41,219
PROVISIONS FOR LIABILITIES AND CHARGES		8				-				12,441
NET ASSETS						1,590,775				1,505,494
CAPITAL AND RESERVES
Called up share capital		9				100				100
Profit and loss account						1,590,675				1,505,394
SHAREHOLDERS' FUNDS						1,590,775				1,505,494
For the year ending 31/03/2025 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 01/12/2025 and signed on their behalf by
.............................
Stewart Michael Cocks
Director

TOWNCOURT HOMES LIMITED

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Properties		straight line 2%
Plant and Machinery		reducing balance 25%
Commercial Vehicles		reducing balance 25%

1c. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

2. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				2		2

TOWNCOURT HOMES LIMITED

3. TANGIBLE FIXED ASSETS
		Short Leasehold		Plant and		Commercial
		Properties		Machinery		Vehicles		Motor Cars		Total
		£		£		£		£		£
Cost
At 01/04/2024		312,384		98,682		56,281		-		467,347
Additions		-		5,529		-		73,619		79,148
At 31/03/2025		312,384		104,211		56,281		73,619		546,495
Depreciation
At 01/04/2024		74,760		80,667		24,622		-		180,049
For the year		6,248		4,504		7,915		-		18,667
At 31/03/2025		81,008		85,171		32,537		-		198,716
Net Book Amounts
At 31/03/2025		231,376		19,040		23,744		73,619		347,779
At 31/03/2024		237,624		18,015		31,659		-		287,298

4. STOCK				2025		2024
				£		£
Stock comprises:
Work in progress				-		194,960
				-		194,960

5. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				-		5,598
VAT				-		5,466
Other debtors				2,151,092		2,162,648
				2,151,092		2,173,712

TOWNCOURT HOMES LIMITED

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
UK corporation tax				4,301		7,817
VAT				769		-
PAYE control				3,307		5,659
Salaries and wages control				-		4,583
Directors current account				1,942		1,620
Bank Loan				221,253		246,805
Credit card				892		1,147
Hire purchase				17,280		7,281
Trade creditors				315,840		316,049
Pension schemes				289		299
Accruals				281,682		572,772
				847,555		1,164,032

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2025		2024
				£		£
Hire purchase >1yr				89,308		41,219
				89,308		41,219

8. PROVISIONS FOR LIABILITIES				2025		2024
				£		£
Deferred taxation				-		12,441
				-		12,441

9. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
100 Ordinary shares of £1 each				100		100
				100		100