Treville Properties Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 05546647

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		27,098		31,858

			27,098		31,858
CURRENT ASSETS
Stocks	5	13,225,000		11,731,600
Debtors	6	115,406		123,439
Cash at bank and in hand		29,370		80,734

		13,369,776		11,935,773
Creditors: Amounts Falling Due Within One Year	7	(16,828,669 )		(14,412,904 )

NET CURRENT ASSETS (LIABILITIES)			(3,458,893 )		(2,477,131 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(3,431,795 )		(2,445,273 )

Creditors: Amounts Falling Due After More Than One Year	8		(3,043,259 )		(2,369,631 )

NET LIABILITIES			(6,475,054 )		(4,814,904 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Other reserves			(5,185,317 )		(5,185,317 )
Profit and Loss Account			(1,289,837 )		370,313

SHAREHOLDERS' FUNDS			(6,475,054)		(4,814,904)

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Treville Properties Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Thomas Cullen

Director

29/11/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Treville Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05546647 . The registered office is La Grange, Chipshop, Tavistock, Devon, PL19 8NT.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% Reducing Balance
Motor Vehicles	25% Straight Line
Computer Equipment	25% Straight Line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 8)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 29 February 2024	150,960	75,137	3,702	229,799

As at 28 February 2025	150,960	75,137	3,702	229,799

Depreciation
As at 29 February 2024	122,568	72,009	3,364	197,941
Provided during the period	4,760	-	-	4,760

As at 28 February 2025	127,328	72,009	3,364	202,701

...CONTINUED

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Treville Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

Net Book Value
As at 28 February 2025	23,632	3,128	338	27,098

As at 29 February 2024	28,392	3,128	338	31,858

5. Stocks

	2025	2024
	£	£
Work in progress	13,225,000	11,731,600

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	115,406	123,439

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	242,197	39,539
Bank loans and overdrafts	10,209,266	10,209,266
Other loans	2,230,848	-
Other creditors	4,146,358	4,164,099

	16,828,669	14,412,904

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	2,367,720	2,369,631
Other loans	624,950	-
Other creditors	50,589	-

	3,043,259	2,369,631

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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