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Company registration number:
10986198
Townrow Property Limited
Unaudited Filleted Financial Statements for the year ended
30 September 2025
Townrow Property Limited
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Townrow Property Limited
Year ended
30 September 2025
In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the
financial statements
of
Townrow Property Limited
for the year ended
30 September 2025
which comprise the income statement, statement of income and retained earnings, statement of financial position and related notes from the company’s accounting records and from information and explanations you have given me.
As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Townrow Property Limited
, as a body, in accordance with the terms of my engagement letter dated 1 November 2017. My work has been undertaken solely to prepare for your approval the
financial statements
of
Townrow Property Limited
and state those matters that I have agreed to state to the Board of Directors of
Townrow Property Limited
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than
Townrow Property Limited
and its Board of Directors, as a body, for my work or for this report.
It is your duty to ensure that
Townrow Property Limited
has kept adequate accounting records and to prepare statutory
financial statements
that give a true and fair view of the assets, liabilities, financial position and profit of
Townrow Property Limited
. You consider that
Townrow Property Limited
is exempt from the statutory audit requirement for the year.
I have not been instructed to carry out an audit or a review of the financial statements of Townrow Property Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.
Gordon & Co
Chartered Accountants and Business Advisors
25/27 Station Street
Cheslyn Hay
Walsall
West Midlands
WS9 8PT
United Kingdom
Date:
19 November 2025
Townrow Property Limited
Statement of Financial Position
30 September 2025
20252024
Note££
Fixed assets    
Investments 5 -  
121,365
 
Current assets    
Debtors 6
41,821
 
11,947
 
Creditors: amounts falling due within one year 7
(17,813
 )
(132,678
 )
Net current assets/(liabilities)
24,008
 
(120,731
 )
Total assets less current liabilities 24,008   634  
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
24,007
 
633
 
Shareholders funds
24,008
 
634
 
For the year ending
30 September 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
19 November 2025
, and are signed on behalf of the board by:
Nicholas Townrow
Director
Company registration number:
10986198
Townrow Property Limited
Notes to the Financial Statements
Year ended
30 September 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
348 Skip Lane
,
Walsall
,
West Midlands
,
WS5 3RA
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services supplied, net of discounts and Value Added Tax.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Investment properties

Investment property is measured initially at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in the profit and loss account.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2024: nil).

5 Investments

Other investments other than loans
£
Cost  
At
1 October 2024
121,365
 
Disposals
(121,365
 )
At
30 September 2025
 -  
Impairment  
At
1 October 2024
and
30 September 2025
 -  
Carrying amount  
At
30 September 2025
 -  
At 30 September 2024
121,365
 

6 Debtors

20252024
££
Trade debtors -  
7,520
 
Other debtors
41,821
 
4,427
 
41,821
 
11,947
 

7 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
12,545
 
776
 
Other creditors
5,268
 
131,902
 
17,813
 
132,678