Tamar Properties (Parkwood) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02828762 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

FOR

TAMAR PROPERTIES (PARKWOOD) LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

7

DIRECTORS:

Mrs M J Lewis

C A Lewis

REGISTERED OFFICE:

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

REGISTERED NUMBER:

02828762 (England and Wales)

ACCOUNTANTS:

Goldwyns Limited

Chartered Accountants

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

FIXED ASSETS

Tangible assets

4

37,218

42,501

Investments

5

67

37,285

42,568

CURRENT ASSETS

Debtors

6

1,319,146

1,426,303

Cash at bank

706,859

617,002

2,026,005

2,043,305

CREDITORS

Amounts falling due within one year

97,534

213,543

NET CURRENT ASSETS

1,928,471

1,829,762

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,965,756

1,872,330

CREDITORS

Amounts falling due after more than one
year

29,537

34,590

NET ASSETS

1,936,219

1,837,740

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

1,936,119

1,837,640

SHAREHOLDERS' FUNDS

1,936,219

1,837,740

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 5 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 16 December 2025 and were signed on its behalf by:

C A Lewis - Director

1.	STATUTORY INFORMATION

Tamar Properties (Parkwood) 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Investments

Investments are stated at the lower of cost or net realisable value, after provision of any permanent diminution in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 6 April 2024

and 5 April 2025

45,040

DEPRECIATION

At 6 April 2024

2,539

Charge for year

5,283

At 5 April 2025

7,822

NET BOOK VALUE

At 5 April 2025

37,218

At 5 April 2024

42,501

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 6 April 2024

and 5 April 2025

42,500

DEPRECIATION

Charge for year

5,283

At 5 April 2025

5,283

NET BOOK VALUE

At 5 April 2025

37,217

At 5 April 2024

42,500

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 6 April 2024

and 5 April 2025

67

NET BOOK VALUE

At 5 April 2025

67

At 5 April 2024

67

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Other debtors

1,139,035

1,255,803

7.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

34,592

39,502

Hire purchase liabilities are secured on the assets to which they relate.

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1

100

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to C A Lewis & Mrs M J Lewis directors subsisted during the years ended 5 April 2025 and 5 April 2024:

2025

2024

£

C A Lewis and Mrs M J Lewis

Balance outstanding at start of year

-

Amounts advanced

29,611

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

29,611

-

Interest is charged at a rate of 2.25% per annum.

10.	RELATED PARTY DISCLOSURES

In aggregate, at the balance sheet date the company was owed £826,942 by companies under common control (2024 - £773,710).

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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tamar Properties (Parkwood) Limited for the year ended 5 April 2025 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Tamar Properties (Parkwood) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tamar Properties (Parkwood) Limited and state those matters that we have agreed to state to the Board of Directors of Tamar Properties (Parkwood) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tamar Properties (Parkwood) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tamar Properties (Parkwood) 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 Tamar Properties (Parkwood) Limited. You consider that Tamar Properties (Parkwood) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tamar Properties (Parkwood) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Goldwyns Limited

Chartered Accountants

1 Nelson Mews

Southend on Sea

Essex

SS1 1AL

17 December 2025