REGISTERED NUMBER: 12625620 (England and Wales)

Unaudited Financial Statements

For The Period 1 April 2024 to 23 March 2025

for

The Tottenham Project Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N J Hartwright

REGISTERED OFFICE:

c/o The Factory Project Ltd

4 Thameside Ind Est

Factory Road

London

E16 2HB

REGISTERED NUMBER:

12625620 (England and Wales)

ACCOUNTANTS:

Fuller Spurling

Mill House

58 Guildford Street

Chertsey

Surrey

KT16 9BE

FIXED ASSETS

Intangible assets

4

15,000

20,000

Tangible assets

5

3,035

3,200

18,035

23,200

CURRENT ASSETS

Debtors

6

338,593

295,603

Cash at bank

2,276

25,642

340,869

321,245

CREDITORS

Amounts falling due within one year

7

408,983

323,568

NET CURRENT LIABILITIES

(68,114

)

(2,323

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(50,079

)

20,877

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(50,080

)

20,876

SHAREHOLDERS' FUNDS

(50,079

)

20,877

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 23 March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 23 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 June 2026 and were signed by:

N J Hartwright - Director

1.	STATUTORY INFORMATION

The Tottenham Project Ltd 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.

The financial statements are prepared under the going concern basis, relying on the continued support of the company's directors and trade creditors.

Turnover

Turnover represents serviced office sales and other income due for the accounting period and is measured at the fair value of the consideration received or receivable. Amounts received in advance for future periods are carried forward as deferred income.

Goodwill

Goodwill is the amount paid on acquisition of the business during the year and is being amortised over 8 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Taxation

Taxation represents the sum of tax currently payable.

The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand

Cash at bank includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

Creditors

Creditors, provisions and accrued costs are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 23 March 2025

40,000

AMORTISATION

At 1 April 2024

20,000

Amortisation for period

5,000

At 23 March 2025

25,000

NET BOOK VALUE

At 23 March 2025

15,000

At 31 March 2024

20,000

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 April 2024

-

8,000

8,000

Additions

1,794

-

1,794

At 23 March 2025

1,794

8,000

9,794

DEPRECIATION

At 1 April 2024

-

4,800

4,800

Charge for period

359

1,600

1,959

At 23 March 2025

359

6,400

6,759

NET BOOK VALUE

At 23 March 2025

1,435

1,600

3,035

At 31 March 2024

-

3,200

3,200

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

23.3.25

31.3.24

£

£

Trade debtors

5,659

1,925

Other debtors

286,437

287,823

Directors' current accounts

9,458

-

Tax

-

2,331

VAT

559

-

Prepayments

36,480

3,524

338,593

295,603

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

23.3.25

31.3.24

£

£

Trade creditors

160,396

83,420

Corporation tax

15,962

15,361

VAT

-

6,700

Other creditors

211,811

163,804

Directors' current accounts

-

258

Accruals and deferred income

20,814

54,025

408,983

323,568

8.	OTHER FINANCIAL COMMITMENTS

At 23 March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £1,296,944 (2024 - £NIL).

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 23 March 2025 and the year ended 31 March 2024:

23.3.25

31.3.24

£

£

N J Hartwright

Balance outstanding at start of period

(258

)

(1,483

)

Amounts advanced

9,716

30,212

Amounts repaid

-

(28,987

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

9,458

(258

)