Tower Properties (Scarborough) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 11418021 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2026

for

Tower Properties (Scarborough) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M Hunter

Mrs C Hunter

REGISTERED OFFICE:

4 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

REGISTERED NUMBER:

11418021 (England and Wales)

ACCOUNTANTS:

Flinton Lee

Chartered Accountants

Belgrave House

15 Belgrave Crescent

Scarborough

North Yorkshire

YO11 1UB

FIXED ASSETS

Tangible assets

4

2,121,284

Investments

5

100

2,121,384

CURRENT ASSETS

Debtors

6

216,708

270,665

Cash at bank

29,110

9,391

245,818

280,056

CREDITORS

Amounts falling due within one year

7

96,637

184,694

NET CURRENT ASSETS

149,181

95,362

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,270,565

2,216,746

CREDITORS

Amounts falling due after more than one
year

8

1,870,429

1,837,772

NET ASSETS

400,136

378,974

CAPITAL AND RESERVES

Called up share capital

198

Share premium

206,420

Retained earnings

193,518

172,356

SHAREHOLDERS' FUNDS

400,136

378,974

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2026 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.

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 22 June 2026 and were signed on its behalf by:

Mr M Hunter - Director

Mrs C Hunter - Director

1.	STATUTORY INFORMATION

Tower Properties (Scarborough) 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 6 April 2025

and 5 April 2026

2,121,284

NET BOOK VALUE

At 5 April 2026

2,121,284

At 5 April 2025

2,121,284

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 6 April 2025

and 5 April 2026

100

NET BOOK VALUE

At 5 April 2026

100

At 5 April 2025

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.26

5.4.25

£

Other debtors

216,708

270,665

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.26

5.4.25

£

Trade creditors

2,476

2,477

Taxation and social security

7,381

6,779

Other creditors

86,780

175,438

96,637

184,694

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

5.4.26

5.4.25

£

Bank loans

1,870,329

1,837,672

Amounts owed to group undertakings

100

1,870,429

1,837,772

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,870,329

1,837,672