REGISTERED NUMBER: 11546098 (England and Wales)

Unaudited Financial Statements

for the Period 1 November 2023 to 30 April 2025

for

Tate Estates (Lambert House) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Tate

REGISTERED OFFICE:

12A Montpellier Parade

Harrogate

HG1 2TJ

REGISTERED NUMBER:

11546098 (England and Wales)

ACCOUNTANTS:

Stringer Mallard Business Services Ltd

12a Montpellier Parade

Harrogate

North Yorkshire

HG1 2TJ

CURRENT ASSETS

Stocks

1,855,608

4,531,031

Debtors

4

-

1,274

Cash at bank

190

2,064

1,855,798

4,534,369

CREDITORS

Amounts falling due within one year

5

1,084,472

2,352,525

NET CURRENT ASSETS

771,326

2,181,844

TOTAL ASSETS LESS CURRENT LIABILITIES

771,326

2,181,844

CREDITORS

Amounts falling due after more than one year

6

920,787

2,246,164

NET LIABILITIES

(149,461

)

(64,320

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(149,462

)

(64,321

)

(149,461

)

(64,320

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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 6 July 2026 and were signed by:

S Tate - Director

1.	STATUTORY INFORMATION

Tate Estates (Lambert House) 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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Provisions

Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation transferred to settle the obligation and the amount of the obligation can be estimated reliably.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Amounts owed by group undertakings

-

932

Other debtors

-

342

-

1,274

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Bank loans and overdrafts

598,906

2,174,181

Trade creditors

3,116

46

Amounts owed to group undertakings

225,265

167,475

Taxation and social security

168

-

Other creditors

257,017

10,823

1,084,472

2,352,525

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2023

£

£

Amounts owed to group undertakings

920,787

2,246,164

7.	RELATED PARTY DISCLOSURES

Loans received from / to group companies are shown in the debtors creditors notes.

No interest charges have been made on these loans

Harmil LLP

A loan of £2,000 was received during the year from Harmil LLP (an LLP of which S Tate and L C Tate are members). As at 30 April 2025 Harmil LLP was owed £14,010 (2023 - £10,000) - this is shown in other creditors.

8.	ULTIMATE CONTROLLING PARTY

Tate Estates Limited holds 100% of the shares of Tate Estates (Lambert House) Limited. Tate Estates Limited is 100% owned by Tate Group Limited, which is the largest and smallest group for which group accounts are prepared. Accounts can be obtained from Osborne House, 20 Victoria Avenue, Harrogate, North Yorkshire, England, HG1 5QY.