REGISTERED NUMBER: 12283303 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Tyne Lets Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A McManus

REGISTERED OFFICE:

Clavering House

Clavering Place

Newcastle Upon Tyne

United Kingdom

NE1 3NG

REGISTERED NUMBER:

12283303 (England and Wales)

ACCOUNTANTS:

Essell Accountants Limited

29 Howard Street

North Shields

Tyne and Wear

NE30 1AR

FIXED ASSETS

Tangible assets

4

720,000

385,000

CURRENT ASSETS

Cash at bank and in hand

135

5,121

CREDITORS

Amounts falling due within one year

5

1,260

630

NET CURRENT (LIABILITIES)/ASSETS

(1,125

)

4,491

TOTAL ASSETS LESS CURRENT LIABILITIES

718,875

389,491

CREDITORS

Amounts falling due after more than one year

6

611,734

444,262

NET ASSETS/(LIABILITIES)

107,141

(54,771

)

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

196,219

-

Retained earnings

(89,178

)

(54,871

)

SHAREHOLDERS' FUNDS

107,141

(54,771

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 23 July 2026 and were signed by:

A McManus - Director

1.	STATUTORY INFORMATION

Tyne Lets 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 as modified by the revaluation of certain assets.

Tangible fixed assets

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST OR VALUATION

At 1 November 2024

385,000

Additions

138,781

Revaluations

196,219

At 31 October 2025

720,000

NET BOOK VALUE

At 31 October 2025

720,000

At 31 October 2024

385,000

Cost or valuation at 31 October 2025 is represented by:

Land and

buildings

£

Valuation in 2025

720,000

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/10/25

31/10/24

£

£

Other creditors

1,260

630

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/10/25

31/10/24

£

£

Bank loans

540,000

444,262

Other creditors

71,734

-

611,734

444,262

7.

RESERVES

Revaluation

reserve

£

Property revaluation

196,219

At 31 October 2025

196,219