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Company Registration No. 12293525 (England and Wales)
Turls Property Group Ltd Unaudited accounts for the year ended 30 November 2025
Turls Property Group Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Turls Property Group Ltd Company Information for the year ended 30 November 2025
Directors
Adam Johnson Graham McCafferty
Company Number
12293525 (England and Wales)
Registered Office
1 STONE MILL WAY MEANWOOD LEEDS LS6 4RG UNITED KINGDOM
Accountants
The Tax Studio The Oast House 14 Chantry Park Sarre Kent CT7 0LG
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Turls Property Group Ltd Statement of financial position as at 30 November 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
640,000
640,000
Current assets
Debtors
5
528
420
Cash at bank and in hand
6,900
107
7,428
527
Creditors: amounts falling due within one year
6
(2,388)
(1,505)
Net current assets/(liabilities)
5,040
(978)
Total assets less current liabilities
645,040
639,022
Creditors: amounts falling due after more than one year
7
(544,138)
(540,201)
Provisions for liabilities
Deferred tax
(27,408)
(27,408)
Net assets
73,494
71,413
Capital and reserves
Called up share capital
2
2
Profit and loss account
73,492
71,411
Shareholders' funds
73,494
71,413
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by
Graham McCafferty Director Company Registration No. 12293525
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Turls Property Group Ltd Notes to the Accounts for the year ended 30 November 2025
1
Statutory information
Turls Property Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 12293525. The registered office is 1 STONE MILL WAY, MEANWOOD, LEEDS, LS6 4RG, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2025
£
Fair value at 1 December 2024
640,000
At 30 November 2025
640,000
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
111
-
Accrued income and prepayments
417
420
528
420
6
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings and other participating interests
551
339
Accruals
813
730
Deferred income
1,024
436
2,388
1,505
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Turls Property Group Ltd Notes to the Accounts for the year ended 30 November 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
416,120
375,776
Loans from directors
128,018
164,425
544,138
540,201
8
Transactions with related parties
The Directors advanced £128,018 (2024:£164,425) to the company, these loans are interest free and repayable on demand. Included within creditors is a loan of £551 from a company under the control of one of the directors. The loan is interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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