Company Registration No. 05627107 (England and Wales)
Tillett Holdings Limited
Unaudited accounts
for the period from 1 January 2018 to 31 October 2018
Tillett Holdings Limited
Statement of Financial Position
as at 31 October 2018
Fixed assets
1,828,162
1,863,034
Current assets
(8,028)
2,814
Creditors: amounts falling due within one year
(74,625)
(31,525)
Net current liabilities
(82,653)
(28,711)
Total assets less current liabilities
1,745,509
1,834,323
Creditors: amounts falling due after more than one year
(2,018,837)
(2,035,124)
Accruals and deferred income
(1,300)
(1,300)
Net liabilities
(274,628)
(202,101)
Capital and reserves
(274,628)
(202,101)
1 Guarantees and other financial commitments
The company has granted fixed and floating charges on its assets to secure the bank loan of £1,542,007 (2017 - £1,588,480).
The loan has been taken up on an interest only basis for the period of 2 years until March 2019.
Currently repayable at the rate £23,000 in the year until 31 October 2019 and the balance of £1,519,007 is due in years after.
The KCC loan is repayable at rate of £60,000 in the year ending 31 October 2019 and the balance of £150,000 is due in years after and including the year ending 31 October 2019.
2 Average number of employees
During the period the average number of employees was 0 (2017: 0).
Tillett Holdings Limited
Statement of Financial Position
as at 31 October 2018 (continued)
For the period ending 31 October 2018 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 20 March 2019
M L Tillett
Director
Company Registration No. 05627107
