Tumi (Uk) Real Estate Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10484867 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2019

for

Tumi (Uk) Real Estate Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Tumi

REGISTERED OFFICE:

27 Dawpool Road

London

NW2 7LD

REGISTERED NUMBER:

10484867 (England and Wales)

ACCOUNTANTS:

J C Associates

Chartered Certified Accountants

& Chartered Accountants

27 Dawpool Road

London

NW2 7LD

FIXED ASSETS

Tangible assets

3

2,319

3,093

Investment property

4

5,740,000

4,840,000

5,742,319

4,843,093

CURRENT ASSETS

Debtors

5

1,257,146

1,375,131

Cash at bank

576,719

971,265

1,833,865

2,346,396

CREDITORS

Amounts falling due within one year

6

6,306,184

6,381,792

NET CURRENT LIABILITIES

(4,472,319

)

(4,035,396

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,270,000

807,697

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

1,269,900

807,597

SHAREHOLDERS' FUNDS

1,270,000

807,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2019 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 on 11 April 2020 and were signed by:

A Tumi - Director

1.	STATUTORY INFORMATION

Tumi (Uk) Real Estate 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 December 2018

and 30 November 2019

3,000

2,500

5,500

DEPRECIATION

At 1 December 2018

1,313

1,094

2,407

Charge for year

422

352

774

At 30 November 2019

1,735

1,446

3,181

NET BOOK VALUE

At 30 November 2019

1,265

1,054

2,319

At 30 November 2018

1,687

1,406

3,093

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2018

4,840,000

Additions

900,000

At 30 November 2019

5,740,000

NET BOOK VALUE

At 30 November 2019

5,740,000

At 30 November 2018

4,840,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Trade debtors

-

117,985

Other debtors

1,257,146

1,257,146

1,257,146

1,375,131

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.19

30.11.18

£

£

Trade creditors

-

6,042

Taxation and social security

199,540

227,430

Other creditors

6,106,644

6,148,320

6,306,184

6,381,792

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.19

30.11.18

value:

£

£

100

Ordinary

1

100

100