Tentcora Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04390620 (England and Wales)

Financial Statements

for the Year Ended 31 March 2020

for

Tentcora Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs S Calabria

SECRETARY:

C Calabria

REGISTERED OFFICE:

51 Breedon Avenue

Littleover

Derby

DE24 7LR

REGISTERED NUMBER:

04390620 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

FIXED ASSETS

Tangible assets

4

3,255

3,830

Investment property

5

480,000

480,000

483,255

483,830

CURRENT ASSETS

Debtors

6

1,083

2,622

Cash at bank

15,133

2,949

16,216

5,571

CREDITORS

Amounts falling due within one year

7

139,699

137,301

NET CURRENT LIABILITIES

(123,483

)

(131,730

)

TOTAL ASSETS LESS CURRENT LIABILITIES

359,772

352,100

CREDITORS

Amounts falling due after more than one year

8

186,002

180,926

NET ASSETS

173,770

171,174

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Fair value reserve

76,524

76,524

Retained earnings

96,246

93,650

SHAREHOLDERS' FUNDS

173,770

171,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 February 2021 and were signed by:

Mrs S Calabria - Director

1.	STATUTORY INFORMATION

Tentcora 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.

Turnover

Turnover represents rents receivable during the year.

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

-

15% on reducing balance

Investment property

Investment property is not depreciated but is revalued annually at its fair value in accordance with Section 1A "Small Entities' of Financial Reporting Standard 102. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account and transferred to a fair value reserve.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 April 2019

and 31 March 2020

22,415

DEPRECIATION

At 1 April 2019

18,585

Charge for year

575

At 31 March 2020

19,160

NET BOOK VALUE

At 31 March 2020

3,255

At 31 March 2019

3,830

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2019

and 31 March 2020

480,000

NET BOOK VALUE

At 31 March 2020

480,000

At 31 March 2019

480,000

Fair value at 31 March 2020 is represented by:

£

Valuation in 2020

480,000

If investment properties had not been revalued they would have been included at the following historical cost:

2020

2019

£

£

Cost

403,476

403,476

Aggregate depreciation

(155,109

)

(145,102

)

Investment properties were valued on fair value basis on 31 March 2020 by the director .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

1,083

2,622

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Other loans

13,899

10,593

Trade creditors

929

1,107

Tax

744

3,454

Other creditors

10,751

9,877

Director's current account

104,463

105,979

Accrued expenses

8,913

6,291

139,699

137,301

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Bank loan over 5 years

130,395

130,395

Other loans 1 - 2 years

55,607

45,118

Other loans over 5 years

-

5,413

186,002

180,926

Amounts falling due in more than five years:

Repayable by instalments

Bank loan over 5 years

130,395

130,395

Other loans over 5 years

-

5,413

130,395

135,808

9.	SECURED DEBTS

The following secured debts are included within creditors:

2020

2019

£

£

Bank loans

130,395

130,395

Other loans

69,506

61,124

199,901

191,519