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 2021

for

Tumi (Uk) Real Estate Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Tumi

REGISTERED OFFICE:

29 The Avenue

Harrow

Middlesex

HA3 7DB

REGISTERED NUMBER:

10484867 (England and Wales)

ACCOUNTANTS:

J C Associates

Chartered Certified Accountants

& Chartered Accountants

29 The Avenue

Harrow

Middlesex

HA3 7DB

FIXED ASSETS

Tangible assets

4

2,036

2,714

Investment property

5

5,740,000

5,740,000

5,742,036

5,742,714

CURRENT ASSETS

Debtors

6

2,003,433

1,258,300

Cash at bank

8,943

498,622

2,012,376

1,756,922

CREDITORS

Amounts falling due within one year

7

6,036,789

5,863,216

NET CURRENT LIABILITIES

(4,024,413

)

(4,106,294

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,717,623

1,636,420

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

1,717,523

1,636,320

SHAREHOLDERS' FUNDS

1,717,623

1,636,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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 4 June 2022 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.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 December 2020

and 30 November 2021

3,000

3,799

6,799

DEPRECIATION

At 1 December 2020

2,051

2,034

4,085

Charge for year

237

441

678

At 30 November 2021

2,288

2,475

4,763

NET BOOK VALUE

At 30 November 2021

712

1,324

2,036

At 30 November 2020

949

1,765

2,714

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2020

and 30 November 2021

5,740,000

NET BOOK VALUE

At 30 November 2021

5,740,000

At 30 November 2020

5,740,000

Director has confirmed that the property is acquired for short term investment, therefore the Director has chosen not to amortise the property.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Trade debtors

1,154

1,154

Other debtors

2,002,279

1,257,146

2,003,433

1,258,300

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.21

30.11.20

£

£

Trade creditors

5,309

-

Taxation and social security

93,503

132,298

Other creditors

5,937,977

5,730,918

6,036,789

5,863,216

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.21

30.11.20

value:

£

£

100

Ordinary

1

100

100