Tramsheds Property Management Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 06199085 (England and Wales)

Unaudited Financial Statements for the Year Ended 2 April 2022

for

Tramsheds Property Management Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R M Colton

Mrs K Colton

SECRETARY:

Mrs K Colton

REGISTERED OFFICE:

c/o 5 Westbrook Court

Sharrowvale Road

Sheffield

South Yorkshire

S11 8YZ

REGISTERED NUMBER:

06199085 (England and Wales)

ACCOUNTANTS:

Sutton McGrath Hartley Limited

5 Westbrook Court

Sharrowvale Road

Sheffield

S11 8YZ

CURRENT ASSETS

Cash at bank

8,451

3,268

CREDITORS

Amounts falling due within one year

4

8,500

3,301

NET CURRENT LIABILITIES

(49

)

(33

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(49

)

(33

)

RESERVES

Income and expenditure account

(49

)

(33

)

(49

)

(33

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 2 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 2 April 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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 Board of Directors and authorised for issue on 7 November 2022 and were signed on its behalf by:

Mr R M Colton - Director

1.	STATUTORY INFORMATION

Tramsheds Property Management Limited is a private company, limited by guarantee , 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.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade creditors

3,348

-

Amounts owed to group undertakings

1,228

2,401

Other creditors

3,924

900

8,500

3,301

5.	RELATED PARTY DISCLOSURES

The company was subject to transactions with Colton Developments Limited, a company under the common control of the directors, during the year.

Management charges to Colton Developments Limited were £3,294 (2021: £9,674).

Maintenance charges received from Colton Developments Limited were £9,500 (2020: £9,500).

At the year end date the balance owed to Colton Developments Limited was £1,229 (2020: £2,402).

6.	LIMITED BY GUARANTEE

The company is limited by guarantee and has no share capital.