TM PROPERTY SOLUTIONS LTD

TM PROPERTY SOLUTIONS LTD

TM PROPERTY SOLUTIONS LTD - Company Information

Print Friendly Version

1 August 2020 false No description of principal activity Taxfiler 2022.3 12094614business:PrivateLimitedCompanyLtd2020-08-012021-07-31 120946142020-07-31 120946142020-08-012021-07-31 12094614business:AuditExemptWithAccountantsReport2020-08-012021-07-31 12094614business:FullAccounts2020-08-012021-07-31 120946142021-07-31 12094614business:Director12020-08-012021-07-31 12094614business:RegisteredOffice2020-08-012021-07-31 120946142020-07-31 12094614core:WithinOneYear2021-07-31 12094614core:WithinOneYear2020-07-31 12094614core:AfterOneYear2021-07-31 12094614core:AfterOneYear2020-07-31 12094614core:ShareCapital2021-07-31 12094614core:ShareCapital2020-07-31 12094614core:RetainedEarningsAccumulatedLosses2021-07-31 12094614core:RetainedEarningsAccumulatedLosses2020-07-31 12094614business:SmallEntities2020-08-012021-07-31 12094614countries:EnglandWales2020-08-012021-07-31 12094614core:FurnitureFittings2020-08-012021-07-31 12094614core:FurnitureFittings2020-07-31 12094614core:FurnitureFittings2021-07-31 120946142019-07-102020-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12094614 (England and Wales)
TM PROPERTY SOLUTIONS LTD Unaudited accounts for the year ended 31 July 2021
TM PROPERTY SOLUTIONS LTD Unaudited accounts Contents
Page
- 2 -
TM PROPERTY SOLUTIONS LTD Company Information for the year ended 31 July 2021
Director
Thea Movelidze
Company Number
12094614 (England and Wales)
Registered Office
FLAT 25 WELBECK COURT ADDISON BRIDGE PLACE LONDON W14 8XW ENGLAND
Accountants
Genius Accountancy Ltd 27 Old Gloucester Street London WC1N 3AX
- 3 -
TM PROPERTY SOLUTIONS LTD Statement of financial position as at 31 July 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
409 
568 
Current assets
Debtors
5
- 
876 
Cash at bank and in hand
7 
2,730 
7 
3,606 
Creditors: amounts falling due within one year
6
(10,058)
- 
Net current (liabilities)/assets
(10,051)
3,606 
Total assets less current liabilities
(9,642)
4,174 
Creditors: amounts falling due after more than one year
7
(15,121)
(20,000)
Net liabilities
(24,763)
(15,826)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(24,764)
(15,827)
Shareholders' funds
(24,763)
(15,826)
For the year ending 31 July 2021 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 April 2022 and were signed on its behalf by
Thea Movelidze Director Company Registration No. 12094614
- 4 -
TM PROPERTY SOLUTIONS LTD Notes to the Accounts for the year ended 31 July 2021
1
Statutory information
TM PROPERTY SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 12094614. The registered office is FLAT 25 WELBECK COURT, ADDISON BRIDGE PLACE, LONDON, W14 8XW, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33%
Presentation currency
The accounts are presented in £ sterling.
Average number of employees
Average number of employees also includes director
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2020
848 
Additions
180 
At 31 July 2021
1,028 
Depreciation
At 1 August 2020
280 
Charge for the year
339 
At 31 July 2021
619 
Net book value
At 31 July 2021
409 
At 31 July 2020
568 
- 5 -
TM PROPERTY SOLUTIONS LTD Notes to the Accounts for the year ended 31 July 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
- 
876 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
4,504 
- 
Other creditors
95 
- 
Loans from directors
5,459 
- 
10,058 
- 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
15,121 
20,000 
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
- 6 -