Company Registration No. 06422110 (England and Wales)
Towerview Trustees Limited
Unaudited accounts
for the year ended 31 December 2022
Towerview Trustees Limited
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
42,607
36,248
Creditors: amounts falling due within one year
(63,379)
(54,820)
Net current liabilities
(20,772)
(18,572)
Net liabilities
(20,772)
(18,572)
Called up share capital
100
100
Profit and loss account
(20,872)
(18,672)
Shareholders' funds
(20,772)
(18,572)
For the year ending 31 December 2022 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 directors acknowledge their 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 of Directors and authorised for issue on 21 September 2023 and were signed on its behalf by
Desmond Stephens
Director
Company Registration No. 06422110
Towerview Trustees Limited
Notes to the Accounts
for the year ended 31 December 2022
Towerview Trustees Limited is a private company, limited by shares, registered in England and Wales, registration number 06422110. The registered office is 14 Holywell Row, London, EC2A 4JB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The directors believe that the company Towerview Trustees Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of rental services is recognised in accordance with the stage of completion of the contract when: the amount of revenue can be measured reliably; it is probable that the Company will receive the consideration due under the contract; and the costs incurred and the costs to complete the contract can be measured reliably.
4
Creditors: amounts falling due within one year
2022
2021
Loans from directors
62,479
53,696
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).