Tudorshield Limited

Tudorshield Limited

TUDORSHIELD LIMITED - Company Information

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Company Registration No. 01686640 (England and Wales)
Tudorshield Limited Unaudited accounts for the year ended 31 March 2023
Tudorshield Limited Unaudited accounts Contents
Page
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Tudorshield Limited Company Information for the year ended 31 March 2023
Directors
Stephen Cryer Jane Mary Cryer
Secretary
Mrs J Cryer
Company Number
01686640 (England and Wales)
Registered Office
21 Brimstage Road Heswall Merseyside CH60 1XA UK
Accountants
Oakes Accounting Ltd 37 Meadowcroft Heswall Wirral CH60 1UT
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Tudorshield Limited Accountants' report
Accountants' report to the board of directors of Tudorshield Limited (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Oakes Accounting Ltd 37 Meadowcroft Heswall Wirral CH60 1UT 18 September 2023
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Tudorshield Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
22,567 
22,567 
Investments
5
100,000 
- 
122,567 
22,567 
Current assets
Debtors
6
(828)
205 
Cash at bank and in hand
7,249 
217 
6,421 
422 
Creditors: amounts falling due within one year
7
(454)
(17,454)
Net current assets/(liabilities)
5,967 
(17,032)
Total assets less current liabilities
128,534 
5,535 
Creditors: amounts falling due after more than one year
8
(140,000)
- 
Net (liabilities)/assets
(11,466)
5,535 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
(11,666)
5,335 
Shareholders' funds
(11,466)
5,535 
For the year ending 31 March 2023 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 18 September 2023 and were signed on its behalf by
Stephen Cryer Director Company Registration No. 01686640
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Tudorshield Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Tudorshield Limited is a private company, limited by shares, registered in England and Wales, registration number 01686640. The registered office is 21, Brimstage Road, Heswall, Merseyside, CH60 1XA, UK.
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.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets
Depreciation is not provided for on the grounds the property is held for investment purposes.
Turnover
Turnover represents gross rental income, exempt from VAT, recognised as it is accrued.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
Going concern
The company is able to meet its day to day working capital requirements through the support of the directors and the company's creditors. Therefore the directors consider it appropriate to prepare financial statements on the going concern basis.
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Tudorshield Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 April 2022
22,567 
At 31 March 2023
22,567 
Depreciation
At 31 March 2023
- 
Net book value
At 31 March 2023
22,567 
At 31 March 2022
22,567 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2022
- 
Additions
100,000 
Valuation at 31 March 2023
100,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
(1,672)
(639)
Accrued income and prepayments
844 
844 
(828)
205 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
450 
450 
Taxes and social security
4 
4 
Loans from directors
- 
17,000 
454 
17,454 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
140,000 
- 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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