TMML Developments Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 14159986 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 8 JUNE 2022 TO 30 JUNE 2023

FOR

TMML DEVELOPMENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr W P Mead

Mr L S Mead

Mr A J Oliver

Mr C R Patel

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

14159986 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Investments

4

3,510,378

CURRENT ASSETS

Debtors

5

1,784,466

Cash at bank and in hand

5,996

1,790,462

CREDITORS

Amounts falling due within one year

6

1,500,360

NET CURRENT ASSETS

290,102

TOTAL ASSETS LESS CURRENT LIABILITIES

3,800,480

CREDITORS

Amounts falling due after more than one year

7

3,801,266

NET LIABILITIES

(786

)

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

(886

)

SHAREHOLDERS' FUNDS

(786

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2023 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 March 2024 and were signed on its behalf by:

Mr C R Patel - Director

1.	STATUTORY INFORMATION

TMML Developments Ltd 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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

3,510,378

At 30 June 2023

3,510,378

NET BOOK VALUE

At 30 June 2023

3,510,378

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

1,784,366

Amounts due from related party

100

1,784,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts due to related party

1,500,000

Accrued expenses

360

1,500,360

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans (see note 8)

3,801,266

8.

LOANS

An analysis of the maturity of loans is given below:

£

Amounts falling due between one and two years:

Bank loans - 1-2 years

3,801,266

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary shares

1

100