Tenmark Limited - Accounts to registrar (filleted) - small 18.2

Tenmark Limited - Accounts to registrar (filleted) - small 18.2

TENMARK LTD - Company Information

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REGISTERED NUMBER: 04881344 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2017

for

Tenmark Limited
Tenmark Limited (Registered number: 04881344)

Contents of the Financial Statements
for the Year Ended 31 December 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Tenmark Limited

Company Information
for the Year Ended 31 December 2017







DIRECTOR: M Adler





REGISTERED OFFICE: 23a Lampard Grove
London
N16 6XA





REGISTERED NUMBER: 04881344 (England and Wales)





ACCOUNTANTS: Martin+Heller
Chartered Accountants
5 North End Road
London
NW11 7RJ
Page 1
Tenmark Limited (Registered number: 04881344)

Balance Sheet
31 December 2017

31.12.17 31.12.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 608 810
Investment property 4 710,385 710,385
710,993 711,195

CURRENT ASSETS
Debtors 5 32,600 18,000
Cash at bank 11,086 19,150
43,686 37,150
CREDITORS
Amounts falling due within one year 6 620,622 637,837
NET CURRENT LIABILITIES (576,936 ) (600,687 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
134,057
110,508

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 133,957 110,408
SHAREHOLDERS' FUNDS 134,057 110,508

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 14 December 2018 and were signed by:





M Adler - Director


The notes form part of these financial statements

Page 2
Tenmark Limited (Registered number: 04881344)

Notes to the Financial Statements
for the Year Ended 31 December 2017


1. STATUTORY INFORMATION

Tenmark Limited 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents rent receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is
recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred 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 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in
which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted
or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2017
and 31 December 2017 5,247
DEPRECIATION
At 1 January 2017 4,437
Charge for year 202
At 31 December 2017 4,639
NET BOOK VALUE
At 31 December 2017 608
At 31 December 2016 810

Page 3 continued...
Tenmark Limited (Registered number: 04881344)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2017


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2017
and 31 December 2017 710,385
NET BOOK VALUE
At 31 December 2017 710,385
At 31 December 2016 710,385

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Amounts owed by associates 27,600 18,000
Other debtors 5,000 -
32,600 18,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.17 31.12.16
£    £   
Bank loans and overdrafts 432,724 453,401
Trade creditors 1,951 1,950
Amounts owed to associates 99,504 99,504
Tax 11,753 7,932
Shareholders loans 69,500 69,500
Rental deposits 150 150
Other loans 2,400 2,400
Accrued expenses 2,640 3,000
620,622 637,837

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.12.17 31.12.16
value: £    £   
100 Ordinary 1 100 100

8. RESERVES
Retained
earnings
£   

At 1 January 2017 110,408
Profit for the year 23,549
At 31 December 2017 133,957

Page 4