Company Registration No. 09523204 (England and Wales)
Tesh S Ltd
Unaudited accounts
for the year ended 31 March 2018
Tesh S Ltd
Unaudited accounts
Contents
Tesh S Ltd
Company Information
for the year ended 31 March 2018
Company Number
09523204 (England and Wales)
Registered Office
30 CASTLEWOOD ROAD
LONDON
N16 6DW
ENGLAND
Tesh S Ltd
Statement of financial position
as at 31 March 2018
Investment property
830,000
830,000
Cash at bank and in hand
27,862
10,552
Creditors: amounts falling due within one year
(364,166)
(498,975)
Net current liabilities
(248,570)
(486,773)
Total assets less current liabilities
581,430
343,227
Creditors: amounts falling due after more than one year
(344,250)
(112,500)
Provisions for liabilities
Deferred tax
(30,257)
(34,276)
Net assets
206,923
196,451
Called up share capital
2
2
Profit and loss account
206,921
196,449
Shareholders' funds
206,923
196,451
For the year ending 31 March 2018 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 his 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.
Approved by the Board on 17 December 2018.
Moshe Tescher
Director
Company Registration No. 09523204
Tesh S Ltd
Notes to the Accounts
for the year ended 31 March 2018
Tesh S Ltd is a private company, limited by shares, registered in England and Wales, registration number 09523204. The registered office is 30 CASTLEWOOD ROAD, LONDON, N16 6DW, 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.
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.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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.
Fair value at 1 April 2017
830,000
Tesh S Ltd
Notes to the Accounts
for the year ended 31 March 2018
Amounts due from group undertakings etc.
81,084
-
6
Creditors: amounts falling due within one year
2018
2017
Bank loans and overdrafts
-
135,000
Trade creditors
4,271
4,271
Taxes and social security
1,513
1,381
Other creditors
357,842
357,843
7
Creditors: amounts falling due after more than one year
2018
2017
Bank loans
344,250
112,500
8
Deferred taxation
2018
2017
Revaluation of investment property
30,257
34,276
Provision at start of year
34,276
-
(Credited)/charged to the profit and loss account
(4,019)
34,276
Provision at end of year
30,257
34,276
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
10
Transactions with related parties
Debtors amounts due from group undertakings is an amount owed by M & T Estate Ltd a company in which Tesh S Ltd has a 50% shareholding.
11
Average number of employees
During the year the average number of employees was 0 (2017: 0).
