Company Registration No. 09257604 (England and Wales)
TOK DESIGN LTD
Unaudited accounts
for the year ended 30 November 2021
TOK DESIGN LTD
Statement of financial position
as at 30 November 2021
Tangible assets
29,532
35,749
Creditors: amounts falling due within one year
(52,550)
(26,052)
Net current assets
50,562
51,823
Total assets less current liabilities
80,094
87,572
Creditors: amounts falling due after more than one year
(74,080)
(82,348)
Called up share capital
100
100
Profit and loss account
5,914
5,124
Shareholders' funds
6,014
5,224
For the year ending 30 November 2021 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 29 August 2022 and were signed on its behalf by
Kaushik DHANJI
Director
Company Registration No. 09257604
TOK DESIGN LTD
Notes to the Accounts
for the year ended 30 November 2021
TOK DESIGN LTD is a private company, limited by shares, registered in England and Wales, registration number 09257604. The registered office is 1st Floor 85 Great Portland Street, London, W1W 7LT, United Kingdom.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
6 Years Straight Line
4
Tangible fixed assets
Motor vehicles
At 30 November 2021
37,303
At 30 November 2021
29,532
At 30 November 2020
35,749
5
Debtors: amounts falling due within one year
2021
2020
Accrued income and prepayments
34,098
49,000
Debtors: amounts falling due after more than one year
Other debtors
69,014
28,875
TOK DESIGN LTD
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
9,629
15,157
Taxes and social security
31,043
7,247
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
24,080
32,348
Allotted, called up and fully paid:
50 Ordinary shares - K Dhanji of £1 each
50
50
50 Ordinary shares - D Keaney of £1 each
50
50
9
Average number of employees
During the year the average number of employees was 2 (2020: 2).