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REGISTERED NUMBER: SC190375 (Scotland)













T.T. TESTING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2021






T.T. TESTING LIMITED (REGISTERED NUMBER: SC190375)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


T.T. TESTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH NOVEMBER 2021







DIRECTORS: T Toner
G Corrigan
T P Toner



REGISTERED OFFICE: Office 1
The Grange
Burngrange
West Calder
West Lothian
EH55 8ET



REGISTERED NUMBER: SC190375 (Scotland)



ACCOUNTANTS: George & Co (Scotland) Ltd
Chartered Tax Advisers and Accountants
13 Rutland Street
Edinburgh
EH1 2AE



BANKERS: Bank of Scotland
38 St Andrew Square
Edinburgh
EH2 2YR



SOLICITORS: Keegan Smith
Beveridge Square
Livingston
West Lothian
EH54 6QF

T.T. TESTING LIMITED (REGISTERED NUMBER: SC190375)

BALANCE SHEET
30TH NOVEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,312 1,716

CURRENT ASSETS
Stocks 25,721 30,314
Debtors 5 147,592 107,579
Cash at bank 88,721 95,734
262,034 233,627
CREDITORS
Amounts falling due within one year 6 223,387 205,028
NET CURRENT ASSETS 38,647 28,599
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,959

30,315

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Capital redemption reserve 1,000 1,000
Retained earnings 37,959 28,315
SHAREHOLDERS' FUNDS 39,959 30,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2021 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 23rd August 2022 and were signed on its behalf by:




T Toner - Director


T.T. TESTING LIMITED (REGISTERED NUMBER: SC190375)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH NOVEMBER 2021

1. STATUTORY INFORMATION

T.T. Testing Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance and 15% on reducing balance

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Work in progress is valued at selling price.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2020 - 15 ) .

T.T. TESTING LIMITED (REGISTERED NUMBER: SC190375)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH NOVEMBER 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st December 2020
and 30th November 2021 14,153
DEPRECIATION
At 1st December 2020 12,437
Charge for year 404
At 30th November 2021 12,841
NET BOOK VALUE
At 30th November 2021 1,312
At 30th November 2020 1,716

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 146,702 106,689
Other debtors 890 890
147,592 107,579

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 36,960 40,291
Tax 23,501 12,634
Social security and other taxes 6,123 7,266
VAT 41,332 30,110
Other creditors 12,598 22,590
Directors' loan accounts 99,473 88,837
Accrued expenses 3,400 3,300
223,387 205,028

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T Toner.