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REGISTERED NUMBER: 04207509 (England and Wales)






















TASCOL SHORE ENGINEERING LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2022






TASCOL SHORE ENGINEERING LIMITED (REGISTERED NUMBER: 04207509)

Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2022










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 4


TASCOL SHORE ENGINEERING LIMITED

Company Information
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: P Shore





REGISTERED OFFICE: C/o Keith Willis Associates
Gothic House
Barker Gate
Nottinghamshire
NG1 1JU





REGISTERED NUMBER: 04207509 (England and Wales)





ACCOUNTANTS: Keith Willis Associates Limited
Gothic House
Barker Gate
Nottingham
Nottinghamshire
NG1 1JU

TASCOL SHORE ENGINEERING LIMITED

Report of the Accountants to the Director of
Tascol Shore Engineering Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2022 set out on pages four to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Keith Willis Associates Limited
Gothic House
Barker Gate
Nottingham
Nottinghamshire
NG1 1JU


11 August 2022

TASCOL SHORE ENGINEERING LIMITED (REGISTERED NUMBER: 04207509)

Balance Sheet
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,545 33,385

CURRENT ASSETS
Stocks 5,700 3,800
Debtors 5 168,907 220,968
Cash at bank and in hand 57,572 65,617
232,179 290,385
CREDITORS
Amounts falling due within one year 6 179,433 193,118
NET CURRENT ASSETS 52,746 97,267
TOTAL ASSETS LESS CURRENT LIABILITIES 80,291 130,652

CREDITORS
Amounts falling due after more than one year 7 36,582 49,365
NET ASSETS 43,709 81,287

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 43,609 81,187
43,709 81,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 11 August 2022 and were signed by:





P Shore - Director


TASCOL SHORE ENGINEERING LIMITED (REGISTERED NUMBER: 04207509)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2022


1. STATUTORY INFORMATION

Tascol Shore Engineering 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 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 etc - 25% on cost and 20% on cost

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

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.

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 5 (2021 - 5 ) .

TASCOL SHORE ENGINEERING LIMITED (REGISTERED NUMBER: 04207509)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2022


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2021 28,328 4,930 20,920 54,178
Additions 3,159 - - 3,159
At 31 March 2022 31,487 4,930 20,920 57,337
DEPRECIATION
At 1 April 2021 13,127 1,183 6,483 20,793
Charge for year 3,950 237 4,812 8,999
At 31 March 2022 17,077 1,420 11,295 29,792
NET BOOK VALUE
At 31 March 2022 14,410 3,510 9,625 27,545
At 31 March 2021 15,201 3,747 14,437 33,385

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 154,249 208,137
Amounts owed by participating interests 14,658 12,558
Other debtors - 273
168,907 220,968

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 9,459 4,167
Hire purchase contracts - 3,532
Trade creditors 119,246 124,695
Taxation and social security 41,082 53,461
Other creditors 9,646 7,263
179,433 193,118

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans 36,582 45,833
Hire purchase contracts - 3,532
36,582 49,365

TASCOL SHORE ENGINEERING LIMITED (REGISTERED NUMBER: 04207509)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2022


8. RESERVES
Retained
earnings
£   

At 1 April 2021 81,187
Profit for the year 34,922
Dividends (72,500 )
At 31 March 2022 43,609