Caseware UK (AP4) 2022.0.179 2022.0.179 2023-01-312023-01-31112022-02-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 08862604 2022-02-01 2023-01-31 08862604 2021-02-01 2022-01-31 08862604 2023-01-31 08862604 2022-01-31 08862604 c:Director1 2022-02-01 2023-01-31 08862604 c:Director2 2022-02-01 2023-01-31 08862604 c:Director3 2022-02-01 2023-01-31 08862604 d:PlantMachinery 2022-02-01 2023-01-31 08862604 d:PlantMachinery 2023-01-31 08862604 d:PlantMachinery 2022-01-31 08862604 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 08862604 d:FurnitureFittings 2022-02-01 2023-01-31 08862604 d:FurnitureFittings 2023-01-31 08862604 d:FurnitureFittings 2022-01-31 08862604 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 08862604 d:ComputerEquipment 2022-02-01 2023-01-31 08862604 d:ComputerEquipment 2023-01-31 08862604 d:ComputerEquipment 2022-01-31 08862604 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 08862604 d:OwnedOrFreeholdAssets 2022-02-01 2023-01-31 08862604 d:CurrentFinancialInstruments 2023-01-31 08862604 d:CurrentFinancialInstruments 2022-01-31 08862604 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 08862604 d:CurrentFinancialInstruments d:WithinOneYear 2022-01-31 08862604 d:ShareCapital 2023-01-31 08862604 d:ShareCapital 2022-01-31 08862604 d:RetainedEarningsAccumulatedLosses 2023-01-31 08862604 d:RetainedEarningsAccumulatedLosses 2022-01-31 08862604 c:OrdinaryShareClass1 2022-02-01 2023-01-31 08862604 c:OrdinaryShareClass1 2023-01-31 08862604 c:OrdinaryShareClass1 2022-01-31 08862604 c:FRS102 2022-02-01 2023-01-31 08862604 c:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 08862604 c:FullAccounts 2022-02-01 2023-01-31 08862604 c:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 08862604









TP + M LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2023

 
TP + M LIMITED
REGISTERED NUMBER: 08862604

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
27,430
33,054

  
27,430
33,054

Current assets
  

Debtors: amounts falling due within one year
 5 
101,429
287,281

Cash at bank and in hand
  
76,728
145,237

  
178,157
432,518

Creditors: amounts falling due within one year
 6 
(76,706)
(266,891)

Net current assets
  
 
 
101,451
 
 
165,627

Total assets less current liabilities
  
128,881
198,681

  

Net assets
  
128,881
198,681


Capital and reserves
  

Called up share capital 
 7 
300
300

Profit and loss account
  
128,581
198,381

  
128,881
198,681


Page 1

 
TP + M LIMITED
REGISTERED NUMBER: 08862604
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 October 2023.




A Thurston
B Paterson
Director
Director



G F Moorley
Director




The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
TP + M LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

1.


General information

TP + M 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

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
TP + M LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%
on cost
Fixtures and fittings
-
25%
on cost
Computer equipment
-
25%
on cost

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 11 (2022 - 11).

Page 4

 
TP + M LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

4.


Tangible fixed assets





Plant and machinery
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 February 2022
47,868
27,378
37,677
112,923


Additions
-
2,047
2,570
4,617



At 31 January 2023

47,868
29,425
40,247
117,540



Depreciation


At 1 February 2022
38,954
18,000
22,915
79,869


Charge for the year on owned assets
4,891
2,788
2,562
10,241



At 31 January 2023

43,845
20,788
25,477
90,110



Net book value



At 31 January 2023
4,023
8,637
14,770
27,430



At 31 January 2022
8,914
9,378
14,762
33,054

Page 5

 
TP + M LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023

5.


Debtors

2023
2022
£
£


Trade debtors
72,008
255,156

Other debtors
11,166
11,167

Prepayments
18,255
20,958

101,429
287,281



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
7,282
33,610

Corporation tax
14,702
63,856

Other taxation and social security
46,253
56,008

Other creditors
6,006
110,954

Accruals and deferred income
2,463
2,463

76,706
266,891



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



300 (2022 - 300) Ordinary shares of £1.00 each
300
300



8.


Pension commitments

The Company contributes to a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £11,692 (2022 - £11,524). 

 
Page 6