Registered number
07507382
TA York Limited
Filleted Accounts
31 January 2023
TA York Limited
Registered number: 07507382
Balance Sheet
as at 31 January 2023
Notes 2023 2022
£ £
Current assets
Debtors 4 66,414 54,714
Cash at bank and in hand 83,641 96,289
150,055 151,003
Creditors: amounts falling due within one year 5 (27,639) (31,658)
Net current assets 122,416 119,345
Net assets 122,416 119,345
Capital and reserves
Called up share capital 5 5
Profit and loss account 122,411 119,340
Shareholders' funds 122,416 119,345
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
T Arnold
Director
Approved by the board on 16 October 2023
TA York Limited
Notes to the Accounts
for the year ended 31 January 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2022 4,542
At 31 January 2023 4,542
Depreciation
At 1 February 2022 4,542
At 31 January 2023 4,542
Net book value
At 31 January 2023 -
4 Debtors 2023 2022
£ £
Trade debtors 11,700 -
Other debtors 54,714 54,714
66,414 54,714
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 900 432
Taxation and social security costs 26,739 31,226
27,639 31,658
6 Controlling party
The company is controlled by Mr T Arnold.
7 Other information
TA York Limited is a private company limited by shares and incorporated in England. Its registered office is:
50 Hoyland Road
Hoyland Common
Barnsley
South Yorkshire
S74 0PB
TA York Limited 07507382 false 2022-02-01 2023-01-31 2023-01-31 VT Final Accounts October 2023 T Arnold No description of principal activity 07507382 2021-02-01 2022-01-31 07507382 core:WithinOneYear 2022-01-31 07507382 core:ShareCapital 2022-01-31 07507382 core:RetainedEarningsAccumulatedLosses 2022-01-31 07507382 2022-02-01 2023-01-31 07507382 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 07507382 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 07507382 bus:Director40 2022-02-01 2023-01-31 07507382 1 2022-02-01 2023-01-31 07507382 2 2022-02-01 2023-01-31 07507382 countries:England 2022-02-01 2023-01-31 07507382 bus:FRS102 2022-02-01 2023-01-31 07507382 bus:FullAccounts 2022-02-01 2023-01-31 07507382 2023-01-31 07507382 core:WithinOneYear 2023-01-31 07507382 core:ShareCapital 2023-01-31 07507382 core:RetainedEarningsAccumulatedLosses 2023-01-31 07507382 core:PlantMachinery 2023-01-31 07507382 2022-01-31 07507382 core:PlantMachinery 2022-01-31 iso4217:GBP xbrli:pure