Company Registration No. 04610910 (England and Wales)
TIVERTON KITCHEN, BATHROOM AND TILE CENTRE LIMITED
Unaudited accounts
for the year ended 31 May 2023
TIVERTON KITCHEN, BATHROOM AND TILE CENTRE LIMITED
Unaudited accounts
Contents
TIVERTON KITCHEN, BATHROOM AND TILE CENTRE LIMITED
Company Information
for the year ended 31 May 2023
Directors
J P Davis
C Davis
Company Number
04610910 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS
HIGH STREET
CREDITON
DEVON
EX17 3AH
Accountants
H W Martin & Co LLP
Lloyds Bank Chambers
High Street
Crediton
Devon
EX17 3AH
TIVERTON KITCHEN, BATHROOM AND TILE CENTRE LIMITED
Statement of financial position
as at 31 May 2023
Tangible assets
30,980
39,401
Cash at bank and in hand
100,765
172,678
Creditors: amounts falling due within one year
(114,931)
(173,050)
Net current assets
63,083
50,104
Total assets less current liabilities
94,063
89,505
Creditors: amounts falling due after more than one year
(9,072)
(11,867)
Provisions for liabilities
Deferred tax
(11,976)
(11,572)
Called up share capital
4
4
Profit and loss account
73,011
66,062
Shareholders' funds
73,015
66,066
For the year ending 31 May 2023 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 24 October 2023 and were signed on its behalf by
J P Davis
Director
Company Registration No. 04610910
TIVERTON KITCHEN, BATHROOM AND TILE CENTRE LIMITED
Notes to the Accounts
for the year ended 31 May 2023
TIVERTON KITCHEN, BATHROOM AND TILE CENTRE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04610910. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, DEVON, EX17 3AH.
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:
Plant & machinery
15% reducing balance basis
Motor vehicles
25% reducing balance basis
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2022
17,882
56,549
62,095
136,526
At 31 May 2023
17,882
57,334
62,095
137,311
At 1 June 2022
17,882
48,928
30,315
97,125
Charge for the year
-
1,261
7,945
9,206
At 31 May 2023
17,882
50,189
38,260
106,331
At 31 May 2023
-
7,145
23,835
30,980
At 31 May 2022
-
7,621
31,780
39,401
TIVERTON KITCHEN, BATHROOM AND TILE CENTRE LIMITED
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
41,966
6,694
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
31,452
24,678
Taxes and social security
36,490
43,541
Other creditors
26,154
46,513
Loans from directors
18,435
55,918
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 4).