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REGISTERED NUMBER: 09203359 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31st May 2023

for

Trans 2 Performance Limited

Trans 2 Performance Limited (Registered number: 09203359)






Contents of the Financial Statements
for the year ended 31st May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Trans 2 Performance Limited

Company Information
for the year ended 31st May 2023







DIRECTOR: M L A Johnson



REGISTERED OFFICE: Vittoria House
48 Queen Street
Hull
East Yorkshire
HU1 1UU



REGISTERED NUMBER: 09203359 (England and Wales)



ACCOUNTANTS: Sadofskys
Chartered Accountants
Princes House
Wright Street
Hull
East Yorkshire
HU2 8HX



BANKERS: National Westminster Bank plc
1 Market Street
York
YO1 8SR

Trans 2 Performance Limited (Registered number: 09203359)

Balance Sheet
31st May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 163,801 101,650
Tangible assets 5 31,323 22,105
195,124 123,755

CURRENT ASSETS
Debtors 6 133,807 132,973
Cash at bank and in hand 782,880 479,085
916,687 612,058
CREDITORS
Amounts falling due within one year 7 442,311 354,242
NET CURRENT ASSETS 474,376 257,816
TOTAL ASSETS LESS CURRENT
LIABILITIES

669,500

381,571

PROVISIONS FOR LIABILITIES 5,914 4,155
NET ASSETS 663,586 377,416

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 663,576 377,406
SHAREHOLDERS' FUNDS 663,586 377,416

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2023 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.

Trans 2 Performance Limited (Registered number: 09203359)

Balance Sheet - continued
31st May 2023


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 16th October 2023 and were signed by:





M L A Johnson - Director


Trans 2 Performance Limited (Registered number: 09203359)

Notes to the Financial Statements
for the year ended 31st May 2023

1. STATUTORY INFORMATION

Trans 2 Performance 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.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

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 - 33% on cost and 20% on reducing balance

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.

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.

Trans 2 Performance Limited (Registered number: 09203359)

Notes to the Financial Statements - continued
for the year ended 31st May 2023

2. ACCOUNTING POLICIES - continued

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 11 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st June 2022 101,650
Additions 62,151
At 31st May 2023 163,801
NET BOOK VALUE
At 31st May 2023 163,801
At 31st May 2022 101,650

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st June 2022 48,423
Additions 18,742
At 31st May 2023 67,165
DEPRECIATION
At 1st June 2022 26,318
Charge for year 9,524
At 31st May 2023 35,842
NET BOOK VALUE
At 31st May 2023 31,323
At 31st May 2022 22,105

Trans 2 Performance Limited (Registered number: 09203359)

Notes to the Financial Statements - continued
for the year ended 31st May 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 121,472 126,223
Prepayments 12,335 6,750
133,807 132,973

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 97,386 28,654
Taxation 43,475 65,973
Social security and other taxes 33,283 45,282
Other creditors 5,209 3,034
Directors' loan accounts 93 316
Accruals and deferred income 262,865 210,983
442,311 354,242

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
10 Ordinary £1 10 10

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Trans 2 Performance 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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Trans 2 Performance Limited for the year ended 31st May 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Trans 2 Performance Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Trans 2 Performance Limited and state those matters that we have agreed to state to the director of Trans 2 Performance Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Trans 2 Performance Limited and its director for our work or for this report.

It is your duty to ensure that Trans 2 Performance Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Trans 2 Performance Limited. You consider that Trans 2 Performance Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Trans 2 Performance Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sadofskys
Chartered Accountants
Princes House
Wright Street
Hull
East Yorkshire
HU2 8HX


17th October 2023