Registered number: 04548235 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
Prepared By: | ||||||||
Lions Accountants Ltd | ||||||||
Chartered Accountants and Tax Advisers |
TEMPLEPOWER CONTROL SYSTEMS LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
Rebecca Johanna Power | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 04548235 | ||||||||
ACCOUNTANTS | ||||||||
Lions Accountants Ltd | ||||||||
Chartered Accountants and Tax Advisers |
TEMPLEPOWER CONTROL SYSTEMS LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2023 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
TEMPLEPOWER CONTROL SYSTEMS LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2023 | 2022 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
424,718 | 350,022 | |||||||||
CREDITORS: Amounts falling due within one year | 5 | |||||||||
NET CURRENT ASSETS | 305,954 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | 1,277,145 | 1,198,563 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
TEMPLEPOWER CONTROL SYSTEMS LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2023 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Change In Accounting Policy | ||||||||
In preparing the financial statements for the current year, the company has adopted the following Financial Reporting Standards: | ||||||||
FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . | ||||||||
The adoption of new accounting standards has not resulted in any adjustments to the results of the company in either this year or the previous year. |
1c. Depreciation | ||||||||
Equipment | straight line 25% |
1d. Investment Properties | ||||||||
Investment properties are included in the financial statements at cost. No depreciation is provided. |
1e. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
TEMPLEPOWER CONTROL SYSTEMS LIMITED | ||||||||
2. TANGIBLE FIXED ASSETS | ||||
Equipment | Total | |||
£ | £ | |||
Cost | ||||
At 1 April 2022 | 27,183 | 27,183 | ||
Additions | 2,658 | 2,658 | ||
At 31 March 2023 | 29,841 | 29,841 | ||
Depreciation | ||||
At 1 April 2022 | 23,641 | 23,641 | ||
For the year | 1,815 | 1,815 | ||
At 31 March 2023 | 25,456 | 25,456 | ||
Net Book Amounts | ||||
At 31 March 2023 | 4,385 | |||
At 31 March 2022 | 3,542 | |||
3. INVESTMENT PROPERTIES | ||||||||
Investment | ||||||||
Properties | Total | |||||||
£ | £ | |||||||
Fair value | ||||||||
At 1 April 2022 | 889,167 | 889,167 | ||||||
At 31 March 2023 | 889,167 | 889,167 | ||||||
Investment properties are held at cost | ||||||||
4. DEBTORS | 2023 | 2022 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 39,923 | 37,214 | ||||||
PAYE control | - | 397 | ||||||
Prepayments | 233 | 233 | ||||||
Directors current account | 1,552 | - | ||||||
41,708 | 37,844 | |||||||
TEMPLEPOWER CONTROL SYSTEMS LIMITED | ||||||||
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2023 | 2022 | |||||||
£ | £ | |||||||
UK corporation tax | 26,054 | 27,030 | ||||||
VAT | 10,803 | 11,323 | ||||||
PAYE control | 1,979 | - | ||||||
Directors current account | - | 4,142 | ||||||
Other creditors | 585 | 585 | ||||||
Accruals | 1,604 | 988 | ||||||
41,025 | 44,068 | |||||||
6. EMPLOYEES | ||||||
2023 | 2022 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
7. SHARE CAPITAL | 2023 | 2022 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||
8. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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