04548235falsetechnical consultancy services2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/cd:Director12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-04-012023-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-04-012023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/2022-04-012023-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FRS1022022-04-012023-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-04-012023-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-04-012023-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04548235
TEMPLEPOWER CONTROL SYSTEMS LIMITED
ACCOUNTS
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
David Thomas Power
SECRETARY
Rebecca Johanna Power
REGISTERED OFFICE
9 Lascelles Lane
Northallerton
DL6 1EP
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 Sheet3
Notes To The Accounts4
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 31 March 2023
20232022
Notes££
FIXED ASSETS
Tangible assets2893,552892,709
CURRENT ASSETS
Debtors441,70837,844
Cash at bank and in hand383,010312,178
424,718350,022
CREDITORS: Amounts falling due within one year541,02544,068
NET CURRENT ASSETS383,693305,954
TOTAL ASSETS LESS CURRENT LIABILITIES1,277,2451,198,663
CAPITAL AND RESERVES
Called up share capital7100100
Profit and loss account1,277,1451,198,563
SHAREHOLDERS' FUNDS1,277,2451,198,663
For the year ending 31 March 2023 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 3 November 2023 and signed on their behalf by
.............................
David Thomas Power
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight 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
EquipmentTotal
££
Cost
At 1 April 202227,18327,183
Additions2,6582,658
At 31 March 202329,84129,841
Depreciation
At 1 April 202223,64123,641
For the year1,8151,815
At 31 March 202325,45625,456
Net Book Amounts
At 31 March 20234,3854,385
At 31 March 20223,5423,542
3. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 1 April 2022889,167889,167
At 31 March 2023889,167889,167
Investment properties are held at cost
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors39,92337,214
PAYE control-397
Prepayments233233
Directors current account1,552-
41,70837,844
TEMPLEPOWER CONTROL SYSTEMS LIMITED
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax26,05427,030
VAT10,80311,323
PAYE control1,979-
Directors current account-4,142
Other creditors585585
Accruals1,604988
41,02544,068
6. EMPLOYEES
20232022
No.No.
Average number of employees22
7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary Shares of £1 each100100
100100
8. RELATED PARTY TRANSACTIONS
A company in which the director, David T Power is a shareholder
The company made the following sales during the year £165,573 (2022 £171,285)
The amount due from the related party at the balance sheet date was £39,923 (2022 £37,214)