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REGISTERED NUMBER: 05395659 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

TURNER & COATES LIMITED

TURNER & COATES LIMITED (REGISTERED NUMBER: 05395659)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TURNER & COATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: N J Coulborn



SECRETARY: Mrs C L Pilsworth - Coulborn



REGISTERED OFFICE: Europa House
Barcroft Street
Bury
Greater Manchester
BL9 5BT



REGISTERED NUMBER: 05395659 (England and Wales)



ACCOUNTANTS: P B Syddall & Co
Chartered Accountants
Grafton House
81 Chorley Old Road
Bolton
Lancashire
BL1 3AJ



BANKERS: Bank of Scotland
600 Gorgie Road
Edinburgh
East Lothian
EH11 3XP

TURNER & COATES LIMITED (REGISTERED NUMBER: 05395659)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 3 3
Tangible assets 6 5,209 2,535
5,212 2,538

CURRENT ASSETS
Debtors 7 73,916 84,748
Prepayments and accrued income 2,622 2,060
Cash at bank 18,176 3,587
94,714 90,395
CREDITORS
Amounts falling due within one year 8 73,964 76,112
NET CURRENT ASSETS 20,750 14,283
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,962

16,821

PROVISIONS FOR LIABILITIES 482 482
NET ASSETS 25,480 16,339

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 25,380 16,239
SHAREHOLDERS' FUNDS 25,480 16,339

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

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

TURNER & COATES LIMITED (REGISTERED NUMBER: 05395659)

BALANCE SHEET - continued
31 MARCH 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 22 August 2023 and were signed by:





N J Coulborn - Director


TURNER & COATES LIMITED (REGISTERED NUMBER: 05395659)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Turner & Coates 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of nil years.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost

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.

TURNER & COATES LIMITED (REGISTERED NUMBER: 05395659)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

3. 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 3
NET BOOK VALUE
At 31 March 2023 3
At 31 March 2022 3

6. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2022 28,042
Additions 5,240
At 31 March 2023 33,282
DEPRECIATION
At 1 April 2022 25,507
Charge for year 2,566
At 31 March 2023 28,073
NET BOOK VALUE
At 31 March 2023 5,209
At 31 March 2022 2,535

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 71,845 84,748
VAT 2,071 -
73,916 84,748

TURNER & COATES LIMITED (REGISTERED NUMBER: 05395659)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 23,334 37,208
Tax 14,197 6,205
Social security and other taxes 852 574
VAT - 2,656
Directors current account 25,741 25,799
Accrued expenses 9,840 3,670
73,964 76,112

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £43,550 (2022 - £22,750) were paid to the director .

10. ULTIMATE CONTROLLING PARTY

The controlling party is N J Coulborn.