T & B Blasting Services Limited |
Registered Number:05090055 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
T & B Blasting Services Limited
Contents Page
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Statement of Financial Position
3 to 5
Notes to the Financial Statements
T & B Blasting Services Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
10,175
12,790
2
10,175
12,790
3,460
4,110
3
Trade and other receivables |
26,090
23,770
4
22,271
Cash and cash equivalents |
3,734
31,614
51,821
Trade and other payables: amounts falling due within |
one year |
(26,467)
(20,773)
5
25,354
10,841
Net current assets
Total assets less current liabilities |
21,016
38,144
Trade and other payables: amounts falling due after |
more than one year |
(26,524)
(14,446)
6
(1,218)
(1,558)
Provisions for liabilities |
5,352
Net assets
10,062
100
100
5,252
9,962
5,352
10,062
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 March 2023
T & B Blasting Services Limited
Statement of Financial Position Continued
Mr Barry James Henry Trainor Director |
These financial statements were approved and authorised for issue by the Board on 19 July 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
T & B Blasting Services Limited
Notes to the Financial Statements
Statutory Information
T & B Blasting Services Limited is a private limited company, limited by shares, domiciled in England |
and Wales, registration number 05090055. |
71 Gorse Industrial Estate
Barnham
Thetford
Norfolk
IP24 2PH
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of |
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic |
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the |
historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. |
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For the year ended 31 March 2023
T & B Blasting Services Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
33,062
15,995
17,067
17,067
15,995
33,062
Provision for depreciation and impairment |
20,272
9,020
11,252
Charge for year
2,615
1,745
870
22,887
10,765
12,122
4,945
5,230
10,175
5,815
6,975
12,790
2022
2023
4,110
3,460
4. Trade and other receivables |
2022
2023
22,705
24,415
1,065
1,675
26,090
23,770
5. Trade and other payables: amounts falling due within one year |
2022
2023
6,071
-
7,146
8,463
Taxation and social security |
3,104
5,024
4,452
12,980
20,773
26,467
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For the year ended 31 March 2023
T & B Blasting Services Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
14,446
26,524
7. Average number of persons employed |
During the year the average number of employees was 5 (2022 : 5)
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