IRIS Accounts Production v23.3.0.418 05353454 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure053534542022-03-31053534542023-03-31053534542022-04-012023-03-31053534542021-03-31053534542021-04-012022-03-31053534542022-03-3105353454ns16:EnglandWales2022-04-012023-03-3105353454ns15:PoundSterling2022-04-012023-03-3105353454ns11:Director12022-04-012023-03-3105353454ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3105353454ns11:SmallEntities2022-04-012023-03-3105353454ns11:AuditExemptWithAccountantsReport2022-04-012023-03-3105353454ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3105353454ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3105353454ns11:FullAccounts2022-04-012023-03-3105353454ns11:Director22022-04-012023-03-3105353454ns11:CompanySecretary12022-04-012023-03-3105353454ns11:RegisteredOffice2022-04-012023-03-3105353454ns6:CurrentFinancialInstruments2023-03-3105353454ns6:CurrentFinancialInstruments2022-03-3105353454ns6:Non-currentFinancialInstruments2023-03-3105353454ns6:Non-currentFinancialInstruments2022-03-3105353454ns6:ShareCapital2023-03-3105353454ns6:ShareCapital2022-03-3105353454ns6:RetainedEarningsAccumulatedLosses2023-03-3105353454ns6:RetainedEarningsAccumulatedLosses2022-03-3105353454ns6:LeaseholdImprovements2022-04-012023-03-3105353454ns6:PlantMachinery2022-04-012023-03-3105353454ns6:FurnitureFittings2022-04-012023-03-3105353454ns6:MotorVehicles2022-04-012023-03-3105353454ns6:ComputerEquipment2022-04-012023-03-3105353454ns6:LeaseholdImprovements2022-03-3105353454ns6:PlantMachinery2022-03-3105353454ns6:FurnitureFittings2022-03-3105353454ns6:LeaseholdImprovements2023-03-3105353454ns6:PlantMachinery2023-03-3105353454ns6:FurnitureFittings2023-03-3105353454ns6:LeaseholdImprovements2022-03-3105353454ns6:PlantMachinery2022-03-3105353454ns6:FurnitureFittings2022-03-3105353454ns6:MotorVehicles2022-03-3105353454ns6:ComputerEquipment2022-03-3105353454ns6:MotorVehicles2023-03-3105353454ns6:ComputerEquipment2023-03-3105353454ns6:MotorVehicles2022-03-3105353454ns6:ComputerEquipment2022-03-3105353454ns6:AdditionsToInvestments2023-03-3105353454ns6:CostValuation2023-03-3105353454ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3105353454ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-31
REGISTERED NUMBER: 05353454 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

STAFFAN TOLLGARD LIMITED

STAFFAN TOLLGARD LIMITED (REGISTERED NUMBER: 05353454)

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

Chartered Accountants' Report 8

STAFFAN TOLLGARD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mrs A M Tollgard
S Tollgard





SECRETARY: Mrs A M Tollgard





REGISTERED OFFICE: Grosvenor Waterside
Gatliff Road
London
SW1W 8QN





REGISTERED NUMBER: 05353454 (England and Wales)





ACCOUNTANTS: KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH

STAFFAN TOLLGARD LIMITED (REGISTERED NUMBER: 05353454)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 273,892 191,899
Investments 5 73,749 -
347,641 191,899

CURRENT ASSETS
Stocks 380,000 355,000
Debtors 6 337,901 716,427
Cash at bank and in hand 185,006 480,702
902,907 1,552,129
CREDITORS
Amounts falling due within one year 7 846,302 1,585,086
NET CURRENT ASSETS/(LIABILITIES) 56,605 (32,957 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

404,246

158,942

CREDITORS
Amounts falling due after more than one
year

8

(43,707

)

(27,766

)

PROVISIONS FOR LIABILITIES (43,307 ) (25,968 )
NET ASSETS 317,232 105,208

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 317,132 105,108
SHAREHOLDERS' FUNDS 317,232 105,208

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 directors acknowledge their 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.

STAFFAN TOLLGARD LIMITED (REGISTERED NUMBER: 05353454)

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2023 and were signed on its behalf by:





S Tollgard - Director


STAFFAN TOLLGARD LIMITED (REGISTERED NUMBER: 05353454)

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


1. STATUTORY INFORMATION

Staffan Tollgard 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.

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 as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

i) the amount of revenue can be measured reliably;
ii) it is probable that the Company will receive the consideration due under the contract;
iii) the stage of completion of the contract at the end of the reporting period can be measured reliably; and
iv) the costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 15 years
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.


STAFFAN TOLLGARD LIMITED (REGISTERED NUMBER: 05353454)

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


2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 21 (2022 - 25 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2022 301,036 65,126 157,783
Additions 77,876 - 9,181
Disposals - - -
At 31 March 2023 378,912 65,126 166,964
DEPRECIATION
At 1 April 2022 180,625 62,036 138,100
Charge for year 20,741 772 7,157
Eliminated on disposal - - -
At 31 March 2023 201,366 62,808 145,257
NET BOOK VALUE
At 31 March 2023 177,546 2,318 21,707
At 31 March 2022 120,411 3,090 19,683

STAFFAN TOLLGARD LIMITED (REGISTERED NUMBER: 05353454)

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


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2022 49,440 62,216 635,601
Additions 60,180 5,871 153,108
Disposals (49,440 ) - (49,440 )
At 31 March 2023 60,180 68,087 739,269
DEPRECIATION
At 1 April 2022 24,720 38,221 443,702
Charge for year 17,375 12,710 58,755
Eliminated on disposal (37,080 ) - (37,080 )
At 31 March 2023 5,015 50,931 465,377
NET BOOK VALUE
At 31 March 2023 55,165 17,156 273,892
At 31 March 2022 24,720 23,995 191,899

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 73,749
At 31 March 2023 73,749
NET BOOK VALUE
At 31 March 2023 73,749

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 229,622 560,637
Other debtors 108,279 155,790
337,901 716,427

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 6,119 4,670
Trade creditors 231,557 875,687
Taxation and social security 149,024 291,424
Other creditors 459,602 413,305
846,302 1,585,086

STAFFAN TOLLGARD LIMITED (REGISTERED NUMBER: 05353454)

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


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 43,707 27,766

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
STAFFAN TOLLGARD LIMITED


The following reproduces the text of the report prepared for the directors 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 Directors 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 Staffan Tollgard Limited for the year ended 31 March 2023 which comprise the Profit & Loss Account, 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 Board of Directors of Staffan Tollgard Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Staffan Tollgard Limited and state those matters that we have agreed to state to the Board of Directors of Staffan Tollgard Limited, as a body, 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 Staffan Tollgard Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Staffan Tollgard 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 Staffan Tollgard Limited. You consider that Staffan Tollgard 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 Staffan Tollgard 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.






KBSP Partners LLP
Chartered Accountants
Harben House
Harben Parade
Finchley Road
LONDON
NW3 6LH


10 November 2023