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REGISTERED NUMBER: 11230842 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

TP IMPROVEMENTS LTD

TP IMPROVEMENTS LTD (REGISTERED NUMBER: 11230842)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

TP IMPROVEMENTS LTD

Company Information
for the Year Ended 28 February 2023







DIRECTORS: T Pocock
Mrs K Pocock





REGISTERED OFFICE: Unit 16
Mole Business Park
Randall Road
Leatherhead
Surrey
KT22 7BA





REGISTERED NUMBER: 11230842 (England and Wales)





ACCOUNTANTS: Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX

TP IMPROVEMENTS LTD (REGISTERED NUMBER: 11230842)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 159,635 112,306

CURRENT ASSETS
Stocks 57,000 57,000
Debtors 5 135,577 89,006
Cash at bank 243,958 355,265
436,535 501,271
CREDITORS
Amounts falling due within one year 6 137,275 141,043
NET CURRENT ASSETS 299,260 360,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

458,895

472,534

CREDITORS
Amounts falling due after more than one year 7 23,007 32,645
NET ASSETS 435,888 439,889

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 435,878 439,879
SHAREHOLDERS' FUNDS 435,888 439,889

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

TP IMPROVEMENTS LTD (REGISTERED NUMBER: 11230842)

Balance Sheet - continued
28 February 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 Board of Directors and authorised for issue on 18 May 2023 and were signed on its behalf by:





T Pocock - Director


TP IMPROVEMENTS LTD (REGISTERED NUMBER: 11230842)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

Tp Improvements Ltd 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 at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 20% on reducing balance

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

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

TP IMPROVEMENTS LTD (REGISTERED NUMBER: 11230842)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 145,963
Additions 61,753
At 28 February 2023 207,716
DEPRECIATION
At 1 March 2022 33,657
Charge for year 14,424
At 28 February 2023 48,081
NET BOOK VALUE
At 28 February 2023 159,635
At 28 February 2022 112,306

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 77,285 83,006
Other debtors 58,292 6,000
135,577 89,006

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 6,836 10,786
Trade creditors 48,380 66,459
Taxation and social security 29,384 42,270
Other creditors 42,675 11,528
137,275 141,043

TP IMPROVEMENTS LTD (REGISTERED NUMBER: 11230842)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 23,007 32,645

TP IMPROVEMENTS LTD

Report of the Accountants to the Directors of
Tp Improvements Ltd


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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2023 set out on pages two to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Russell & Co
Station House
Station Approach
East Horsley
Leatherhead
Surrey
KT24 6QX


18 May 2023