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REGISTERED NUMBER: 07142325 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Total Office Product Supplies Limited

Total Office Product Supplies Limited (Registered number: 07142325)






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

Report of the Accountants 7

Total Office Product Supplies Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: M Fairbairn





SECRETARY: S Fairbairn





REGISTERED OFFICE: 3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ





REGISTERED NUMBER: 07142325 (England and Wales)





ACCOUNTANTS: AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ

Total Office Product Supplies Limited (Registered number: 07142325)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 20,615 7,487
20,615 7,487

CURRENT ASSETS
Stocks 10,500 7,660
Debtors 6 101,046 204,048
Cash at bank and in hand 24,273 28,675
135,819 240,383
CREDITORS
Amounts falling due within one year 7 90,547 132,744
NET CURRENT ASSETS 45,272 107,639
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,887

115,126

CREDITORS
Amounts falling due after more than one
year

8

26,250

31,250
NET ASSETS 39,637 83,876

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 39,635 83,874
SHAREHOLDERS' FUNDS 39,637 83,876

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.

Total Office Product Supplies Limited (Registered number: 07142325)

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 30 October 2023 and were signed by:





M Fairbairn - Director


Total Office Product Supplies Limited (Registered number: 07142325)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Total Office Product Supplies 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 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 2013, is being amortised evenly over its estimated useful life of four years.

Goodwill has been fully amortised.

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.
Improvements to property - No Depreciation
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% 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.

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.

Total Office Product Supplies Limited (Registered number: 07142325)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 April 2022
and 31 March 2023 10,000
AMORTISATION
At 1 April 2022
and 31 March 2023 10,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Improvements and Motor
to property fittings vehicles Totals
£ £ £ £
COST
At 1 April 2022 - 19,970 17,105 37,075
Additions 15,000 - - 15,000
At 31 March 2023 15,000 19,970 17,105 52,075
DEPRECIATION
At 1 April 2022 - 18,948 10,640 29,588
Charge for year - 256 1,616 1,872
At 31 March 2023 - 19,204 12,256 31,460
NET BOOK VALUE
At 31 March 2023 15,000 766 4,849 20,615
At 31 March 2022 - 1,022 6,465 7,487

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Trade debtors 76,779 155,189
Directors' loan accounts 24,267 48,859
101,046 204,048

Total Office Product Supplies Limited (Registered number: 07142325)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£ £
Bank loans and overdrafts 5,000 5,000
Trade creditors 63,581 94,114
Tax 6,447 19,308
Social security and other taxes 221 229
VAT 5,247 5,086
Other creditors 8,490 7,429
Pension Control 61 78
Accrued expenses 1,500 1,500
90,547 132,744

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£ £
Bank loans - 2-5 years 26,250 31,250

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

31.3.23 31.3.22
£ £
M Fairbairn
Balance outstanding at start of year 48,859 48,859
Amounts advanced 77,408 35,000
Amounts repaid (102,000 ) (35,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 24,267 48,859

Total Office Product Supplies Limited

Report of the Accountants to the Director of
Total Office Product Supplies Limited

The following reproduces the text of the report prepared for the director 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 Director 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 31 March 2023 set out on pages one 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.






AWS Accountancy Limited
3 Berrymoor Court
Northumberland Business Park
Cramlington
Northumberland
NE23 7RZ


30 October 2023