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REGISTERED NUMBER: 01703378 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Trevor Potts Waste Disposal Limited

Trevor Potts Waste Disposal Limited (Registered number: 01703378)






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


Trevor Potts Waste Disposal Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mrs J Potts
M W Potts





SECRETARY: Mrs J Potts





REGISTERED OFFICE: Hellaby Lane
Hellaby
Rotherham
South Yorkshire
S66 8HN





REGISTERED NUMBER: 01703378 (England and Wales)





ACCOUNTANTS: Hawson Jefferies
Suite 4
164-170 Queens Road
Sheffield
South Yorkshire
S2 4DH

Trevor Potts Waste Disposal Limited (Registered number: 01703378)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,500 5,500
Tangible assets 5 1,344,885 1,349,585
1,350,385 1,355,085

CURRENT ASSETS
Stocks 16,886 12,616
Debtors 6 93,603 81,127
Cash at bank and in hand 1,212,747 1,071,502
1,323,236 1,165,245
CREDITORS
Amounts falling due within one year 7 177,465 168,834
NET CURRENT ASSETS 1,145,771 996,411
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,496,156

2,351,496

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,496,056 2,351,396
2,496,156 2,351,496

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.

Trevor Potts Waste Disposal Limited (Registered number: 01703378)

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 23 November 2023 and were signed on its behalf by:




Mrs J Potts - Director



M W Potts - Director


Trevor Potts Waste Disposal Limited (Registered number: 01703378)

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

1. STATUTORY INFORMATION

Trevor Potts Waste Disposal 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.

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.

Other intangible fixed asset are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - not provided
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

Trevor Potts Waste Disposal Limited (Registered number: 01703378)

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

2. 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2022 - 30 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 March 2022
and 28 February 2023 5,500
NET BOOK VALUE
At 28 February 2023 5,500
At 28 February 2022 5,500

5. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 March 2022 1,193,792 224,259 384,673
Additions - 19,449 5,958
At 28 February 2023 1,193,792 243,708 390,631
DEPRECIATION
At 1 March 2022 3,800 157,691 326,567
Charge for year - 12,903 9,610
At 28 February 2023 3,800 170,594 336,177
NET BOOK VALUE
At 28 February 2023 1,189,992 73,114 54,454
At 28 February 2022 1,189,992 66,568 58,106

Trevor Potts Waste Disposal Limited (Registered number: 01703378)

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

5. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2022 65,800 20,801 1,889,325
Additions - 1,812 27,219
At 28 February 2023 65,800 22,613 1,916,544
DEPRECIATION
At 1 March 2022 37,578 14,104 539,740
Charge for year 7,055 2,351 31,919
At 28 February 2023 44,633 16,455 571,659
NET BOOK VALUE
At 28 February 2023 21,167 6,158 1,344,885
At 28 February 2022 28,222 6,697 1,349,585

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 47,646 1,458
Other debtors 45,957 79,669
93,603 81,127

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 59,477 64,942
Taxation and social security 102,734 57,149
Other creditors 15,254 46,743
177,465 168,834