Technical Display Consortium Limited |
Registered Number:04101722 |
For the year ended 30 November 2022
England and Wales
Unaudited Financial Statements
For the year ended 30 November 2022
Technical Display Consortium Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Technical Display Consortium Limited
Statement of Financial Position
2021
2022
Property, plant and equipment |
74,832
59,277
2
74,832
59,277
206,109
93,761
3
Trade and other receivables |
480,655
246,767
4
173,699
Cash and cash equivalents |
196,086
536,614
860,463
Trade and other payables: amounts falling due within one year |
(644,957)
(330,438)
5
215,506
206,176
Net current assets
Total assets less current liabilities |
281,008
274,783
Trade and other payables: amounts falling due after more than one year |
(58,180)
(44,675)
6
236,333
Net assets
216,603
110
110
236,223
216,493
236,333
216,603
Shareholders' funds
For the year ended 30 November 2022 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 30 November 2022 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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. |
Mr Michael Hackett Director |
These financial statements were approved and authorised for issue by the Board on 28 August 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 November 2022
Technical Display Consortium Limited
Notes to the Financial Statements
Statutory Information
Technical Display Consortium Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number |
04101722. |
Valley House
3 Whiting Street
Sheffield
S8 9QR
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
Property, plant and equipment, 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. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment |
Motor vehicles
144,582
3,567
50,099
90,916
34,072
-
29,678
4,394
95,310
79,777
3,567
178,654
Provision for depreciation and impairment |
85,305
892
16,720
67,693
Charge for year
18,517
892
12,465
5,160
103,822
1,784
29,185
72,853
22,457
50,592
1,783
74,832
23,223
33,379
2,675
59,277
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For the year ended 30 November 2022
Technical Display Consortium Limited
Notes to the Financial Statements Continued
2021
2022
93,761
206,109
4. Trade and other receivables |
2021
2022
246,767
480,655
The debtors above include the following amounts falling due after more than one year: |
(8,255)
-
5. Trade and other payables: amounts falling due within one year |
2021
2022
42,606
20,552
182,550
486,277
Taxation and social security |
78,282
127,453
27,000
10,675
330,438
644,957
6. Trade and other payables: amounts falling due after more than one year |
2021
2022
-
34,671
44,675
23,509
44,675
58,180
7. Average number of persons employed |
During the year the average number of employees was 7 (2021 : 6)
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