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REGISTERED NUMBER: 09768484 (England and Wales)















Unaudited Financial Statements for the Year Ended 30th November 2022

for

T M AGRI-SERVICES LTD

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

Contents of the Financial Statements
for the Year Ended 30th November 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

T M AGRI-SERVICES LTD

Company Information
for the Year Ended 30th November 2022







DIRECTOR: Mr. T Moxon





REGISTERED OFFICE: 4 Clews Road
Redditch
United Kingdom
B98 7ST





REGISTERED NUMBER: 09768484 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

Balance Sheet
30th November 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 282,315 311,132

CURRENT ASSETS
Stocks 8,052 8,052
Debtors 5 134,819 144,293
Cash at bank and in hand 5,382 17
148,253 152,362
CREDITORS
Amounts falling due within one year 6 371,362 411,207
NET CURRENT LIABILITIES (223,109 ) (258,845 )
TOTAL ASSETS LESS CURRENT LIABILITIES 59,206 52,287

CREDITORS
Amounts falling due after more than one
year

7

268,353

239,491
NET LIABILITIES (209,147 ) (187,204 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (209,247 ) (187,304 )
SHAREHOLDERS' FUNDS (209,147 ) (187,204 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2022 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.

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

Balance Sheet - continued
30th November 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27th November 2023 and were signed by:





Mr. T Moxon - Director


T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

Notes to the Financial Statements
for the Year Ended 30th November 2022


1. STATUTORY INFORMATION

T M Agri-services 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 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 Statement of Income and Retained Earnings, 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.

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2022


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st December 2021 571,351 - - 571,351
Additions 146,324 189 4,418 150,931
Disposals (123,203 ) - - (123,203 )
Reclassification/transfer (101,000 ) - - (101,000 )
At 30th November 2022 493,472 189 4,418 498,079
DEPRECIATION
At 1st December 2021 260,219 - - 260,219
Charge for year 68,881 47 1,118 70,046
Eliminated on disposal (89,251 ) - - (89,251 )
Reclassification/transfer (25,250 ) - - (25,250 )
At 30th November 2022 214,599 47 1,118 215,764
NET BOOK VALUE
At 30th November 2022 278,873 142 3,300 282,315
At 30th November 2021 311,132 - - 311,132

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2022


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1st December 2021 437,300
Additions 72,229
Reclassification/transfer (101,000 )
At 30th November 2022 408,529
DEPRECIATION
At 1st December 2021 159,003
Charge for year 50,637
Reclassification/transfer (25,250 )
At 30th November 2022 184,390
NET BOOK VALUE
At 30th November 2022 224,139
At 30th November 2021 278,297

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 52,606 104,071
Other debtors 82,213 40,222
134,819 144,293

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts (see note 8) 45,522 19,864
Hire purchase contracts 69,279 75,518
Trade creditors 65,429 118,960
Taxation and social security 66,831 12,756
Other creditors 124,301 184,109
371,362 411,207

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2022


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Bank loans (see note 8) 141,114 37,338
Hire purchase contracts 127,239 202,153
268,353 239,491

8. LOANS

An analysis of the maturity of loans is given below:

2022 2021
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 15,397 9,864
Bank loans 30,125 10,000
45,522 19,864

Amounts falling due between one and two years:
Bank loans - 1-2 years 30,125 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 110,989 27,338

9. DEFERRED TAX
£   
Balance at 1st December 2021 (40,222 )
Credit to Statement of Income and Retained Earnings during year (18,181 )
Balance at 30th November 2022 (58,403 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
100 Ordinary A 1 100 100

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr. T Moxon.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
T M Agri-services Ltd


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.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of T M Agri-services Ltd for the year ended 30th November 2022 which comprise the Statement of Income and Retained Earnings, Balance Sheet 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 director of T M Agri-services Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of T M Agri-services Ltd and state those matters that we have agreed to state to the director of T M Agri-services Ltd 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 T M Agri-services Ltd and its director for our work or for this report.

It is your duty to ensure that T M Agri-services Ltd 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 loss of T M Agri-services Ltd. You consider that T M Agri-services Ltd 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 T M Agri-services Ltd. 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.






Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST


27th November 2023