Company Registration No. 11477983 (England and Wales)
TECHNICAL SOLUTIONS (SW) LIMITED
Unaudited accounts
for the year ended 31 March 2023
TECHNICAL SOLUTIONS (SW) LIMITED
Unaudited accounts
Contents
TECHNICAL SOLUTIONS (SW) LIMITED
Company Information
for the year ended 31 March 2023
Directors
Alan Leach
Hannah Newnes
Company Number
11477983 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS
HIGH STREET
CREDITON
EX17 3AH
UNITED KINGDOM
TECHNICAL SOLUTIONS (SW) LIMITED
Statement of financial position
as at 31 March 2023
Tangible assets
172,256
175,906
Cash at bank and in hand
18,964
10,451
Creditors: amounts falling due within one year
(150,545)
(115,115)
Net current liabilities
(130,267)
(104,664)
Called up share capital
10
10
Profit and loss account
41,979
71,232
Shareholders' funds
41,989
71,242
For the year ending 31 March 2023 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 1 December 2023 and were signed on its behalf by
Alan Leach
Director
Company Registration No. 11477983
TECHNICAL SOLUTIONS (SW) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
TECHNICAL SOLUTIONS (SW) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11477983. The registered office is LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON, EX17 3AH, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 April 2022
182,241
334
182,575
At 31 March 2023
182,241
334
182,575
At 1 April 2022
6,669
-
6,669
Charge for the year
3,583
67
3,650
At 31 March 2023
10,252
67
10,319
At 31 March 2023
171,989
267
172,256
At 31 March 2022
175,572
334
175,906
Amounts falling due within one year
TECHNICAL SOLUTIONS (SW) LIMITED
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
110,345
64,045
Taxes and social security
-
2,339
Loans from directors
39,319
47,168
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).