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REGISTERED NUMBER: 12781289 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

FOR

T & I ENTERPRISE'S LTD
TRADING AS
THE WHITBY WAY

T & I ENTERPRISE'S LTD (REGISTERED NUMBER: 12781289)
TRADING AS THE WHITBY WAY






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T & I ENTERPRISE'S LTD
TRADING AS THE WHITBY WAY

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTORS: T Goldstone
I Smith





REGISTERED OFFICE: 7 Wellington Road
Whitby
North Yorkshire
YO21 1DY





REGISTERED NUMBER: 12781289 (England and Wales)





ACCOUNTANTS: Lloyd Dowson Limited
Medina House
2 Station Avenue
Bridlington
East Yorkshire
YO16 4LZ

T & I ENTERPRISE'S LTD (REGISTERED NUMBER: 12781289)
TRADING AS THE WHITBY WAY

BALANCE SHEET
31 JULY 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,608 12,190

CURRENT ASSETS
Stocks 8,255 8,524
Debtors 5 32,690 5,128
Cash at bank and in hand 72,170 109,435
113,115 123,087
CREDITORS
Amounts falling due within one year 6 79,633 89,352
NET CURRENT ASSETS 33,482 33,735
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,090

45,925

PROVISIONS FOR LIABILITIES 2,652 2,316
NET ASSETS 41,438 43,609

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 41,338 43,509
SHAREHOLDERS' FUNDS 41,438 43,609

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

T & I ENTERPRISE'S LTD (REGISTERED NUMBER: 12781289)
TRADING AS THE WHITBY WAY

BALANCE SHEET - continued
31 JULY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 January 2024 and were signed on its behalf by:




T Goldstone - Director



I Smith - Director


T & I ENTERPRISE'S LTD (REGISTERED NUMBER: 12781289)
TRADING AS THE WHITBY WAY

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1. STATUTORY INFORMATION

T & I Enterprise's 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 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.

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

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.

T & I ENTERPRISE'S LTD (REGISTERED NUMBER: 12781289)
TRADING AS THE WHITBY WAY

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 August 2022 6,879 10,074 - 16,953
Additions 1,160 - 429 1,589
At 31 July 2023 8,039 10,074 429 18,542
DEPRECIATION
At 1 August 2022 2,179 2,584 - 4,763
Charge for year 1,172 1,892 107 3,171
At 31 July 2023 3,351 4,476 107 7,934
NET BOOK VALUE
At 31 July 2023 4,688 5,598 322 10,608
At 31 July 2022 4,700 7,490 - 12,190

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 32,690 5,128

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Trade creditors 4,580 5,505
Taxation and social security 23,585 30,884
Other creditors 51,468 52,963
79,633 89,352

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.23 31.7.22
value: £    £   
100 Ordinary £1 100 100