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REGISTERED NUMBER: 13572480 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

TSD INTERIOR AND EXTERIOR LTD

TSD INTERIOR AND EXTERIOR LTD (REGISTERED NUMBER: 13572480)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TSD INTERIOR AND EXTERIOR LTD

Company Information
for the Year Ended 31 August 2023







DIRECTORS: T Smart
J Baulcombe





REGISTERED OFFICE: Unit A6 Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH





REGISTERED NUMBER: 13572480 (England and Wales)





ACCOUNTANTS: MDJ Services Limited
Unit A6
Chaucer Business Park
Dittons Road
Polegate
East Sussex
BN26 6QH

TSD INTERIOR AND EXTERIOR LTD (REGISTERED NUMBER: 13572480)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,666 1,125

CURRENT ASSETS
Debtors 5 80,836 40,820
Cash at bank 17,890 7,544
98,726 48,364
CREDITORS
Amounts falling due within one year 6 22,429 20,458
NET CURRENT ASSETS 76,297 27,906
TOTAL ASSETS LESS CURRENT
LIABILITIES

122,963

29,031

CREDITORS
Amounts falling due after more than one year 7 (52,409 ) (9,000 )

PROVISIONS FOR LIABILITIES (8,867 ) (214 )
NET ASSETS 61,687 19,817

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 61,587 19,717
SHAREHOLDERS' FUNDS 61,687 19,817

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

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

TSD INTERIOR AND EXTERIOR LTD (REGISTERED NUMBER: 13572480)

Balance Sheet - continued
31 August 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 1 February 2024 and were signed on its behalf by:





T Smart - Director


TSD INTERIOR AND EXTERIOR LTD (REGISTERED NUMBER: 13572480)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

TSD Interior And Exterior 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

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.

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 (2022 - 2 ) .

TSD INTERIOR AND EXTERIOR LTD (REGISTERED NUMBER: 13572480)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 September 2022 1,500 - - 1,500
Additions - 60,603 552 61,155
At 31 August 2023 1,500 60,603 552 62,655
DEPRECIATION
At 1 September 2022 375 - - 375
Charge for year 281 15,151 182 15,614
At 31 August 2023 656 15,151 182 15,989
NET BOOK VALUE
At 31 August 2023 844 45,452 370 46,666
At 31 August 2022 1,125 - - 1,125

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 39,395
At 31 August 2023 39,395
DEPRECIATION
Charge for year 9,849
At 31 August 2023 9,849
NET BOOK VALUE
At 31 August 2023 29,546

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 39,865 31,256
Other debtors 22,760 -
Tax 15,951 9,089
VAT 2,260 475
80,836 40,820

TSD INTERIOR AND EXTERIOR LTD (REGISTERED NUMBER: 13572480)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 4,819 2,400
Hire purchase contracts 7,732 -
Trade creditors 708 -
Tax 6,453 8,596
Other creditors - 4,000
Directors' current accounts 1,067 4,062
Accrued expenses 1,650 1,400
22,429 20,458

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans - 1-2 years 5,126 2,400
Bank loans - 2-5 years 14,634 6,600
Bank loans more 5 yr by instal 4,786 -
Hire purchase contracts 27,863 -
52,409 9,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,786 -

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.23 31.8.22
£    £   
Hire purchase contracts 35,595 -

The above liability is secured against the asset to which it relates.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.23 31.8.22
value: £    £   
100 Ordinary £1 100 100