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REGISTERED NUMBER: 10261016 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Tavani & Humphrey Ltd

Tavani & Humphrey Ltd (Registered number: 10261016)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Tavani & Humphrey Ltd

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr A Humphrey





SECRETARY: Mr A Humphrey





REGISTERED OFFICE: The Rifleman
Camden Road
Sevenoaks
TN13 3LZ





REGISTERED NUMBER: 10261016 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Tavani & Humphrey Ltd (Registered number: 10261016)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,409 10,295

CURRENT ASSETS
Stocks 11,751 9,000
Debtors 5 2,115 2,115
Cash at bank 2,946 14,816
16,812 25,931
CREDITORS
Amounts falling due within one year 6 22,971 32,068
NET CURRENT LIABILITIES (6,159 ) (6,137 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,250

4,158

CREDITORS
Amounts falling due after more than one year 7 42,898 35,197
NET LIABILITIES (27,648 ) (31,039 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (27,748 ) (31,139 )
(27,648 ) (31,039 )

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 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.

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 7 December 2023 and were signed by:




Mr A Humphrey - Director


Tavani & Humphrey Ltd (Registered number: 10261016)

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

1. STATUTORY INFORMATION

Tavani & Humphrey 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
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Tavani & Humphrey Ltd (Registered number: 10261016)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2022 8,849 11,065 - - 19,914
Additions 631 716 12,144 2,268 15,759
Disposals - (316 ) - - (316 )
At 31 July 2023 9,480 11,465 12,144 2,268 35,357
DEPRECIATION
At 1 August 2022 6,533 3,086 - - 9,619
Charge for year 962 2,138 759 496 4,355
Eliminated on disposal - (26 ) - - (26 )
At 31 July 2023 7,495 5,198 759 496 13,948
NET BOOK VALUE
At 31 July 2023 1,985 6,267 11,385 1,772 21,409
At 31 July 2022 2,316 7,979 - - 10,295

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Other debtors 2,115 2,115

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans and overdrafts 6,060 10,648
Hire purchase contracts 2,957 -
Taxation and social security 2,645 4,749
Other creditors 11,309 16,671
22,971 32,068

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.23 31.7.22
£    £   
Bank loans 32,811 35,197
Hire purchase contracts 10,087 -
42,898 35,197

8. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £32,158.62