IRIS Accounts Production v23.3.1.45 12475829 Board of Directors 1.7.22 30.6.23 30.6.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124758292022-06-30124758292023-06-30124758292022-07-012023-06-30124758292021-06-30124758292021-07-012022-06-30124758292022-06-3012475829ns10:Originalns15:EnglandWales2022-07-012023-06-3012475829ns14:PoundSterlingns10:Original2022-07-012023-06-3012475829ns10:Originalns10:Director12022-07-012023-06-3012475829ns10:Original2022-07-012023-06-3012475829ns10:Original2023-06-3012475829ns10:Originalns10:PrivateLimitedCompanyLtd2022-07-012023-06-3012475829ns10:Originalns10:SmallEntities2022-07-012023-06-3012475829ns10:Originalns10:AuditExempt-NoAccountantsReport2022-07-012023-06-3012475829ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-07-012023-06-3012475829ns10:SmallCompaniesRegimeForAccountsns10:Original2022-07-012023-06-3012475829ns10:Originalns10:FullAccounts2022-07-012023-06-3012475829ns10:Originalns10:Director22022-07-012023-06-3012475829ns10:Originalns10:RegisteredOffice2022-07-012023-06-3012475829ns10:Original2022-06-3012475829ns10:Originalns5:CurrentFinancialInstruments2023-06-3012475829ns10:Originalns5:CurrentFinancialInstruments2022-06-3012475829ns10:Originalns5:Non-currentFinancialInstruments2023-06-3012475829ns10:Originalns5:Non-currentFinancialInstruments2022-06-3012475829ns5:ShareCapitalns10:Original2023-06-3012475829ns5:ShareCapitalns10:Original2022-06-3012475829ns10:Originalns5:SharePremium2023-06-3012475829ns10:Originalns5:SharePremium2022-06-3012475829ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-06-3012475829ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-06-3012475829ns10:Original2021-07-012022-06-3012475829ns10:Originalns5:CostValuation2022-06-30
REGISTERED NUMBER: 12475829 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

TCS Contracts Holdings Limited

TCS Contracts Holdings Limited (Registered number: 12475829)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TCS Contracts Holdings Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: P Sanghera
M Richards





REGISTERED OFFICE: 2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY





REGISTERED NUMBER: 12475829 (England and Wales)





ACCOUNTANTS: Morley & Co (UK) Ltd
Chartered Certified Accountants,
2 Cricklade Court
Old Town
Swindon
Wiltshire
SN1 3EY

TCS Contracts Holdings Limited (Registered number: 12475829)

Balance Sheet
30 June 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 258,720 258,720

CURRENT ASSETS
Debtors 5 165,472 168,635
Cash at bank and in hand 33,514 3,398
198,986 172,033
CREDITORS
Amounts falling due within one year 6 39,729 10,889
NET CURRENT ASSETS 159,257 161,144
TOTAL ASSETS LESS CURRENT
LIABILITIES

417,977

419,864

CREDITORS
Amounts falling due after more than one
year

7

339,300

412,411
NET ASSETS 78,677 7,453

CAPITAL AND RESERVES
Called up share capital 638 638
Share premium 1,762 1,762
Retained earnings 76,277 5,053
78,677 7,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

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

TCS Contracts Holdings Limited (Registered number: 12475829)

Balance Sheet - continued
30 June 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 20 February 2024 and were signed on its behalf by:





P Sanghera - Director


TCS Contracts Holdings Limited (Registered number: 12475829)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

TCS Contracts Holdings Limited 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Financial instruments
Basic financial instruments, including trade and other receivables and payables, cash and bank balances, bank loans and loans to or from other group companies are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

TCS Contracts Holdings Limited (Registered number: 12475829)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 July 2022
and 30 June 2023 258,720
NET BOOK VALUE
At 30 June 2023 258,720
At 30 June 2022 258,720

5. DEBTORS
2023 2022
£    £   
Amounts falling due within one year:
Directors' current accounts 98,472 101,635

Amounts falling due after more than one year:
Amounts owed by associates 67,000 67,000

Aggregate amounts 165,472 168,635

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,648 9,650
Taxation and social security - 40
Other creditors 29,081 1,199
39,729 10,889

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 24,185 34,830
Amounts owed to group undertakings 271,757 274,223
Other creditors 43,358 103,358
339,300 412,411

TCS Contracts Holdings Limited (Registered number: 12475829)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, M Richards owed £98,472 to the company by way of a Director's loan.

Interest has been charged on overdrawn balances at the HMRC approved rates during the year.