Registered Number:07274847 |
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
T Turner Contracting Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
1,974
2,632
2
1,974
2,632
Trade and other receivables |
12,713
5,415
3
5,415
12,713
Trade and other payables: amounts falling due within one |
year |
(15,051)
(17,625)
4
(2,338)
(12,210)
Net current liabilities
Total assets less current liabilities |
(10,236)
294
(10,236)
Net assets/liabilities
294
1
1
(10,237)
293
(10,236)
294
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 05 February 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 June 2023
T Turner Contracting Ltd
Notes to the Financial Statements
Statutory Information
T Turner Contracting Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 07274847. |
1 Jackman Church End
Shalford
Braintree
Essex
CM7 5WS
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
2. Property, plant and equipment |
Motor vehicles
27,023
20,500
6,523
6,523
20,500
27,023
Provision for depreciation and impairment |
24,391
19,711
4,680
Charge for year
658
197
461
25,049
19,908
5,141
1,382
592
1,974
1,843
789
2,632
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For the year ended 30 June 2023
T Turner Contracting Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables |
2022
2023
-
5,000
Amounts owed by directors |
5,415
7,713
12,713
5,415
4. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
16,775
14,201
Accruals and deferred income |
850
850
17,625
15,051
5. Related party transactions |
The company is jointly controlled by the Director T. Turner who holds 100% of the voting rights of the company. |
During the period the Director T.Turner was paid interim dividends in the sum of £25,000 (2022 £22,000). |
6. Directors advances and guarantees |
Loaned
Repaid
T.D.Turner
Director Loan Advance - Interest Free |
5,415
7,713
5,415
7,713
5,415
7,713
5,415
7,713
7. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 1)
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