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Company Registration No. 12237826 (England and Wales)
TC Utilities Ltd Unaudited accounts for the year ended 31 October 2023
TC Utilities Ltd Unaudited accounts Contents
Page
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TC Utilities Ltd Company Information for the year ended 31 October 2023
Director
Tony Smith
Company Number
12237826 (England and Wales)
Registered Office
4 South Park Jacobstow Bude Cornwall EX23 0BW UK
Accountants
ALAN DICKERSON St Elia Penstowe Road Bude Cornwall EX23 9QT
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TC Utilities Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,105,684 
524,852 
Current assets
Debtors
223,079 
172,908 
Cash at bank and in hand
966,650 
984,217 
1,189,729 
1,157,125 
Creditors: amounts falling due within one year
(353,480)
(266,163)
Net current assets
836,249 
890,962 
Net assets
1,941,933 
1,415,814 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
1,941,923 
1,415,804 
Shareholders' funds
1,941,933 
1,415,814 
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 March 2024 and were signed on its behalf by
Tony Smith Director Company Registration No. 12237826
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TC Utilities Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
TC Utilities Ltd is a private company, limited by shares, registered in England and Wales, registration number 12237826. The registered office is 4 South Park, Jacobstow, Bude, Cornwall, EX23 0BW, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5%
Plant & machinery
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
100%
Other tangible fixed assets
20%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 November 2022
- 
692,467 
41,057 
5,587 
739,111 
Additions
448,493 
224,082 
104,553 
1,065 
778,193 
Disposals
- 
(6,000)
(41,057)
- 
(47,057)
At 31 October 2023
448,493 
910,549 
104,553 
6,652 
1,470,247 
Depreciation
At 1 November 2022
- 
192,614 
20,528 
1,117 
214,259 
Charge for the year
- 
143,587 
26,138 
1,107 
170,832 
On disposals
- 
- 
(20,528)
- 
(20,528)
At 31 October 2023
- 
336,201 
26,138 
2,224 
364,563 
Net book value
At 31 October 2023
448,493 
574,348 
78,415 
4,428 
1,105,684 
At 31 October 2022
- 
499,853 
20,529 
4,470 
524,852 
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TC Utilities Ltd Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
217,870 
116,156 
Accrued income and prepayments
5,209 
56,752 
223,079 
172,908 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,745 
1,323 
VAT
122,240 
- 
Trade creditors
65,388 
64,417 
Taxes and social security
150,932 
192,578 
Other creditors
4,726 
2,750 
Loans from directors
5,799 
3,122 
Accruals
1,650 
1,973 
353,480 
266,163 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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