Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-31false2022-04-01No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22truetrue 12533628 2022-04-01 2023-03-31 12533628 2021-04-01 2022-03-31 12533628 2023-03-31 12533628 2022-03-31 12533628 c:Director1 2022-04-01 2023-03-31 12533628 d:CurrentFinancialInstruments 2023-03-31 12533628 d:CurrentFinancialInstruments 2022-03-31 12533628 d:Non-currentFinancialInstruments 2023-03-31 12533628 d:Non-currentFinancialInstruments 2022-03-31 12533628 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 12533628 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 12533628 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 12533628 d:Non-currentFinancialInstruments d:AfterOneYear 2022-03-31 12533628 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 12533628 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-03-31 12533628 d:ShareCapital 2023-03-31 12533628 d:ShareCapital 2022-03-31 12533628 d:RetainedEarningsAccumulatedLosses 2023-03-31 12533628 d:RetainedEarningsAccumulatedLosses 2022-03-31 12533628 c:OrdinaryShareClass1 2022-04-01 2023-03-31 12533628 c:OrdinaryShareClass1 2023-03-31 12533628 c:OrdinaryShareClass2 2022-04-01 2023-03-31 12533628 c:OrdinaryShareClass2 2023-03-31 12533628 c:OrdinaryShareClass3 2022-04-01 2023-03-31 12533628 c:OrdinaryShareClass3 2022-03-31 12533628 c:FRS102 2022-04-01 2023-03-31 12533628 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 12533628 c:FullAccounts 2022-04-01 2023-03-31 12533628 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 12533628









TLP MALTINGS LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
TLP MALTINGS LTD
REGISTERED NUMBER: 12533628

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2023

2023
2022
Note
£
£

  

Current assets
  

Stocks
 4 
-
903,440

Debtors: amounts falling due within one year
 5 
101,262
33,200

  
101,262
936,640

Creditors: amounts falling due within one year
 6 
(5,519)
(569,717)

Net current assets
  
 
 
95,743
 
 
366,923

Total assets less current liabilities
  
95,743
366,923

Creditors: amounts falling due after more than one year
 7 
-
(600,000)

  

Net assets/(liabilities)
  
95,743
(233,077)


Capital and reserves
  

Called up share capital 
 9 
2
2

Profit and loss account
  
95,741
(233,079)

  
95,743
(233,077)

Page 1

 
TLP MALTINGS LTD
REGISTERED NUMBER: 12533628
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MARCH 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




S J Silverstone
Director

Date: 7 March 2024

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
TLP MALTINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

TLP Maltings Limited is a private company limited by shares and incorporated in England & Wales (registered number 12533628).The registered office is 104a Park Street, London, United Kingdom, W1K 6NG. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
TLP MALTINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).

Page 4

 
TLP MALTINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Stocks

2023
2022
£
£

Stocks
-
903,440

-
903,440



5.


Debtors

2023
2022
£
£


Trade debtors
525
2,297

Amounts owed by related undertakings
80,052
26,843

Other debtors
20,685
-

Prepayments and accrued income
-
4,060

101,262
33,200



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to related undertakings
-
167,602

Corporation tax
2,520
-

Other creditors
450
345,664

Accruals and deferred income
2,549
56,451

5,519
569,717



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
-
600,000

-
600,000


Page 5

 
TLP MALTINGS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Loans



2023
2022
£
£



Amounts falling due 2-5 years

Bank loans
-
600,000


-
600,000


-
600,000


The loan is secured by way of a fixed charge over the Company's stock, dated 24 September 2020.


9.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



1 (2022 -0 ) A Ordinary share of £1.00
1
-
1 (2022 -0) B Ordinary share of £1.00
1
-
0 (2022 - 2) Ordinary shares of £1.00 each
-
2

2

2


 
Page 6