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REGISTERED NUMBER: 08457389 (England and Wales)















TSF CONSTRUCTIONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






TSF CONSTRUCTIONS LIMITED (REGISTERED NUMBER: 08457389)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


TSF CONSTRUCTIONS LIMITED

COMPANY INFORMATION
For The Year Ended 31 March 2023







DIRECTOR: L Lotti





REGISTERED OFFICE: Milton Gate
60 Chiswell Street
London
EC1Y 4AG





REGISTERED NUMBER: 08457389 (England and Wales)





AUDITORS: Hilden Park Accountants Limited
Chartered Accountants
& Statutory Auditors
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH

TSF CONSTRUCTIONS LIMITED (REGISTERED NUMBER: 08457389)

ABRIDGED BALANCE SHEET
31 March 2023

31/3/23 31/3/22
£    £   
CURRENT ASSETS
Debtors 156,970 192,749
Cash at bank 24,383 14,092
181,353 206,841
CREDITORS
Amounts falling due within one year 2,544,905 2,507,839
NET CURRENT LIABILITIES (2,363,552 ) (2,300,998 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(2,363,552

)

(2,300,998

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (2,363,553 ) (2,300,999 )
(2,363,552 ) (2,300,998 )

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 March 2024 and were signed by:





L Lotti - Director


TSF CONSTRUCTIONS LIMITED (REGISTERED NUMBER: 08457389)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2023


1. STATUTORY INFORMATION

TSF Constructions 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
At the time of approving the financial statements , the directors have a reasonable expectation that the
company has adequate resources to continue in operational existence for the foreseeable future and has the full support of the parent company in order to do so. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax, from the provision of electricity generation through solar power during the period. Turnover is recognised according to the stage of completion of the contract to which it relates. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

TSF CONSTRUCTIONS LIMITED (REGISTERED NUMBER: 08457389)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2023


2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

4. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

P K Matthews (Senior Statutory Auditor)
for and on behalf of Hilden Park Accountants Limited

5. ULTIMATE CONTROLLING PARTY

The company is a 100% owned subsidiary of Trina Solar (Luxembourg) Overseas Systems S.A.R.L., a company registered in Luxembourg.

The ultimate parent company of the company is Trina Solar Limited, a company registered in China. Copies of the consolidated financial statements of Trina Solar Limited can be obtained from No.2 Tianhe Road, Trina PV Industrial Park, New District, Changzhou Jiangsu 213031 People's Republic of China.