IRIS Accounts Production v23.4.0.336 01483075 Board of Directors Board of Directors Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh014830752023-03-31014830752024-03-31014830752023-04-012024-03-31014830752022-03-31014830752022-04-012023-03-31014830752023-03-3101483075ns15:EnglandWales2023-04-012024-03-3101483075ns14:PoundSterling2023-04-012024-03-3101483075ns10:Director12023-04-012024-03-3101483075ns10:Director22023-04-012024-03-3101483075ns10:Director32023-04-012024-03-3101483075ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3101483075ns10:SmallEntities2023-04-012024-03-3101483075ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3101483075ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3101483075ns10:FullAccounts2023-04-012024-03-3101483075ns10:Director42023-04-012024-03-3101483075ns10:RegisteredOffice2023-04-012024-03-3101483075ns5:CurrentFinancialInstruments2024-03-3101483075ns5:CurrentFinancialInstruments2023-03-3101483075ns5:ShareCapital2024-03-3101483075ns5:ShareCapital2023-03-3101483075ns5:SharePremium2024-03-3101483075ns5:SharePremium2023-03-3101483075ns5:RevaluationReserve2024-03-3101483075ns5:RevaluationReserve2023-03-3101483075ns5:RetainedEarningsAccumulatedLosses2024-03-3101483075ns5:RetainedEarningsAccumulatedLosses2023-03-3101483075ns5:FurnitureFittings2023-04-012024-03-3101483075ns5:MotorVehicles2023-04-012024-03-3101483075ns5:LandBuildings2023-03-3101483075ns5:FurnitureFittings2023-03-3101483075ns5:MotorVehicles2023-03-3101483075ns5:LandBuildings2023-04-012024-03-3101483075ns5:LandBuildings2024-03-3101483075ns5:FurnitureFittings2024-03-3101483075ns5:MotorVehicles2024-03-3101483075ns5:LandBuildings2023-03-3101483075ns5:FurnitureFittings2023-03-3101483075ns5:MotorVehicles2023-03-3101483075ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3101483075ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3101483075ns5:RevaluationReserve2023-03-31
REGISTERED NUMBER: 01483075 (England and Wales)















TDR (MECHANICAL SERVICES) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






TDR (MECHANICAL SERVICES) LIMITED (REGISTERED NUMBER: 01483075)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


TDR (MECHANICAL SERVICES) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr P R Brown
Mr D Fern
Mr T W F Grainger
Mr L Jervis





REGISTERED OFFICE: Hartlebury Buildings
Tansey Green Road
Brierley Hill
West Midlands
DY5 4TL





REGISTERED NUMBER: 01483075 (England and Wales)





ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
TDR (MECHANICAL SERVICES) LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of TDR (Mechanical Services) Limited for the year ended 31 March 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of TDR (Mechanical Services) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of TDR (Mechanical Services) Limited and state those matters that we have agreed to state to the Board of Directors of TDR (Mechanical Services) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TDR (Mechanical Services) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that TDR (Mechanical Services) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of TDR (Mechanical Services) Limited. You consider that TDR (Mechanical Services) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of TDR (Mechanical Services) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


15 April 2024

TDR (MECHANICAL SERVICES) LIMITED (REGISTERED NUMBER: 01483075)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 389,479 384,917

CURRENT ASSETS
Stocks and work in progress 588,115 207,965
Debtors 5 288,362 293,948
Cash at bank and in hand 242,683 334,789
1,119,160 836,702
CREDITORS
Amounts falling due within one year 6 868,268 633,178
NET CURRENT ASSETS 250,892 203,524
TOTAL ASSETS LESS CURRENT
LIABILITIES

640,371

588,441

PROVISIONS FOR LIABILITIES 49,861 47,172
NET ASSETS 590,510 541,269

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 29,980 29,980
Revaluation reserve 7 70,000 70,000
Retained earnings 490,430 441,189
SHAREHOLDERS' FUNDS 590,510 541,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

TDR (MECHANICAL SERVICES) LIMITED (REGISTERED NUMBER: 01483075)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2024 and were signed on its behalf by:




Mr P R Brown - Director Mr D Fern - Director




Mr T W F Grainger - Director


TDR (MECHANICAL SERVICES) LIMITED (REGISTERED NUMBER: 01483075)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

TDR (Mechanical Services) 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net sales of goods/services, excluding value added tax

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

TDR (MECHANICAL SERVICES) LIMITED (REGISTERED NUMBER: 01483075)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and Motor
property fittings vehicles Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2023 240,000 9,047 183,286 432,333
Additions - - 50,806 50,806
Disposals - - (24,668 ) (24,668 )
At 31 March 2024 240,000 9,047 209,424 458,471
DEPRECIATION
At 1 April 2023 - 6,535 40,881 47,416
Charge for year - 629 38,959 39,588
Eliminated on disposal - - (18,012 ) (18,012 )
At 31 March 2024 - 7,164 61,828 68,992
NET BOOK VALUE
At 31 March 2024 240,000 1,883 147,596 389,479
At 31 March 2023 240,000 2,512 142,405 384,917

Cost or valuation at 31 March 2024 is represented by:

Fixtures
Freehold and Motor
property fittings vehicles Totals
£    £    £    £   
Valuation in 2022 70,000 - - 70,000
Cost 170,000 9,047 209,424 388,471
240,000 9,047 209,424 458,471

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 244,207 239,271
Other debtors 44,155 54,677
288,362 293,948

TDR (MECHANICAL SERVICES) LIMITED (REGISTERED NUMBER: 01483075)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 698,756 539,790
Taxation and social security 149,067 77,952
Other creditors 20,445 15,436
868,268 633,178

7. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 70,000