Company Registration No. 02916526 (England and Wales)
TOTAL TENSION SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 March 2023
TOTAL TENSION SOLUTIONS LIMITED
Unaudited accounts
Contents
TOTAL TENSION SOLUTIONS LIMITED
Company Information
for the year ended 31 March 2023
Company Number
02916526 (England and Wales)
Registered Office
17 HIGH STREET
OLNEY
MK46 4EB
ENGLAND
TOTAL TENSION SOLUTIONS LIMITED
Statement of financial position
as at 31 March 2023
Intangible assets
26,767
30,068
Tangible assets
43,336
57,781
Cash at bank and in hand
90,151
75,125
Creditors: amounts falling due within one year
(113,354)
(103,155)
Net current assets
200,634
97,840
Total assets less current liabilities
309,737
224,689
Creditors: amounts falling due after more than one year
(80,295)
(96,792)
Provisions for liabilities
Other provisions
(938)
(938)
Net assets
228,504
126,959
Called up share capital
100
100
Profit and loss account
225,926
124,381
Shareholders' funds
228,504
126,959
For the year ending 31 March 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 1 December 2023 and were signed on its behalf by
John Tyrrell
Director
Company Registration No. 02916526
TOTAL TENSION SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
TOTAL TENSION SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02916526. The registered office is 17 HIGH STREET, OLNEY, MK46 4EB, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
4
Intangible fixed assets
Goodwill
Other
Total
At 1 April 2022
23,000
10,010
33,010
At 31 March 2023
23,000
10,010
33,010
At 1 April 2022
2,608
334
2,942
Charge for the year
2,300
1,001
3,301
At 31 March 2023
4,908
1,335
6,243
At 31 March 2023
18,092
8,675
26,767
At 31 March 2022
20,392
9,676
30,068
TOTAL TENSION SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2022
74,285
16,092
90,377
At 31 March 2023
74,285
16,092
90,377
At 1 April 2022
25,556
7,040
32,596
Charge for the year
12,182
2,263
14,445
At 31 March 2023
37,738
9,303
47,041
At 31 March 2023
36,547
6,789
43,336
At 31 March 2022
48,729
9,052
57,781
6
Investments
Other investments
Valuation at 1 April 2022
39,000
Valuation at 31 March 2023
39,000
Amounts falling due within one year
Trade debtors
135,296
59,267
8
Creditors: amounts falling due within one year
2023
2022
Trade creditors
65,035
38,300
Taxes and social security
32,397
1,524
Loans from directors
-
50,000
9
Creditors: amounts falling due after more than one year
2023
2022
10
Average number of employees
During the year the average number of employees was 3 (2022: 2).