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REGISTERED NUMBER: 10833438 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

FOR

TECHNICAL & DEVELOPMENT SERVICES
HOLDINGS LTD

TECHNICAL & DEVELOPMENT SERVICES
HOLDINGS LTD (REGISTERED NUMBER: 10833438)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TECHNICAL & DEVELOPMENT SERVICES
HOLDINGS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: R Farrow
M C Donohue





REGISTERED OFFICE: Venture Court
2 Debdale Road
Wellingborough
Northamptonshire
NN8 5AA





REGISTERED NUMBER: 10833438 (England and Wales)





ACCOUNTANTS: ISIS Business Solutions (Northants) LLP
Venture Court
2 Debdale Road
Wellingborough
Northamptonshire
NN8 5AA

TECHNICAL & DEVELOPMENT SERVICES
HOLDINGS LTD (REGISTERED NUMBER: 10833438)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 8,915 17,153
Investments 6 1,102,630 1,102,630
Cash at bank and in hand 265,279 247,358
1,376,824 1,367,141
CREDITORS
Amounts falling due within one year 7 2,346 13,877
NET CURRENT ASSETS 1,374,478 1,353,264
TOTAL ASSETS LESS CURRENT LIABILITIES 1,374,478 1,353,264

CAPITAL AND RESERVES
Called up share capital 11 11
Share premium 686,097 686,097
Retained earnings 688,370 667,156
SHAREHOLDERS' FUNDS 1,374,478 1,353,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

TECHNICAL & DEVELOPMENT SERVICES
HOLDINGS LTD (REGISTERED NUMBER: 10833438)

BALANCE SHEET - continued
31ST MARCH 2023


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 1st November 2023 and were signed on its behalf by:




R Farrow - Director



M C Donohue - Director


TECHNICAL & DEVELOPMENT SERVICES
HOLDINGS LTD (REGISTERED NUMBER: 10833438)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Technical & Development Services Holdings Ltd 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Technical & Development Services Group Ltd
Registered office:
Nature of business: Holding company
%
Class of shares: holding
Ordinary 100.00
2023 2022
£    £   
Aggregate capital and reserves (3,962 ) (3,962 )
Profit for the year 295,000 333,000

TECHNICAL & DEVELOPMENT SERVICES
HOLDINGS LTD (REGISTERED NUMBER: 10833438)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 595
Amounts owed by group undertakings 4,216 4,216
Other debtors 4,699 12,342
8,915 17,153

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Shares in group undertakings 1,102,630 1,102,630

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,591 13,122
Other creditors 755 755
2,346 13,877

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £40,000 (2022 - £5,500) were paid to the directors .

During the year the company entered into transactions with related parties. All transactions were carried out at arm's length.

The Company paid management fees amounting to £88,000 to Technical & Development Services Ltd

The Company paid rent amounting to £3,350 to RN Property Partnership LLP.

At the balance sheet date, the Company was owed £4,216 from Technical & Development Services Group Ltd.

The Company received dividends amounting to £105,000 from Technical & Development Services (Northern) Ltd and £190,000 from Technical & Development Services (Southern) Ltd.