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REGISTERED NUMBER: 08820329 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

FOR

TECHNICAL & DEVELOPMENT SERVICES
(SOUTH WEST) LIMITED

TECHNICAL & DEVELOPMENT SERVICES
(SOUTH WEST) LIMITED (REGISTERED NUMBER: 08820329)






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
(SOUTH WEST) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: R Farrow
S S Williams
S J Gill





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





REGISTERED NUMBER: 08820329 (England and Wales)





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

TECHNICAL & DEVELOPMENT SERVICES
(SOUTH WEST) LIMITED (REGISTERED NUMBER: 08820329)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,292 2,380

CURRENT ASSETS
Debtors 5 76,725 77,323
Cash at bank and in hand 100,678 194,938
177,403 272,261
CREDITORS
Amounts falling due within one year 6 37,464 77,711
NET CURRENT ASSETS 139,939 194,550
TOTAL ASSETS LESS CURRENT LIABILITIES 141,231 196,930

PROVISIONS FOR LIABILITIES 198 452
NET ASSETS 141,033 196,478

CAPITAL AND RESERVES
Called up share capital 84 83
Share premium 7 59,988 -
Capital redemption reserve 7 30 17
Retained earnings 7 80,931 196,378
SHAREHOLDERS' FUNDS 141,033 196,478

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
(SOUTH WEST) LIMITED (REGISTERED NUMBER: 08820329)

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 21st August 2023 and were signed on its behalf by:




R Farrow - Director



S S Williams - Director


TECHNICAL & DEVELOPMENT SERVICES
(SOUTH WEST) LIMITED (REGISTERED NUMBER: 08820329)

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

1. STATUTORY INFORMATION

Technical & Development Services (South West) 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.

Turnover
The company`s turnover represents the value, excluding value added tax, of goods and services supplied to customers during the period. None of the company`s turnover relates to exports.

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 - 15% on reducing balance
Computer equipment - 33% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st April 2022
and 31st March 2023 150 2,996 8,614 11,760
DEPRECIATION
At 1st April 2022 91 1,806 7,483 9,380
Charge for year 15 178 895 1,088
At 31st March 2023 106 1,984 8,378 10,468
NET BOOK VALUE
At 31st March 2023 44 1,012 236 1,292
At 31st March 2022 59 1,190 1,131 2,380

TECHNICAL & DEVELOPMENT SERVICES
(SOUTH WEST) LIMITED (REGISTERED NUMBER: 08820329)

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 68,432 71,084
Other debtors 8,293 6,239
76,725 77,323

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 4,092 3,914
Taxation and social security 29,620 69,704
Other creditors 3,752 4,093
37,464 77,711

7. RESERVES
Capital
Retained Share redemption
earnings premium reserve Totals
£    £    £    £   

At 1st April 2022 196,378 - 17 196,395
Profit for the year 65,813 65,813
Dividends (61,260 ) (61,260 )
Purchase of own shares (120,000 ) - 13 (119,987 )
Cash share issue - 59,988 - 59,988
At 31st March 2023 80,931 59,988 30 140,949

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £50,630 (2022 - £24,000) were paid to the directors .

During the year, the Company entered into transactions with related parties. All transactions were carried out at arms length.

The Company paid management fees amounting to £7,000 to Technical & Development Services Partners LLP and £5,000 to Technical & Development Services Ltd. The Company paid marketing support fees amounting to £2,740 to Technical & Development Services Partners LLP.

At the balance sheet date, the company was owed £6,989 from Technical & Development Services Partners LLP and owed £2,628 to Technical & Development Services Partners LLP.