Company Registration No. 05830657 (England and Wales)
J T TANK & FORECOURT INSTALLATIONS LIMITED
Unaudited accounts
for the year ended 31 May 2023
J T TANK & FORECOURT INSTALLATIONS LIMITED
Unaudited accounts
Contents
J T TANK & FORECOURT INSTALLATIONS LIMITED
Company Information
for the year ended 31 May 2023
Director
Jason Elliott Tolliday
Company Number
05830657 (England and Wales)
Registered Office
SPRINGHILL CLEOBURY ROAD
FAR FOREST
KIDDERMINSTER
DY14 9TE
ENGLAND
J T TANK & FORECOURT INSTALLATIONS LIMITED
Statement of financial position
as at 31 May 2023
Tangible assets
316,910
199,646
Cash at bank and in hand
288,132
332,926
Creditors: amounts falling due within one year
(62,019)
(123,190)
Net current assets
246,993
240,266
Total assets less current liabilities
563,903
439,912
Creditors: amounts falling due after more than one year
(78,386)
(35,064)
Net assets
485,517
404,848
Called up share capital
1
1
Profit and loss account
485,516
404,847
Shareholders' funds
485,517
404,848
For the year ending 31 May 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 4 December 2023 and were signed on its behalf by
Jason Elliott Tolliday
Director
Company Registration No. 05830657
J T TANK & FORECOURT INSTALLATIONS LIMITED
Notes to the Accounts
for the year ended 31 May 2023
J T TANK & FORECOURT INSTALLATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05830657. The registered office is SPRINGHILL CLEOBURY ROAD, FAR FOREST, KIDDERMINSTER, DY14 9TE, 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.
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:
Motor vehicles
25% Straight Line
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2022
3,094
358,836
280
4,030
366,240
Additions
-
216,278
-
-
216,278
At 31 May 2023
3,094
575,114
280
4,030
582,518
At 1 June 2022
3,094
159,276
280
3,944
166,594
Charge for the year
-
98,928
-
86
99,014
At 31 May 2023
3,094
258,204
280
4,030
265,608
At 31 May 2023
-
316,910
-
-
316,910
At 31 May 2022
-
199,560
-
86
199,646
J T TANK & FORECOURT INSTALLATIONS LIMITED
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
6,897
6,897
Taxes and social security
57,089
122,219
Other creditors
(12,640)
(3,682)
Loans from directors
7,917
(5,000)
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
78,386
35,064
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 19 (2022: 16).