Company Registration No. SC469367 (Scotland)
Tonto Construction Limited
Unaudited accounts
for the year ended 28 February 2023
Tonto Construction Limited
Unaudited accounts
Contents
Tonto Construction Limited
Company Information
for the year ended 28 February 2023
Directors
Marcin Stanislaw Chrypko
Agnieszka Andzelika Chrypko
Company Number
SC469367 (Scotland)
Registered Office
40a Speirs Wharf
Glasgow
G4 9TH
Scotland
Accountants
TaxKings Ltd
4th Floor, 176 Bath Street
Glasgow
G2 4HG
Tonto Construction Limited
Statement of financial position
as at 28 February 2023
Tangible assets
7,013
12,625
Cash at bank and in hand
11,138
16,835
Creditors: amounts falling due within one year
(93,914)
(60,715)
Net current (liabilities)/assets
(14,526)
40,203
Total assets less current liabilities
(7,513)
52,828
Creditors: amounts falling due after more than one year
-
(56,817)
Net liabilities
(7,513)
(3,989)
Called up share capital
1,000
1,000
Profit and loss account
(8,513)
(4,989)
Shareholders' funds
(7,513)
(3,989)
For the year ending 28 February 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 directors acknowledge their 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 of Directors and authorised for issue on 19 January 2024 and were signed on its behalf by
Marcin Stanislaw Chrypko
Director
Company Registration No. SC469367
Tonto Construction Limited
Notes to the Accounts
for the year ended 28 February 2023
Tonto Construction Limited is a private company, limited by shares, registered in Scotland, registration number SC469367. The registered office is 40a Speirs Wharf, Glasgow, G4 9TH, Scotland.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
2,563
17,500
-
20,063
At 28 February 2023
2,563
17,500
1,360
21,423
At 1 March 2022
1,238
6,200
-
7,438
Charge for the year
982
5,650
340
6,972
At 28 February 2023
2,220
11,850
340
14,410
At 28 February 2023
343
5,650
1,020
7,013
At 28 February 2022
1,325
11,300
-
12,625
Amounts falling due within one year
Trade debtors
37,500
37,500
Amounts falling due after more than one year
Other debtors
24,000
34,000
Tonto Construction Limited
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
38,496
-
Taxes and social security
12,445
3,939
Loans from directors
31,077
37,254
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
11,767
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Average number of employees
During the year the average number of employees was 1 (2022: 1).