1 February 2023 false No description of principal activity Taxfiler 2023.10 08385558business:PrivateLimitedCompanyLtd2023-02-012024-01-31 083855582023-01-31 083855582023-02-012024-01-31 08385558business:AuditExemptWithAccountantsReport2023-02-012024-01-31 08385558business:FilletedAccounts2023-02-012024-01-31 083855582024-01-31 08385558business:Director12023-02-012024-01-31 08385558business:RegisteredOffice2023-02-012024-01-31 083855582023-01-31 08385558core:WithinOneYear2024-01-31 08385558core:WithinOneYear2023-01-31 08385558core:AfterOneYear2024-01-31 08385558core:AfterOneYear2023-01-31 08385558core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 08385558core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 08385558core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 08385558core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 08385558core:PreviouslyStatedAmount2024-01-31 08385558core:PreviouslyStatedAmount2023-01-31 08385558business:SmallEntities2023-02-012024-01-31 08385558countries:EnglandWales2023-02-012024-01-31 08385558core:PlantMachinery2023-02-012024-01-31 08385558core:MotorVehicles2023-01-31 08385558core:MotorVehicles2024-01-31 08385558core:MotorVehicles2023-02-012024-01-31 08385558business:OrdinaryShareClass12023-02-012024-01-31 08385558business:OrdinaryShareClass12022-02-012023-01-31 083855582022-02-012023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08385558 (England and Wales)
TAX SHOP ACCOUNTANTS LTD Unaudited accounts for the year ended 31 January 2024
TAX SHOP ACCOUNTANTS LTD Unaudited accounts Contents
Page
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TAX SHOP ACCOUNTANTS LTD Company Information for the year ended 31 January 2024
Director
MR D OXBERRY
Company Number
08385558 (England and Wales)
Registered Office
North East BIC Wearfield Sunderland Enterprise Park Sunderland Tyne and Wear SR5 2TA England
Accountants
TAX SHOP ACCOUNTANTS LTD North East BIC Wearfield SUNDERLAND TYNE AND WEAR SR5 2TA
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TAX SHOP ACCOUNTANTS LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
3 
Current assets
Debtors
17,053 
16,950 
Cash at bank and in hand
127,191 
118,669 
144,244 
135,619 
Creditors: amounts falling due within one year
(1,942)
(2,608)
Net current assets
142,302 
133,011 
Total assets less current liabilities
142,302 
133,014 
Creditors: amounts falling due after more than one year
(10,298)
(10,000)
Net assets
132,004 
123,014 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
132,003 
123,013 
Shareholders' funds
132,004 
123,014 
For the year ending 31 January 2024 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 25 February 2024 and were signed on its behalf by
MR D OXBERRY Director Company Registration No. 08385558
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TAX SHOP ACCOUNTANTS LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
TAX SHOP ACCOUNTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 08385558. The registered office is North East BIC, Wearfield, Sunderland Enterprise Park, Sunderland, Tyne and Wear, SR5 2TA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
Plant & machinery
20% Straight line
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2023
13,728 
At 31 January 2024
13,728 
Depreciation
At 1 February 2023
13,725 
Charge for the year
3 
At 31 January 2024
13,728 
Net book value
At 31 January 2024
- 
At 31 January 2023
3 
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TAX SHOP ACCOUNTANTS LTD Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
103 
- 
Other debtors
16,950 
16,950 
17,053 
16,950 
Socks and shares Fund account
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,942 
2,608 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
10,000 
10,000 
Other creditors
(362)
- 
Deferred income
660 
- 
10,298 
10,000 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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