Caseware UK (AP4) 2022.0.179 2022.0.179 02022-01-01The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falseNo description of principal activity0falsetrue 07199065 2022-01-01 2022-12-31 07199065 2021-01-01 2021-12-31 07199065 2022-12-31 07199065 2021-12-31 07199065 c:Director2 2022-01-01 2022-12-31 07199065 d:CurrentFinancialInstruments 2022-12-31 07199065 d:CurrentFinancialInstruments 2021-12-31 07199065 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 07199065 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 07199065 d:ShareCapital 2022-12-31 07199065 d:ShareCapital 2021-12-31 07199065 d:RetainedEarningsAccumulatedLosses 2022-12-31 07199065 d:RetainedEarningsAccumulatedLosses 2021-12-31 07199065 c:FRS102 2022-01-01 2022-12-31 07199065 c:IndependentExaminationCharity 2022-01-01 2022-12-31 07199065 c:FullAccounts 2022-01-01 2022-12-31 07199065 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 07199065 e:PoundSterling 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 07199065










TANSLEY WOOD MILLS LIMITED










Financial statements

Information for filing with the registrar

For the Year Ended 31 December 2022

 
TANSLEY WOOD MILLS LIMITED
Registered number: 07199065

Balance Sheet
As at 31 December 2022

2022
2021
Note
£
£

  

Current assets
  

Stocks
 4 
3,135,533
3,129,157

Cash at bank and in hand
 5 
75
75

  
3,135,608
3,129,232

Creditors: amounts falling due within one year
 6 
(3,141,349)
(3,134,032)

Net current liabilities
  
 
 
(5,741)
 
 
(4,800)

Total assets less current liabilities
  
(5,741)
(4,800)

  

Net liabilities
  
(5,741)
(4,800)


Capital and reserves
  

Called up share capital 
  
75
75

Profit and loss account
  
(5,816)
(4,875)

  
(5,741)
(4,800)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 March 2024.




R Wright
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
TANSLEY WOOD MILLS LIMITED
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2022

1.


General information

Tansley Wood Mills Limited is a private company limited by shares and incorporated in the United Kingdom. The address of the registered office and place of business is given in the company information of these financial statements. The company's registration number is 07199065.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The financial statements are presented in Sterling which is the functional currency of the company.

The following principal accounting policies have been applied:

 
2.2

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.3

Stocks

Work in progress is valued at the lower of cost and net realisable value.
Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The Company has no employees other than the directors, who did not receive any remuneration (2021 - £NIL).

Page 2

 
TANSLEY WOOD MILLS LIMITED
 

 
Notes to the Financial Statements
For the Year Ended 31 December 2022

4.


Stocks

2022
2021
£
£

Work in progress (goods to be sold)
3,135,533
3,129,157

3,135,533
3,129,157



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
75
75

75
75



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Corporation tax
941
-

Other creditors
3,140,408
3,134,032

3,141,349
3,134,032



7.


Related party transactions

The directors now control the company following the sub-division of shares on 25 January 2022. Within other creditors there is an amount owing to the former parent company of £3,140,408 as a result of the former parent company making payments of £6,376 on the company's behalf.


Page 3