Company Registration No. 06950880 (England and Wales)
Tiverton & Taunton Flooring Limited
Unaudited accounts
for the year ended 30 June 2023
Tiverton & Taunton Flooring Limited
Unaudited accounts
Contents
Tiverton & Taunton Flooring Limited
Company Information
for the year ended 30 June 2023
Company Number
06950880 (England and Wales)
Registered Office
39 BAMPTON STREET
TIVERTON
DEVON
EX16 6AH
Accountants
Monksilver GP Ltd
The Old Schoolhouse
Monksilver
Taunton
Somerset
TA4 4HY
Tiverton & Taunton Flooring Limited
Statement of financial position
as at 30 June 2023
Tangible assets
19,127
17,325
Cash at bank and in hand
196,105
217,966
Creditors: amounts falling due within one year
(107,767)
(69,133)
Net current assets
275,289
304,119
Total assets less current liabilities
294,416
321,444
Creditors: amounts falling due after more than one year
(28,877)
(39,784)
Net assets
265,539
281,660
Called up share capital
1
1
Profit and loss account
265,538
281,659
Shareholders' funds
265,539
281,660
For the year ending 30 June 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 13 March 2024 and were signed on its behalf by
Mr Hal White
Director
Company Registration No. 06950880
Tiverton & Taunton Flooring Limited
Notes to the Accounts
for the year ended 30 June 2023
Tiverton & Taunton Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 06950880. The registered office is 39 BAMPTON STREET, TIVERTON, DEVON, EX16 6AH.
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:
Plant & machinery
18% Reducing
Motor vehicles
18% Reducing
Fixtures & fittings
18% Reducing
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
41,223
79,889
2,951
124,063
At 30 June 2023
41,223
85,889
2,951
130,063
At 1 July 2022
37,402
66,587
2,749
106,738
Charge for the year
688
3,474
36
4,198
At 30 June 2023
38,090
70,061
2,785
110,936
At 30 June 2023
3,133
15,828
166
19,127
At 30 June 2022
3,821
13,302
202
17,325
Tiverton & Taunton Flooring Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
16,632
36,286
Other debtors
117,239
80,000
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
874
Trade creditors
103,398
76,922
Taxes and social security
306
9,025
Loans from directors
4,063
4,063
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).