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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
Page
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Tiverton & Taunton Flooring Limited Company Information for the year ended 30 June 2023
Director
Mr Hal White
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
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Tiverton & Taunton Flooring Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,127 
17,325 
Current assets
Inventories
53,080 
39,000 
Debtors
133,871 
116,286 
Cash at bank and in hand
196,105 
217,966 
383,056 
373,252 
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 
Capital and reserves
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
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Tiverton & Taunton Flooring Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
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.
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.
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 
Additions
- 
6,000 
- 
6,000 
At 30 June 2023
41,223 
85,889 
2,951 
130,063 
Depreciation
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 
Net book value
At 30 June 2023
3,133 
15,828 
166 
19,127 
At 30 June 2022
3,821 
13,302 
202 
17,325 
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Tiverton & Taunton Flooring Limited Notes to the Accounts for the year ended 30 June 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,632 
36,286 
Other debtors
117,239 
80,000 
133,871 
116,286 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
(21,751)
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 
107,767 
69,133 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,877 
39,784 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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