IRIS Accounts Production v23.1.0.753 SC489951 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC4899512022-09-30SC4899512023-09-30SC4899512022-10-012023-09-30SC4899512021-09-30SC4899512021-10-012022-09-30SC4899512022-09-30SC489951ns15:Scotland2022-10-012023-09-30SC489951ns14:PoundSterling2022-10-012023-09-30SC489951ns10:Director12022-10-012023-09-30SC489951ns10:PrivateLimitedCompanyLtd2022-10-012023-09-30SC489951ns10:SmallEntities2022-10-012023-09-30SC489951ns10:AuditExempt-NoAccountantsReport2022-10-012023-09-30SC489951ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-30SC489951ns10:FullAccounts2022-10-012023-09-30SC489951ns10:Director22022-10-012023-09-30SC489951ns10:RegisteredOffice2022-10-012023-09-30SC489951ns5:CurrentFinancialInstruments2023-09-30SC489951ns5:CurrentFinancialInstruments2022-09-30SC489951ns5:Non-currentFinancialInstruments2023-09-30SC489951ns5:Non-currentFinancialInstruments2022-09-30SC489951ns5:ShareCapital2023-09-30SC489951ns5:ShareCapital2022-09-30SC489951ns5:RetainedEarningsAccumulatedLosses2023-09-30SC489951ns5:RetainedEarningsAccumulatedLosses2022-09-30SC489951ns5:PlantMachinery2022-10-012023-09-30SC489951ns5:FurnitureFittings2022-10-012023-09-30SC489951ns5:MotorVehicles2022-10-012023-09-30SC489951ns5:ComputerEquipment2022-10-012023-09-30SC489951ns5:PlantMachinery2022-09-30SC489951ns5:FurnitureFittings2022-09-30SC489951ns5:MotorVehicles2022-09-30SC489951ns5:ComputerEquipment2022-09-30SC489951ns5:PlantMachinery2023-09-30SC489951ns5:FurnitureFittings2023-09-30SC489951ns5:MotorVehicles2023-09-30SC489951ns5:ComputerEquipment2023-09-30SC489951ns5:PlantMachinery2022-09-30SC489951ns5:FurnitureFittings2022-09-30SC489951ns5:MotorVehicles2022-09-30SC489951ns5:ComputerEquipment2022-09-30SC489951ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-09-30SC489951ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-10-012023-09-30SC489951ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-30SC489951ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2022-09-30SC489951ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-30SC489951ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-30
REGISTERED NUMBER: SC489951 (Scotland)












Financial Statements for the Year Ended 30 September 2023

for

TONGUE ELECTRICAL COMMISSIONING SERVICES
LTD

TONGUE ELECTRICAL COMMISSIONING SERVICES
LTD (REGISTERED NUMBER: SC489951)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TONGUE ELECTRICAL COMMISSIONING SERVICES
LTD

Company Information
for the Year Ended 30 September 2023







DIRECTORS: M G Reid
J F Grant-Reid





REGISTERED OFFICE: 12 Traill Drive
Montrose
Angus
DD10 8SW





REGISTERED NUMBER: SC489951 (Scotland)





ACCOUNTANTS: Account Tax Ltd
Chartered Certified Accountants
12 Traill Drive
Montrose
Angus
DD10 8SW

TONGUE ELECTRICAL COMMISSIONING SERVICES
LTD (REGISTERED NUMBER: SC489951)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,597 48,822

CURRENT ASSETS
Debtors 5 2,255 22,503
Cash at bank 61,667 46,705
63,922 69,208
CREDITORS
Amounts falling due within one year 6 30,156 32,178
NET CURRENT ASSETS 33,766 37,030
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,363

85,852

CREDITORS
Amounts falling due after more than one
year

7

(1,969

)

(5,907

)

PROVISIONS FOR LIABILITIES (1,827 ) (5,798 )
NET ASSETS 66,567 74,147

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 66,467 74,047
SHAREHOLDERS' FUNDS 66,567 74,147

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TONGUE ELECTRICAL COMMISSIONING SERVICES
LTD (REGISTERED NUMBER: SC489951)

Balance Sheet - continued
30 September 2023


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

In accordance with Section 444 of the Companies Act 2006, the Profit & Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 February 2024 and were signed on its behalf by:





M G Reid - Director


TONGUE ELECTRICAL COMMISSIONING SERVICES
LTD (REGISTERED NUMBER: SC489951)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Tongue Electrical Commissioning Services Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost and 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

TONGUE ELECTRICAL COMMISSIONING SERVICES
LTD (REGISTERED NUMBER: SC489951)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2022
and 30 September 2023 46,588 2,966 35,856 3,936 89,346
DEPRECIATION
At 1 October 2022 31,483 1,474 4,482 3,085 40,524
Charge for year 3,777 373 7,844 231 12,225
At 30 September 2023 35,260 1,847 12,326 3,316 52,749
NET BOOK VALUE
At 30 September 2023 11,328 1,119 23,530 620 36,597
At 30 September 2022 15,105 1,492 31,374 851 48,822

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 October 2022
and 30 September 2023 35,856
DEPRECIATION
At 1 October 2022 4,482
Charge for year 7,844
At 30 September 2023 12,326
NET BOOK VALUE
At 30 September 2023 23,530
At 30 September 2022 31,374

TONGUE ELECTRICAL COMMISSIONING SERVICES
LTD (REGISTERED NUMBER: SC489951)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 2,255 22,503

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 3,938 3,938
Taxation and social security (418 ) 1,210
Other creditors 26,636 27,030
30,156 32,178

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 1,969 5,907

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £4,000 (2022 - £10,000) were paid to the directors .

The company was under the control of the directors, M G Reid and J F Grant-Reid, throughout the current and previous year.

During the year the company repaid the directors net amounts totalling £993. As at 30 September 2023 included within other creditors is a balance outstanding due to the directors of £22,279 (2021 - £23,272). No interest has been paid on this loan.