Company Registration No. 10551389 (England and Wales)
TC SIGNALLING SERVICES LTD
Unaudited accounts
for the year ended 31 January 2024
TC SIGNALLING SERVICES LTD
Unaudited accounts
Contents
TC SIGNALLING SERVICES LTD
Company Information
for the year ended 31 January 2024
Company Number
10551389 (England and Wales)
Registered Office
11 Bells Lane
Glemsford
Sunbury
CO10 7QA
Accountants
P Lacey & Associates Ltd
Office 17
2 Regent House
Lowestoft
NR32 1PA
TC SIGNALLING SERVICES LTD
Statement of financial position
as at 31 January 2024
Tangible assets
40,475
7,770
Cash at bank and in hand
8,132
13,285
Creditors: amounts falling due within one year
(36,986)
(15,923)
Net current (liabilities)/assets
(25,628)
938
Called up share capital
1
1
Profit and loss account
14,846
8,707
Shareholders' funds
14,847
8,708
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 13 March 2024 and were signed on its behalf by
Tony Church
Director
Company Registration No. 10551389
TC SIGNALLING SERVICES LTD
Notes to the Accounts
for the year ended 31 January 2024
TC SIGNALLING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10551389. The registered office is 11 Bells Lane, Glemsford, Sunbury, CO10 7QA.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
15% reducing balance
Motor vehicles
20% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
9,595
-
4,588
14,183
Additions
877
40,419
930
42,226
At 31 January 2024
10,472
40,419
5,518
56,409
At 1 February 2023
4,413
-
2,000
6,413
Charge for the year
909
8,084
528
9,521
At 31 January 2024
5,322
8,084
2,528
15,934
At 31 January 2024
5,150
32,335
2,990
40,475
At 31 January 2023
5,182
-
2,588
7,770
TC SIGNALLING SERVICES LTD
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
32,678
-
Taxes and social security
3,673
9,927
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).