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REGISTERED NUMBER: 05770183 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Toolboxes Direct ( South East ) Limited

Toolboxes Direct ( South East ) Limited (Registered number: 05770183)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 6

Toolboxes Direct ( South East ) Limited

Company Information
for the Year Ended 31 August 2023







DIRECTORS: T Gray
Ms L A Maynard





SECRETARY: J Terry





REGISTERED OFFICE: 9 Westmoor Street
Charlton
London
SE7 8NR





REGISTERED NUMBER: 05770183 (England and Wales)





ACCOUNTANTS: ACL & Co
Chartered Certified Accountants
The Coach House
1 Howard Road
Reigate
RH2 7JE

Toolboxes Direct ( South East ) Limited (Registered number: 05770183)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 53,815 13,453

CURRENT ASSETS
Stocks 13,891 114,206
Debtors 5 421,144 399,398
Cash at bank 344,436 189,347
779,471 702,951
CREDITORS
Amounts falling due within one year 6 213,119 168,385
NET CURRENT ASSETS 566,352 534,566
TOTAL ASSETS LESS CURRENT
LIABILITIES

620,167

548,019

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 620,067 547,919
SHAREHOLDERS' FUNDS 620,167 548,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Toolboxes Direct ( South East ) Limited (Registered number: 05770183)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by:




T Gray - Director



Ms L A Maynard - Director


Toolboxes Direct ( South East ) Limited (Registered number: 05770183)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Toolboxes Direct ( South East ) Limited is a private company, limited by shares , registered in England and Wales. 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 8 ) .

Toolboxes Direct ( South East ) Limited (Registered number: 05770183)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2022 280,849 26,788 4,614 312,251
Additions 18,870 38,240 1,190 58,300
At 31 August 2023 299,719 65,028 5,804 370,551
DEPRECIATION
At 1 September 2022 269,659 24,647 4,492 298,798
Charge for year 7,515 10,095 328 17,938
At 31 August 2023 277,174 34,742 4,820 316,736
NET BOOK VALUE
At 31 August 2023 22,545 30,286 984 53,815
At 31 August 2022 11,190 2,141 122 13,453

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade debtors 407,996 387,109
Prepayments 13,148 12,289
421,144 399,398

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Trade creditors 161,701 128,559
Tax 15,396 18,711
Social security and other taxes 11,999 11,248
VAT 7,704 2,815
Other creditors 5,699 5,352
Accrued expenses 10,620 1,700
213,119 168,385

Toolboxes Direct ( South East ) Limited

Report of the Accountants to the Directors of
Toolboxes Direct ( South East ) Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 August 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






ACL & Co
Chartered Certified Accountants
The Coach House
1 Howard Road
Reigate
RH2 7JE


Date: .............................................