IRIS Accounts Production v24.1.0.576 06904685 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh069046852023-03-31069046852024-03-31069046852023-04-012024-03-31069046852022-03-31069046852022-04-012023-03-31069046852023-03-3106904685ns15:EnglandWales2023-04-012024-03-3106904685ns14:PoundSterling2023-04-012024-03-3106904685ns10:Director12023-04-012024-03-3106904685ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106904685ns10:SmallEntities2023-04-012024-03-3106904685ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106904685ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106904685ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106904685ns10:FullAccounts2023-04-012024-03-3106904685ns10:CompanySecretary12023-04-012024-03-3106904685ns10:RegisteredOffice2023-04-012024-03-3106904685ns5:CurrentFinancialInstruments2024-03-3106904685ns5:CurrentFinancialInstruments2023-03-3106904685ns5:ShareCapital2024-03-3106904685ns5:ShareCapital2023-03-3106904685ns5:RetainedEarningsAccumulatedLosses2024-03-3106904685ns5:RetainedEarningsAccumulatedLosses2023-03-3106904685ns5:PlantMachinery2023-04-012024-03-3106904685ns5:MotorVehicles2023-04-012024-03-3106904685ns5:ComputerEquipment2023-04-012024-03-3106904685ns5:PlantMachinery2023-03-3106904685ns5:MotorVehicles2023-03-3106904685ns5:ComputerEquipment2023-03-3106904685ns5:PlantMachinery2024-03-3106904685ns5:MotorVehicles2024-03-3106904685ns5:ComputerEquipment2024-03-3106904685ns5:PlantMachinery2023-03-3106904685ns5:MotorVehicles2023-03-3106904685ns5:ComputerEquipment2023-03-3106904685ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106904685ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 06904685 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Total Process Fluids Limited

Total Process Fluids Limited (Registered number: 06904685)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Total Process Fluids Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: S Winter





SECRETARY: Mrs D L Winter





REGISTERED OFFICE: 11 Strawberry Fields
Hedge End
Southampton
Hampshire
SO30 4QX





REGISTERED NUMBER: 06904685 (England and Wales)





ACCOUNTANTS: CBM Accountants Limited
130 Bournemouth Road
Chandler's Ford
Eastleigh
Hampshire
SO53 3AL

Total Process Fluids Limited (Registered number: 06904685)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,971 12,034

CURRENT ASSETS
Debtors 5 78,597 80,696
Investments 6 93,685 90,378
Cash at bank 160,387 123,713
332,669 294,787
CREDITORS
Amounts falling due within one year 7 88,777 76,975
NET CURRENT ASSETS 243,892 217,812
TOTAL ASSETS LESS CURRENT
LIABILITIES

253,863

229,846

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 253,763 229,746
253,863 229,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 23 April 2024 and were signed by:





S Winter - Director


Total Process Fluids Limited (Registered number: 06904685)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Total Process Fluids 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
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

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 3 (2023 - 3 ) .

Total Process Fluids Limited (Registered number: 06904685)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 45,994 26,530 15,950 88,474
Additions 416 - 858 1,274
At 31 March 2024 46,410 26,530 16,808 89,748
DEPRECIATION
At 1 April 2023 40,559 23,053 12,828 76,440
Charge for year 1,462 880 995 3,337
At 31 March 2024 42,021 23,933 13,823 79,777
NET BOOK VALUE
At 31 March 2024 4,389 2,597 2,985 9,971
At 31 March 2023 5,435 3,477 3,122 12,034

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 78,597 80,696

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Other 93,685 90,378

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 2,907
Trade creditors 49,185 46,489
Taxation and social security 37,176 25,461
Other creditors 2,416 2,118
88,777 76,975