2022-10-01 10988239 2023-09-30 10988239 2022-10-01 2023-09-30 10988239 2022-09-30 10988239 2021-10-01 2022-09-30 10988239 uk-core:WithinOneYear 2022-09-30 10988239 uk-core:WithinOneYear 2023-09-30 10988239 uk-core:AfterOneYear 2022-09-30 10988239 uk-core:AfterOneYear 2023-09-30 10988239 uk-core:ShareCapital 2023-09-30 10988239 uk-core:ShareCapital 2022-09-30 10988239 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 10988239 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 10988239 uk-bus:Director1 2022-10-01 2023-09-30 10988239 uk-core:PlantMachinery 2022-10-01 2023-09-30 10988239 uk-core:PlantMachinery 2022-09-30 10988239 uk-core:Buildings 2022-09-30 10988239 uk-core:Buildings 2022-10-01 2023-09-30 10988239 uk-core:Buildings 2023-09-30 10988239 uk-core:PlantMachinery 2023-09-30 iso4217:GBP xbrli:pure 10988239 uk-bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 10988239 uk-bus:FRS102 2022-10-01 2023-09-30 10988239 uk-bus:FilletedAccounts 2022-10-01 2023-09-30 10988239 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
Tibbatts & Sons Developments Ltd.
Registered Number:10988239
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2023
Tibbatts & Sons Developments Ltd.
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
10988239
As at 30 September 2023
Tibbatts & Sons Developments Ltd.
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
568,181
273,189
2
568,181
273,189
Current assets
Trade and other receivables
-
998
3
4,806
Cash and cash equivalents
136
1,134
4,806
Trade and other payables: amounts falling due within one
year
(81,344)
(380,282)
4
(76,538)
(379,148)
Net current liabilities
Total assets less current liabilities
189,033
196,651
Trade and other payables: amounts falling due after more
than one year
(180,000)
(180,000)
5
9,033
Net assets
16,651
Capital and reserves
Called up share capital
100
100
Retained earnings
8,933
16,551
9,033
16,651
Shareholders' funds
For the year ended 30 September 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mrs. S.A. Tibbatts Director
These financial statements were approved and authorised for issue by the Board on 08 April 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 September 2023
Tibbatts & Sons Developments Ltd.
Notes to the Financial Statements
Statutory Information
Tibbatts & Sons Developments Ltd. is a private limited company, limited by shares, domiciled in England and Wales,
registration number 10988239.
Principal place of business:
55 Staple Hill Road
Staple Hill
Bristol
BS16 5AB
Registered address:
33 Hopps Road
Kingswood
Bristol
BS15 9QQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
25% Reducing balance
Investment property
Investment property is shown at cost in the financial statements. The Current valuation of the property as at the date of preparation of these financial statements is estimated at £320,000.
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5
For the year ended 30 September 2023
Tibbatts & Sons Developments Ltd.
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Plant and
Machinery
Land and
Buildings
£
£
£
Cost or
valuation
At 01 October 2022
275,239
3,000
272,239
295,229
-
295,229
Additions
At 30 September 2023
567,468
3,000
570,468
Provision for depreciation and impairment
At 01 October 2022
2,050
2,050
-
Charge for year
237
237
-
At 30 September 2023
2,287
2,287
-
At 30 September 2023
Net book value
567,468
713
568,181
At 30 September 2022
272,239
950
273,189
3. Trade and other receivables
2022
2023
£
£
Other debtors
998
-
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
-
998
Other creditors
380,282
80,346
380,282
81,344
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
180,000
180,000
6. Average number of persons employed
During the year the average number of employees was 0
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