Tibbatts & Sons Developments Ltd. |
Registered Number:10988239 |
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
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
Tibbatts & Sons Developments Ltd.
Statement of Financial Position
2022
2023
Property, plant and equipment |
568,181
273,189
2
568,181
273,189
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
100
100
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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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
33 Hopps Road
Kingswood
Bristol
BS15 9QQ
The presentation currency is £ sterling. |
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
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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For the year ended 30 September 2023
Tibbatts & Sons Developments Ltd.
Notes to the Financial Statements Continued
2. Property, plant and equipment |
275,239
3,000
272,239
295,229
-
295,229
567,468
3,000
570,468
Provision for depreciation and impairment |
2,050
2,050
-
Charge for year
237
237
-
2,287
2,287
-
567,468
713
568,181
272,239
950
273,189
3. Trade and other receivables |
2022
2023
998
-
4. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
-
998
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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