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REGISTERED NUMBER: 09768484 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30TH NOVEMBER 2023

FOR

T M AGRI-SERVICES LTD

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30th November 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T M AGRI-SERVICES LTD

COMPANY INFORMATION
for the Year Ended 30th November 2023







DIRECTOR: Mr. T Moxon





REGISTERED OFFICE: 4 Clews Road
Redditch
United Kingdom
B98 7ST





REGISTERED NUMBER: 09768484 (England and Wales)





ACCOUNTANTS: Hayward Wright Ltd
4 Clews Road
Redditch
Worcestershire
B98 7ST

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

BALANCE SHEET
30th November 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 169,680 282,315

CURRENT ASSETS
Stocks 8,052 8,052
Debtors 5 117,256 134,819
Cash at bank and in hand 1,594 5,382
126,902 148,253
CREDITORS
Amounts falling due within one year 6 363,965 371,362
NET CURRENT LIABILITIES (237,063 ) (223,109 )
TOTAL ASSETS LESS CURRENT LIABILITIES (67,383 ) 59,206

CREDITORS
Amounts falling due after more than one
year

7

163,979

268,353
NET LIABILITIES (231,362 ) (209,147 )

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings (231,462 ) (209,247 )
SHAREHOLDERS' FUNDS (231,362 ) (209,147 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2023 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.

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

BALANCE SHEET - continued
30th November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18th July 2024 and were signed by:





Mr. T Moxon - Director


T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30th November 2023


1. STATUTORY INFORMATION

T M Agri-services Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 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.

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

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th November 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st December 2022 493,472 189 4,418 498,079
Additions 30,083 - - 30,083
Disposals (231,118 ) - - (231,118 )
At 30th November 2023 292,437 189 4,418 297,044
DEPRECIATION
At 1st December 2022 214,599 47 1,118 215,764
Charge for year 34,752 48 1,117 35,917
Eliminated on disposal (124,317 ) - - (124,317 )
At 30th November 2023 125,034 95 2,235 127,364
NET BOOK VALUE
At 30th November 2023 167,403 94 2,183 169,680
At 30th November 2022 278,873 142 3,300 282,315

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th November 2023


4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1st December 2022 408,529
Disposals (190,000 )
At 30th November 2023 218,529
DEPRECIATION
At 1st December 2022 184,390
Charge for year 17,369
Eliminated on disposal (107,567 )
At 30th November 2023 94,192
NET BOOK VALUE
At 30th November 2023 124,337
At 30th November 2022 224,139

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade debtors 59,895 52,606
Other debtors 57,361 82,213
117,256 134,819

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans and overdrafts (see note 8) 43,667 45,522
Hire purchase contracts 30,824 69,279
Trade creditors 96,220 65,429
Taxation and social security 81,730 66,831
Other creditors 111,524 124,301
363,965 371,362

T M AGRI-SERVICES LTD (REGISTERED NUMBER: 09768484)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30th November 2023


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/11/23 30/11/22
£    £   
Bank loans (see note 8) 114,862 141,114
Hire purchase contracts 49,117 127,239
163,979 268,353

8. LOANS

An analysis of the maturity of loans is given below:

30/11/23 30/11/22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 13,542 15,397
Bank loans 30,125 30,125
43,667 45,522

Amounts falling due between one and two years:
Bank loans - 1-2 years 30,125 30,125

Amounts falling due between two and five years:
Bank loans - 2-5 years 84,737 110,989

9. DEFERRED TAX
£   
Balance at 1st December 2022 (58,403 )
Provided during year 1,136
Balance at 30th November 2023 (57,267 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/11/23 30/11/22
value: £    £   
100 Ordinary A 1 100 100

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr. T Moxon.