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REGISTERED NUMBER: 07429155 (England and Wales)



Unaudited Financial Statements

for the Year Ended 30th November 2023

for

Tonertastic Limited

Tonertastic Limited (Registered number: 07429155)






Contents of the Financial Statements
for the Year Ended 30th November 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


Tonertastic Limited

Company Information
for the Year Ended 30th November 2023







DIRECTORS: M C Beattie
Mrs C G Beattie





REGISTERED OFFICE: 6 Manchester Road
Buxton
Derbyshire
SK17 6SB





REGISTERED NUMBER: 07429155 (England and Wales)





ACCOUNTANTS: Laytons
Chartered Accountants
6 Manchester Road
Buxton
Derbyshire
SK17 6SB

Tonertastic Limited (Registered number: 07429155)

Abridged Balance Sheet
30th November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,005 1,331

CURRENT ASSETS
Stocks 34,831 31,000
Debtors 5 126,486 115,196
Cash at bank and in hand 92,052 104,559
253,369 250,755
CREDITORS
Amounts falling due within one year 65,925 76,026
NET CURRENT ASSETS 187,444 174,729
TOTAL ASSETS LESS CURRENT LIABILITIES 189,449 176,060

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 189,349 175,960
SHAREHOLDERS' FUNDS 189,449 176,060

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 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30th November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 30th July 2024 and were signed on its behalf by:





M C Beattie - Director


Tonertastic Limited (Registered number: 07429155)

Notes to the Financial Statements
for the Year Ended 30th November 2023

1. STATUTORY INFORMATION

Tonertastic 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.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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 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.

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 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st December 2022 13,300
Additions 1,315
At 30th November 2023 14,615
DEPRECIATION
At 1st December 2022 11,969
Charge for year 641
At 30th November 2023 12,610
NET BOOK VALUE
At 30th November 2023 2,005
At 30th November 2022 1,331

Tonertastic Limited (Registered number: 07429155)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2023

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 65,655 69,686

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year ended 30th November 2023 the company owed £15,685 (2022: £18,933) to the director Mr M Beattie who owns 50% of the share capital. The loan is interest free and repayable on demand.

At the year ended 30th November 2023 the company owed £15,685 (2022: £18,933) to the director Mrs C Beattie who owns 50% of the share capital. The loan is interest free and repayable on demand.

7. RELATED PARTY DISCLOSURES

Within other debtors is an amount of £65,655 (2022: £69,686) owed by M C Beattie Property Limited. Both C G Beattie and M C Beattie are Directors of this company.