Company Registration No. 04868632 (England and Wales)
Tucann Ltd
Unaudited accounts
for the year ended 31 October 2023
Tucann Ltd
Unaudited accounts
Contents
Tucann Ltd
Company Information
for the year ended 31 October 2023
Directors
Benjamin Cann
Thomas Cann
Company Number
04868632 (England and Wales)
Registered Office
Unit 9 Blackthorn Way
Five Mile Business Park
Washingborough
Lincoln
LN4 1BF
United Kingdom
Tucann Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
221,659
243,895
Cash at bank and in hand
250,753
161,641
Creditors: amounts falling due within one year
(169,921)
(141,163)
Net current assets
144,413
66,759
Net assets
366,072
310,654
Called up share capital
80
80
Profit and loss account
365,992
310,574
Shareholders' funds
366,072
310,654
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by
Benjamin Cann
Director
Company Registration No. 04868632
Tucann Ltd
Notes to the Accounts
for the year ended 31 October 2023
Tucann Ltd is a private company, limited by shares, registered in England and Wales, registration number 04868632. The registered office is Unit 9 Blackthorn Way, Five Mile Business Park, Washingborough, Lincoln, LN4 1BF, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Not provided
Plant & machinery
20% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
20% on reducing balance
Computer equipment
20% on reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2022
133,064
370,733
8,912
9,728
13,023
535,460
At 31 October 2023
133,064
370,733
8,912
9,728
13,023
535,460
At 1 November 2022
-
266,478
7,525
8,480
9,082
291,565
Charge for the year
-
20,851
347
250
788
22,236
At 31 October 2023
-
287,329
7,872
8,730
9,870
313,801
At 31 October 2023
133,064
83,404
1,040
998
3,153
221,659
At 31 October 2022
133,064
104,255
1,387
1,248
3,941
243,895
Tucann Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Trade debtors
60,731
43,681
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
16,039
12,167
Taxes and social security
58,668
44,832
Loans from directors
72,451
62,248
Allotted, called up and fully paid:
80 Ordinary shares of £1 each
80
80
8
Average number of employees
During the year the average number of employees was 7 (2022: 7).