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Company Registration No. 07049824 (England and Wales)
Total Connections 2009 Ltd Unaudited accounts for the year ended 31 October 2023
Total Connections 2009 Ltd Unaudited accounts Contents
Page
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Total Connections 2009 Ltd Company Information for the year ended 31 October 2023
Director
Andrew Sangster
Company Number
07049824 (England and Wales)
Registered Office
UNIT 2 CLARKE AVENUE PORTE MARSH INDUSTRIAL ESTATE CALNE SN11 9BS ENGLAND
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Total Connections 2009 Ltd for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Total Connections 2009 Ltd for the year ended 31 October 2023 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 29 July 2024
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Total Connections 2009 Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
716,919 
599,219 
Current assets
Inventories
397,109 
347,823 
Debtors
709,288 
472,234 
Cash at bank and in hand
99,308 
145,614 
1,205,705 
965,671 
Creditors: amounts falling due within one year
(572,919)
(464,105)
Net current assets
632,786 
501,566 
Total assets less current liabilities
1,349,705 
1,100,785 
Creditors: amounts falling due after more than one year
(311,714)
(298,377)
Provisions for liabilities
Deferred tax
(151,082)
(108,129)
Net assets
886,909 
694,279 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
886,809 
694,179 
Shareholders' funds
886,909 
694,279 
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 director acknowledges his 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 and authorised for issue on 29 July 2024 and were signed on its behalf by
Andrew Sangster Director Company Registration No. 07049824
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Total Connections 2009 Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Total Connections 2009 Ltd is a private company, limited by shares, registered in England and Wales, registration number 07049824. The registered office is UNIT 2 CLARKE AVENUE, PORTE MARSH INDUSTRIAL ESTATE, CALNE, SN11 9BS, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
3, 5, 10 years (depending on usage) straight line
Fixtures & fittings
10 years straight line
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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Total Connections 2009 Ltd Notes to the Accounts for the year ended 31 October 2023
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
784,437 
- 
784,437 
Additions
172,171 
33,793 
205,964 
At 31 October 2023
956,608 
33,793 
990,401 
Depreciation
At 1 November 2022
185,218 
- 
185,218 
Charge for the year
87,982 
282 
88,264 
At 31 October 2023
273,200 
282 
273,482 
Net book value
At 31 October 2023
683,408 
33,511 
716,919 
At 31 October 2022
599,219 
- 
599,219 
5
Inventories
2023 
2022 
£ 
£ 
Finished goods
397,109 
347,823 
397,109 
347,823 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
523,424 
394,391 
Accrued income and prepayments
54,450 
77,843 
Other debtors
131,414 
- 
709,288 
472,234 
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Total Connections 2009 Ltd Notes to the Accounts for the year ended 31 October 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
27,887 
36,352 
Obligations under finance leases and hire purchase contracts
120,390 
100,259 
Trade creditors
350,857 
274,651 
Taxes and social security
45,622 
39,466 
Other creditors
2,563 
1,658 
Accruals
15,600 
1,719 
572,919 
464,105 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
17,500 
27,500 
Obligations under finance leases and hire purchase contracts
294,214 
270,877 
311,714 
298,377 
9
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
151,082 
108,129 
2023 
2022 
£ 
£ 
Provision at start of year
108,129 
67,507 
Charged to the profit and loss account
42,953 
40,622 
Provision at end of year
151,082 
108,129 
10
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
50 A Ordinary of £1 each
50 
50 
48 B Ordinary of £1 each
48 
48 
2 C Ordinary of £1 each
2 
2 
100 
100 
11
Average number of employees
During the year the average number of employees was 18 (2022: 11).
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