Company Registration No. 07077729 (England and Wales)
TARGET LIFTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
TARGET LIFTS LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3
TARGET LIFTS LTD
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
35,705
41,622
Current assets
Stocks
874,689
537,218
Debtors
1
2,578,625
1,897,271
Cash at bank and in hand
172,306
280,130
3,625,620
2,714,619
Creditors: amounts falling due within one year
2
(1,364,349)
(1,018,705)
Net current assets
2,261,271
1,695,914
Total assets less current liabilities
2,296,976
1,737,536
Creditors: amounts falling due after more than one year
3
(33,005)
(35,748)
Net assets
2,263,971
1,701,788
Capital and reserves
Called up share capital
4
100
100
Profit and loss reserves
2,263,871
1,701,688
Total equity
2,263,971
1,701,788

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

TARGET LIFTS LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 5 August 2024 and are signed on its behalf by:
Mr T Howell-Smith
Mr D Garaway
Director
Director
Company Registration No. 07077729
TARGET LIFTS LTD
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024
31 March 2024
- 3 -
1
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,485,087
738,624
Other debtors
1,093,538
1,158,647
2,578,625
1,897,271
2
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
809,648
676,858
Corporation tax
237,439
157,998
Other taxation and social security
311,547
178,679
Other creditors
5,715
5,170
1,364,349
1,018,705
3
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
33,005
35,748
4
Called up share capital
2024
2023
£
£
Ordinary share capital
Issued and fully paid
2 Ordinary of £1 each
100
100
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