2023-02-01 2024-01-31 false Capium Accounts Production 1.1 08379521 bus:AbridgedAccounts 2023-02-01 2024-01-31 08379521 bus:FRS102 2023-02-01 2024-01-31 08379521 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 08379521 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08379521 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08379521 2023-02-01 2024-01-31 08379521 2024-01-31 08379521 bus:RegisteredOffice 2023-02-01 2024-01-31 08379521 core:WithinOneYear 2024-01-31 08379521 core:AfterOneYear 2024-01-31 08379521 bus:Director1 2023-02-01 2024-01-31 08379521 bus:Director1 2024-01-31 08379521 bus:Director1 2022-02-01 2023-01-31 08379521 2022-02-01 08379521 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 08379521 2022-02-01 2023-01-31 08379521 2023-01-31 08379521 core:WithinOneYear 2023-01-31 08379521 core:AfterOneYear 2023-01-31 08379521 bus:EntityAccountantsOrAuditors 2022-02-01 2023-01-31 08379521 core:LandBuildings 2023-02-01 2024-01-31 08379521 core:LandBuildings 2024-01-31 08379521 core:LandBuildings 2023-01-31 08379521 core:FurnitureFittings 2023-02-01 2024-01-31 08379521 core:FurnitureFittings 2024-01-31 08379521 core:FurnitureFittings 2023-01-31 08379521 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-01-31 08379521 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-01-31 08379521 core:CostValuation core:Non-currentFinancialInstruments 2024-01-31 08379521 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 08379521 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-01-31 08379521 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 08379521 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-01-31 08379521 core:Non-currentFinancialInstruments 2024-01-31 08379521 core:Non-currentFinancialInstruments 2023-01-31 08379521 core:ShareCapital 2024-01-31 08379521 core:ShareCapital 2023-01-31 08379521 core:SharePremium 2024-01-31 08379521 core:SharePremium 2023-01-31 08379521 core:RetainedEarningsAccumulatedLosses 2024-01-31 08379521 core:RetainedEarningsAccumulatedLosses 2023-01-31 08379521 dpl:Item1 2023-02-01 08379521 dpl:Item1 2024-01-31 08379521 dpl:Item1 2022-02-01 08379521 dpl:Item1 2023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08379521
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 January 2024

for

TILLS DIRECT LIMITED

Accountants report

You consider that the company is exempt from an audit for the year ended 31 January 2024 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Douglas Marshall 31 January 2024


Wyre Business Consultants Limited
26 Church Street
Kidderminster
Worcestershire
DY10 2AR
19 June 2024
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 132,002    135,067 
132,002    135,067 
Current assets      
Stocks 199,053    102,753 
Debtors 56,559    106,012 
Cash at bank and in hand 89,862    63,758 
345,474    272,523 
Creditors: amount falling due within one year (118,926)   (97,031)
Net current assets 226,548    175,492 
 
Total assets less current liabilities 358,550    310,559 
Creditors: amount falling due after more than one year (118,070)   (115,901)
Provisions for liabilities (328)  
Net assets 240,152    194,658 
 

Capital and reserves
     
Called up share capital 120    120 
Share premium account 20,980    20,980 
Profit and loss account 219,052    173,558 
Shareholders' funds 240,152    194,658 
 


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

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 19 June 2024 and were signed by:


-------------------------------
Andy Simmonds
Director
2
General Information
Tills Direct Limited is a private company, limited by shares, registered in England and Wales, registration number 08379521, registration address Unit B8 Ratio Park Finepoint Way, Walter Nash Rd, Kidderminster, Worcestershire, DY11 7FF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 2% Straight Line
Fixtures and Fittings 20% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 2 (2023 : 3).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Fixtures and Fittings   Total
  £   £   £
At 01 February 2023 153,260    22,173    175,433 
Additions    
Disposals    
At 31 January 2024 153,260    22,173    175,433 
Depreciation
At 01 February 2023 18,193    22,173    40,366 
Charge for year 3,065      3,065 
On disposals    
At 31 January 2024 21,258    22,173    43,431 
Net book values
Closing balance as at 31 January 2024 132,002      132,002 
Opening balance as at 01 February 2023 135,067      135,067 


3