Company Registration No. 12163460 (England and Wales)
Tee's Removals Limited
Unaudited accounts
for the year ended 31 January 2024
Tee's Removals Limited
Unaudited accounts
Contents
Tee's Removals Limited
Company Information
for the year ended 31 January 2024
Company Number
12163460 (England and Wales)
Registered Office
Office 8, Unit 1 Lewis Industrial Estate
Radford Road
Nottingham
Nottinghamshire
NG7 7NQ
Accountants
Select Accountancy Ltd FFA/FIPA FFTA
11 Chapel Lane
Arnold
Nottingham
NG5 7DR
Accountants' report on the preparation of the unaudited statutory statements of Tee's Removals Limited (The Company) for the year ended 31 January 2024
In order to assist you as the sole director to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 January 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to you as the sole director of the company, in accordance with the terms of our letter of engagement dated 3 June 2024. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to you, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and you as the sole director for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the statutory audit requirement for the year ended 31 January 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Select Accountancy Ltd FFA/FIPA FFTA
Financial Accountants
11 Chapel Lane
Arnold
Nottingham
NG5 7DR
7 August 2024
Tee's Removals Limited
Statement of financial position
as at 31 January 2024
Tangible assets
23,897
42,206
Cash at bank and in hand
3,100
5,581
Creditors: amounts falling due within one year
(95,115)
(37,841)
Net current liabilities
(90,840)
(29,370)
Total assets less current liabilities
(66,943)
12,836
Creditors: amounts falling due after more than one year
(9,333)
(12,532)
Net (liabilities)/assets
(76,276)
304
Called up share capital
1
1
Profit and loss account
(76,277)
303
Shareholders' funds
(76,276)
304
For the year ending 31 January 2024 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 12 August 2024 and were signed on its behalf by
Daniel Gary Tee
Director
Company Registration No. 12163460
Tee's Removals Limited
Notes to the Accounts
for the year ended 31 January 2024
Tee's Removals Limited is a private company, limited by shares, registered in England and Wales, registration number 12163460. The registered office is Office 8, Unit 1 Lewis Industrial Estate, Radford Road, Nottingham, Nottinghamshire, NG7 7NQ.
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:
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
325
57,899
1,010
2,145
61,379
Disposals
-
(17,900)
(300)
(187)
(18,387)
At 31 January 2024
325
39,999
710
1,958
42,992
At 1 February 2023
142
17,831
441
759
19,173
Charge for the year
46
7,500
100
320
7,966
On disposals
-
(7,831)
(131)
(82)
(8,044)
At 31 January 2024
188
17,500
410
997
19,095
At 31 January 2024
137
22,499
300
961
23,897
At 31 January 2023
183
40,068
569
1,386
42,206
Tee's Removals Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
635
2,176
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,200
3,200
Trade creditors
6,836
15,075
Taxes and social security
7,819
1,616
Loans from directors
63,794
13,231
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
9,333
12,532
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).