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REGISTERED NUMBER: 05729379 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

TRANTER & THOMAS LTD

TRANTER & THOMAS LTD (REGISTERED NUMBER: 05729379)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TRANTER & THOMAS LTD

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTOR: L Tranter



REGISTERED OFFICE: Highdown House
11 Highdown Road
Leamington Spa
Warwickshire
CV31 1XT



BUSINESS ADDRESS: 9 Brewsters Corner
Pendicke Street
Southam
Warwickshire
CV47 1PN



REGISTERED NUMBER: 05729379 (England and Wales)



BANKERS: HSBC Bank Plc
15 Church Street
Rugby
Warwickshire
CV21 3PN

TRANTER & THOMAS LTD (REGISTERED NUMBER: 05729379)

ABRIDGED BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 97,090 27,528
Investments 6 34,498 9,875
131,588 37,403

CURRENT ASSETS
Debtors 2,086,245 1,577,196
Cash at bank and in hand 821,356 1,084,080
2,907,601 2,661,276
CREDITORS
Amounts falling due within one year 751,477 869,380
NET CURRENT ASSETS 2,156,124 1,791,896
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,287,712

1,829,299

PROVISIONS FOR LIABILITIES 15,625 1,453
NET ASSETS 2,272,087 1,827,846

CAPITAL AND RESERVES
Called up share capital 7 100 100
Capital redemption reserve 2 2
Retained earnings 2,271,985 1,827,744
SHAREHOLDERS' FUNDS 2,272,087 1,827,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TRANTER & THOMAS LTD (REGISTERED NUMBER: 05729379)

ABRIDGED BALANCE SHEET - continued
31 March 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 June 2024 and were signed by:





L Tranter - Director


TRANTER & THOMAS LTD (REGISTERED NUMBER: 05729379)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Tranter & Thomas Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statement are presented in sterling which is the functional currency of the comany and is rounded to the nearest £1.

Turnover
Turnover comprises the value of sales (net of value added tax) of goods and services provided in the normal course of business. Revenue is recognised in respect of service contracts when the company obtains the right to consideration.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant, fixtures and fittings - 20% on reducing balance
Bicycles - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

TRANTER & THOMAS LTD (REGISTERED NUMBER: 05729379)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 627,250
AMORTISATION
At 1 April 2023
and 31 March 2024 627,250
NET BOOK VALUE

At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 145,734
Additions 117,625
Disposals (118,260 )
At 31 March 2024 145,099
DEPRECIATION
At 1 April 2023 118,206
Charge for year 35,055
Eliminated on disposal (105,252 )
At 31 March 2024 48,009
NET BOOK VALUE
At 31 March 2024 97,090
At 31 March 2023 27,528

TRANTER & THOMAS LTD (REGISTERED NUMBER: 05729379)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2023 9,875
Additions 24,998
Disposals (375 )
At 31 March 2024 34,498
NET BOOK VALUE
At 31 March 2024 34,498
At 31 March 2023 9,875

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

8. PENSION COMMITMENTS

At the balance sheet date, unpaid contributions of £2,598 (2023 - £2,231) were due to the fund. They are included in creditors due within one year.