2023-01-012023-12-312023-12-31false11148393TAX HAPPY LTD2024-08-2169201iso4217:GBPxbrli:pure111483932023-01-01111483932023-12-31111483932023-01-012023-12-31111483932022-01-01111483932022-12-31111483932022-01-012022-12-3111148393bus:SmallEntities2023-01-012023-12-3111148393bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3111148393bus:FullAccounts2023-01-012023-12-3111148393bus:PrivateLimitedCompanyLtd2023-01-012023-12-3111148393core:WithinOneYear2023-12-3111148393core:AfterOneYear2023-12-3111148393core:WithinOneYear2022-12-3111148393core:AfterOneYear2022-12-3111148393core:ShareCapital2023-12-3111148393core:SharePremium2023-12-3111148393core:RevaluationReserve2023-12-3111148393core:OtherReservesSubtotal2023-12-3111148393core:RetainedEarningsAccumulatedLosses2023-12-3111148393core:ShareCapital2022-12-3111148393core:SharePremium2022-12-3111148393core:RevaluationReserve2022-12-3111148393core:OtherReservesSubtotal2022-12-3111148393core:RetainedEarningsAccumulatedLosses2022-12-3111148393core:LandBuildings2023-12-3111148393core:PlantMachinery2023-12-3111148393core:Vehicles2023-12-3111148393core:FurnitureFittings2023-12-3111148393core:OfficeEquipment2023-12-3111148393core:NetGoodwill2023-12-3111148393core:IntangibleAssetsOtherThanGoodwill2023-12-3111148393core:ListedExchangeTraded2023-12-3111148393core:UnlistedNon-exchangeTraded2023-12-3111148393core:LandBuildings2022-12-3111148393core:PlantMachinery2022-12-3111148393core:Vehicles2022-12-3111148393core:FurnitureFittings2022-12-3111148393core:OfficeEquipment2022-12-3111148393core:NetGoodwill2022-12-3111148393core:IntangibleAssetsOtherThanGoodwill2022-12-3111148393core:ListedExchangeTraded2022-12-3111148393core:UnlistedNon-exchangeTraded2022-12-3111148393core:LandBuildings2023-01-012023-12-3111148393core:PlantMachinery2023-01-012023-12-3111148393core:Vehicles2023-01-012023-12-3111148393core:FurnitureFittings2023-01-012023-12-3111148393core:OfficeEquipment2023-01-012023-12-3111148393core:NetGoodwill2023-01-012023-12-3111148393core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111148393core:ListedExchangeTraded2023-01-012023-12-3111148393core:UnlistedNon-exchangeTraded2023-01-012023-12-3111148393core:MoreThanFiveYears2023-01-012023-12-3111148393core:Non-currentFinancialInstruments2023-12-3111148393core:Non-currentFinancialInstruments2022-12-3111148393dpl:CostSales2023-01-012023-12-3111148393dpl:DistributionCosts2023-01-012023-12-3111148393core:LandBuildings2023-01-012023-12-3111148393core:PlantMachinery2023-01-012023-12-3111148393core:Vehicles2023-01-012023-12-3111148393core:FurnitureFittings2023-01-012023-12-3111148393core:OfficeEquipment2023-01-012023-12-3111148393dpl:AdministrativeExpenses2023-01-012023-12-3111148393core:NetGoodwill2023-01-012023-12-3111148393core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3111148393dpl:GroupUndertakings2023-01-012023-12-3111148393dpl:ParticipatingInterests2023-01-012023-12-3111148393dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3111148393core:ListedExchangeTraded2023-01-012023-12-3111148393dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3111148393core:UnlistedNon-exchangeTraded2023-01-012023-12-3111148393dpl:CostSales2022-01-012022-12-3111148393dpl:DistributionCosts2022-01-012022-12-3111148393core:LandBuildings2022-01-012022-12-3111148393core:PlantMachinery2022-01-012022-12-3111148393core:Vehicles2022-01-012022-12-3111148393core:FurnitureFittings2022-01-012022-12-3111148393core:OfficeEquipment2022-01-012022-12-3111148393dpl:AdministrativeExpenses2022-01-012022-12-3111148393core:NetGoodwill2022-01-012022-12-3111148393core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3111148393dpl:GroupUndertakings2022-01-012022-12-3111148393dpl:ParticipatingInterests2022-01-012022-12-3111148393dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3111148393core:ListedExchangeTraded2022-01-012022-12-3111148393dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3111148393core:UnlistedNon-exchangeTraded2022-01-012022-12-3111148393core:NetGoodwill2023-12-3111148393core:IntangibleAssetsOtherThanGoodwill2023-12-3111148393core:LandBuildings2023-12-3111148393core:PlantMachinery2023-12-3111148393core:Vehicles2023-12-3111148393core:FurnitureFittings2023-12-3111148393core:OfficeEquipment2023-12-3111148393core:AfterOneYear2023-12-3111148393core:WithinOneYear2023-12-3111148393core:ListedExchangeTraded2023-12-3111148393core:UnlistedNon-exchangeTraded2023-12-3111148393core:ShareCapital2023-12-3111148393core:SharePremium2023-12-3111148393core:RevaluationReserve2023-12-3111148393core:OtherReservesSubtotal2023-12-3111148393core:RetainedEarningsAccumulatedLosses2023-12-3111148393core:NetGoodwill2022-12-3111148393core:IntangibleAssetsOtherThanGoodwill2022-12-3111148393core:LandBuildings2022-12-3111148393core:PlantMachinery2022-12-3111148393core:Vehicles2022-12-3111148393core:FurnitureFittings2022-12-3111148393core:OfficeEquipment2022-12-3111148393core:AfterOneYear2022-12-3111148393core:WithinOneYear2022-12-3111148393core:ListedExc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TAX HAPPY LTD

Registered Number
11148393
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

TAX HAPPY LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Director

CDS MANAGEMENT LIMITED

Registered Address

256 Walton Road
Liverpool
L4 4BE

Registered Number

11148393 (England and Wales)
TAX HAPPY LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets33,4461,800
3,4461,800
Current assets
Debtors5,149586
Cash at bank and on hand672635
5,8211,221
Creditors amounts falling due within one year4(1,841)(658)
Net current assets (liabilities)3,980563
Total assets less current liabilities7,4262,363
Creditors amounts falling due after one year5(1,401)(1,627)
Net assets6,025736
Capital and reserves
Called up share capital(3)(3)
Profit and loss account6,028739
Shareholders' funds6,025736
The financial statements were approved and authorised for issue by the Board of Directors on 21 August 2024, and are signed on its behalf by:
CDS MANAGEMENT LIMITED
Director
Registered Company No. 11148393
TAX HAPPY LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:
2.Average number of employees

20232022
Average number of employees during the year00
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 January 231,8001,800
Additions2,5082,508
At 31 December 234,3084,308
Depreciation and impairment
Charge for year862862
At 31 December 23862862
Net book value
At 31 December 233,4463,446
At 31 December 221,8001,800
4.Creditors: amounts due within one year

2023

2022

££
Taxation and social security1,841658
Total1,841658
5.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts1,4011,627
Total1,4011,627