2022-12-01 04101722 2023-11-30 04101722 2022-12-01 2023-11-30 04101722 2022-11-30 04101722 2021-12-01 2022-11-30 04101722 uk-core:WithinOneYear 2022-11-30 04101722 uk-core:WithinOneYear 2023-11-30 04101722 uk-core:AfterOneYear 2022-11-30 04101722 uk-core:AfterOneYear 2023-11-30 04101722 uk-core:ShareCapital 2023-11-30 04101722 uk-core:ShareCapital 2022-11-30 04101722 uk-core:SharePremium 2023-11-30 04101722 uk-core:SharePremium 2022-11-30 04101722 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 04101722 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 04101722 uk-bus:Director1 2022-12-01 2023-11-30 04101722 uk-core:PlantMachinery 2022-12-01 2023-11-30 04101722 uk-core:Vehicles 2022-12-01 2023-11-30 04101722 uk-core:ComputerEquipment 2022-11-30 04101722 uk-core:Vehicles 2022-11-30 04101722 uk-core:PlantMachinery 2022-11-30 04101722 uk-core:ComputerEquipment 2022-12-01 2023-11-30 04101722 uk-core:PlantMachinery 2023-11-30 04101722 uk-core:Vehicles 2023-11-30 04101722 uk-core:ComputerEquipment 2023-11-30 04101722 uk-core:WithinOneYear 2023-11-30 04101722 uk-core:WithinOneYear 2022-11-30 iso4217:GBP xbrli:pure 04101722 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 04101722 uk-bus:FRS102 2022-12-01 2023-11-30 04101722 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 04101722 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Draft
Technical Display Consortium Limited
Registered Number:04101722
For the year ended 30 November 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 30 November 2023
Technical Display Consortium Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Draft
Registered Number :
04101722
As at 30 November 2023
Technical Display Consortium Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
118,166
74,833
2
118,166
74,833
Current assets
Inventories
93,760
47,484
3
Trade and other receivables
246,767
140,526
4
196,086
Cash and cash equivalents
251,307
439,317
536,613
Trade and other payables: amounts falling due within one year
(330,438)
(217,289)
5
206,175
222,028
Net current assets
Total assets less current liabilities
340,194
281,008
Trade and other payables: amounts falling due after more than one year
(44,675)
(15,481)
6
324,713
Net assets
236,333
Capital and reserves
Called up share capital
130
110
Share premium account
7,480
-
Retained earnings
317,103
236,223
324,713
236,333
Shareholders' funds
For the year ended 30 November 2023 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 of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Michael Hackett Director
These financial statements were approved and authorised for issue by the Board on 20 August 2024 and were signed by:
1 of 5
4
Draft
Registered Number :
04101722
For the year ended 30 November 2023
Technical Display Consortium Limited
Statement of Financial Position Continued
The notes form part of these financial statements
2 of 5
5
Draft
For the year ended 30 November 2023
Technical Display Consortium Limited
Notes to the Financial Statements
Statutory Information
Technical Display Consortium Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
04101722.
Registered address:
Valley House
3 Whiting Street
Sheffield
S8 9QR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Property, plant and equipment, 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:
Plant and machinery
20% Straight line
25% Straight line
Motor vehicles
Inventories
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.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
6
Draft
For the year ended 30 November 2023
Technical Display Consortium Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or valuation
At 01 December 2022
178,654
3,567
79,777
95,310
111,979
-
111,979
-
Additions
-
(79,779)
-
Disposals
(79,779)
At 30 November 2023
95,310
111,977
3,567
210,854
Provision for depreciation and impairment
At 01 December 2022
103,821
1,784
29,184
72,853
Charge for year
25,812
892
19,760
5,160
(36,945)
-
(36,945)
-
On disposal
At 30 November 2023
92,688
2,676
11,999
78,013
At 30 November 2023
Net book value
17,297
99,978
891
118,166
At 30 November 2022
22,457
50,593
1,783
74,833
3. Inventories
2022
2023
£
£
Stocks
47,484
93,760
4. Trade and other receivables
2022
2023
£
£
Trade debtors
140,526
246,767
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
30,000
42,606
Trade creditors
66,819
182,550
Taxation and social security
105,596
78,282
Other creditors
14,874
27,000
217,289
330,438
4 of 5
7
Draft
For the year ended 30 November 2023
Technical Display Consortium Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
15,481
44,675
7. Average number of persons employed
During the year the average number of employees was 7 (2022 : 7)
5 of 5