1 false false false false false false false false false false true false false false false false false No description of principal activity 2022-12-01 Sage Accounts Production Advanced 2023 - FRS102_2023 37,500 37,500 37,500 xbrli:pure xbrli:shares iso4217:GBP 07853624 2022-12-01 2023-11-30 07853624 2023-11-30 07853624 2022-11-30 07853624 2021-10-01 2022-11-30 07853624 2022-11-30 07853624 2021-09-30 07853624 bus:Director1 2022-12-01 2023-11-30 07853624 core:WithinOneYear 2023-11-30 07853624 core:WithinOneYear 2022-11-30 07853624 core:AfterOneYear 2022-11-30 07853624 core:ShareCapital 2023-11-30 07853624 core:ShareCapital 2022-11-30 07853624 core:RetainedEarningsAccumulatedLosses 2023-11-30 07853624 core:RetainedEarningsAccumulatedLosses 2022-11-30 07853624 core:CostValuation core:Non-currentFinancialInstruments 2023-11-30 07853624 core:Non-currentFinancialInstruments 2023-11-30 07853624 core:Non-currentFinancialInstruments 2022-11-30 07853624 bus:SmallEntities 2022-12-01 2023-11-30 07853624 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 07853624 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 07853624 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 07853624 bus:FullAccounts 2022-12-01 2023-11-30
COMPANY REGISTRATION NUMBER: 07853624
Tresman Limited
Filleted Unaudited Financial Statements
For the year ended
30 November 2023
Tresman Limited
Statement of Financial Position
30 November 2023
2023
2022
Note
£
£
Fixed assets
Investments
5
37,500
37,500
Current assets
Debtors
6
43,213
171,373
Cash at bank and in hand
661,916
786,523
---------
---------
705,129
957,896
Creditors: amounts falling due within one year
7
518,639
697,767
---------
---------
Net current assets
186,490
260,129
---------
---------
Total assets less current liabilities
223,990
297,629
Creditors: amounts falling due after more than one year
8
25,000
---------
---------
Net assets
223,990
272,629
---------
---------
Capital and reserves
Called up share capital
10
10
Profit and loss account
223,980
272,619
---------
---------
Shareholders funds
223,990
272,629
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Tresman Limited
Statement of Financial Position (continued)
30 November 2023
These financial statements were approved by the board of directors and authorised for issue on 23 August 2024 , and are signed on behalf of the board by:
J E Chitty
Director
Company registration number: 07853624
Tresman Limited
Notes to the Financial Statements
Year ended 30 November 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Building 15, Gateway 1000 Whittle Way, Arlington Business Park, Stevenage, SG1 2FP, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as disclosed in the accounting policies. Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. The key assumptions and other sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are as disclosed in the accounting policies.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the 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.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost. Financial liabilities - trade creditors, accruals and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Investments
Shares in group undertakings
£
Cost
At 1 December 2022 and 30 November 2023
37,500
--------
Impairment
At 1 December 2022 and 30 November 2023
--------
Carrying amount
At 30 November 2023
37,500
--------
At 30 November 2022
37,500
--------
6. Debtors
2023
2022
£
£
Trade debtors
39,965
79,650
Other debtors
3,248
91,723
--------
---------
43,213
171,373
--------
---------
7. Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
10,000
Trade creditors
81,713
438,192
Amounts owed to group undertakings and undertakings in which the company has a participating interest
1,365
Social security and other taxes
97,142
116,792
Other creditors
338,419
132,783
---------
---------
518,639
697,767
---------
---------
8. Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
25,000
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--------