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REGISTERED NUMBER: 04207509 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Tascol Shore Engineering Limited

Tascol Shore Engineering Limited (Registered number: 04207509)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tascol Shore Engineering Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: P Shore
B D Phillips





SECRETARY: Miss G L Allwood





REGISTERED OFFICE: Unit 14
Coachgap Lane
Nottingham
NG11 9HP





REGISTERED NUMBER: 04207509 (England and Wales)





ACCOUNTANTS: Appleton Richardson & Co
272 Wilford Lane
Wilford
Nottingham
Nottinghamshire
NG11 7AW

Tascol Shore Engineering Limited (Registered number: 04207509)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,933 20,444

CURRENT ASSETS
Stocks 8,155 7,500
Debtors 5 44,589 97,551
Cash at bank and in hand 81,265 99,567
134,009 204,618
CREDITORS
Amounts falling due within one year 6 146,521 164,194
NET CURRENT (LIABILITIES)/ASSETS (12,512 ) 40,424
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,421

60,868

CREDITORS
Amounts falling due after more than one
year

7

66,706

47,933
NET (LIABILITIES)/ASSETS (44,285 ) 12,935

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (44,385 ) 12,835
(44,285 ) 12,935

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 directors acknowledge their 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.

Tascol Shore Engineering Limited (Registered number: 04207509)

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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2024 and were signed on its behalf by:





P Shore - Director


Tascol Shore Engineering Limited (Registered number: 04207509)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Tascol Shore Engineering Limited 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 5 (2023 - 5 ) .

Tascol Shore Engineering Limited (Registered number: 04207509)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 57,771
Additions 24,442
At 31 March 2024 82,213
DEPRECIATION
At 1 April 2023 37,327
Charge for year 9,953
At 31 March 2024 47,280
NET BOOK VALUE
At 31 March 2024 34,933
At 31 March 2023 20,444

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 44,589 97,551

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 70 2,973
Trade creditors 112,250 128,360
Taxation and social security 26,511 26,361
Other creditors 7,690 6,500
146,521 164,194

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 66,706 47,933

8. OTHER FINANCIAL COMMITMENTS

Five year rent agreement in place from April 2021 with the first two years discounted hundred percent, third year discounted at 50% and the remaining two years at the standard terms.
Future Financial commitments £46,000

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The directors loan accounts ware in credit at the start of the year, and remains in credit throughout the year and at year end.

Tascol Shore Engineering Limited (Registered number: 04207509)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

10. ULTIMATE CONTROLLING PARTY

The controlling party is P Shore.