1 false false false false false false false false false false true false false false false false false No description of principal activity 2022-08-30 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 12837066 2022-08-30 2023-08-31 12837066 2023-08-31 12837066 2022-08-29 12837066 2021-08-31 2022-08-29 12837066 2022-08-29 12837066 2021-08-30 12837066 bus:Director1 2022-08-30 2023-08-31 12837066 core:WithinOneYear 2023-08-31 12837066 core:WithinOneYear 2022-08-29 12837066 core:ShareCapital 2023-08-31 12837066 core:ShareCapital 2022-08-29 12837066 core:RetainedEarningsAccumulatedLosses 2023-08-31 12837066 core:RetainedEarningsAccumulatedLosses 2022-08-29 12837066 bus:SmallEntities 2022-08-30 2023-08-31 12837066 bus:AuditExemptWithAccountantsReport 2022-08-30 2023-08-31 12837066 bus:SmallCompaniesRegimeForAccounts 2022-08-30 2023-08-31 12837066 bus:PrivateLimitedCompanyLtd 2022-08-30 2023-08-31 12837066 bus:FullAccounts 2022-08-30 2023-08-31
COMPANY REGISTRATION NUMBER: 12837066
Ty Laurel Limited
Filleted Unaudited Financial Statements
For the year ended
31 August 2023
Ty Laurel Limited
Statement of Financial Position
31 August 2023
2023
2022
Note
£
£
Current assets
Stocks
321,672
321,672
Debtors
5
815
249
Cash at bank and in hand
134
4,005
---------
---------
322,621
325,926
Creditors: amounts falling due within one year
6
340,863
332,820
---------
---------
Net current liabilities
18,242
6,894
--------
-------
Total assets less current liabilities
( 18,242)
( 6,894)
--------
-------
Net liabilities
( 18,242)
( 6,894)
--------
-------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 18,342)
( 6,994)
--------
-------
Shareholders deficit
( 18,242)
( 6,894)
--------
-------
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 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 29 August 2024 , and are signed on behalf of the board by:
Mr T D Allen
Director
Company registration number: 12837066
Ty Laurel Limited
Notes to the Financial Statements
Year ended 31 August 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 2 Oldfield Road, Bocam Park, Bridgend, CF35 5LJ.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Debtors
2023
2022
£
£
Other debtors
815
249
----
----
6. Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
3,908
Other creditors
336,955
332,820
---------
---------
340,863
332,820
---------
---------