2022-12-01 NI610076 2023-11-30 NI610076 2022-12-01 2023-11-30 NI610076 2022-11-30 NI610076 2021-12-01 2022-11-30 NI610076 uk-core:WithinOneYear 2022-11-30 NI610076 uk-core:WithinOneYear 2023-11-30 NI610076 uk-core:AfterOneYear 2022-11-30 NI610076 uk-core:AfterOneYear 2023-11-30 NI610076 uk-core:ShareCapital 2023-11-30 NI610076 uk-core:ShareCapital 2022-11-30 NI610076 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 NI610076 uk-core:RetainedEarningsAccumulatedLosses 2022-11-30 NI610076 uk-bus:Director1 2022-12-01 2023-11-30 NI610076 uk-core:ToolsEquipment 2022-12-01 2023-11-30 NI610076 uk-core:CostValuation 2022-11-30 NI610076 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2022-11-30 NI610076 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-11-30 NI610076 uk-core:CostValuation 2023-11-30 NI610076 uk-core:Non-currentFinancialInstruments 2023-11-30 NI610076 uk-core:Non-currentFinancialInstruments 2022-11-30 NI610076 uk-core:WithinOneYear 2023-11-30 NI610076 uk-core:WithinOneYear 2022-11-30 NI610076 uk-core:AfterOneYear uk-core:Secured 2023-11-30 NI610076 uk-core:AfterOneYear uk-core:Secured 2022-11-30 iso4217:GBP xbrli:pure NI610076 uk-bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 NI610076 uk-bus:FRS102 2022-12-01 2023-11-30 NI610076 uk-bus:FilletedAccounts 2022-12-01 2023-11-30 NI610076 uk-bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
TKS CONTRACTS LTD
Registered Number:NI610076
For the year ended 30 November 2023
Northern Ireland
Unaudited Financial Statements
2
For the year ended 30 November 2023
TKS CONTRACTS LTD
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
NI610076
As at 30 November 2023
TKS CONTRACTS LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
478
598
2
Financial assets
2,400
2,400
3
2,878
2,998
Current assets
6,431
Cash and cash equivalents
265
265
6,431
Trade and other payables: amounts falling due within one
year
(9,400)
(23,691)
4
(2,969)
(23,426)
Net current liabilities
Total assets less current liabilities
(20,548)
29
Trade and other payables: amounts falling due after more
than one year
(15,741)
(9,698)
5
(30,246)
Net liabilities
(15,712)
Capital and reserves
Called up share capital
1
1
Retained earnings
(30,247)
(15,713)
(30,246)
(15,712)
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.
Trevor Kirkpatrick Director
These financial statements were approved and authorised for issue by the Board on 29 August 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 November 2023
TKS CONTRACTS LTD
Notes to the Financial Statements
Statutory Information
TKS CONTRACTS LTD is a private limited company, limited by shares, domiciled in Northern Ireland, registration
number NI610076.
Registered address:
160 Gulladuff road
Bellaghy, Londonerry
Northern ireland
BT45 8LW
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
Tangible fixed assets, 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:
20% Reducing balance
Computer equipment
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Computer
equipment
£
Cost or
valuation
At 01 December 2022
3,716
At 30 November 2023
3,716
Provision for depreciation and impairment
At 01 December 2022
3,118
Charge for year
120
At 30 November 2023
3,238
At 30 November 2023
Net book value
478
At 30 November 2022
598
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5
For the year ended 30 November 2023
TKS CONTRACTS LTD
Notes to the Financial Statements Continued
3. Investments held as fixed assets
Other investments
Total
At 01 December 2022
2,400
2,400
Cost
£
£
At 30 November 2023
2,400
2,400
At 30 November 2023
Net book value
2,400
2,400
At 01 December 2022
2,400
2,400
Investments are stated at directors valuation of £770,000 (2019 - £409,783) and are based on currency fluctuations
and share valuation movements.
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
6,000
6,000
Other creditors
17,691
3,400
23,691
9,400
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
9,698
15,741
6. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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