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Company Registration No. 11295272 (England and Wales)
Turnkey Corporate Limited Unaudited accounts for the year ended 31 March 2024
Turnkey Corporate Limited Unaudited accounts Contents
Page
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Turnkey Corporate Limited Company Information for the year ended 31 March 2024
Director
Mr John Woodruffe
Company Number
11295272 (England and Wales)
Registered Office
1 Cooper Hill Drive Walton-Le-Dale Preston PR5 4HE United Kingdom
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Turnkey Corporate Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,004 
15,048 
Current assets
Debtors
42,361 
51,349 
Cash at bank and in hand
17,776 
13,458 
60,137 
64,807 
Creditors: amounts falling due within one year
(55,974)
(61,653)
Net current assets
4,163 
3,154 
Total assets less current liabilities
6,167 
18,202 
Creditors: amounts falling due after more than one year
- 
(1,223)
Net assets
6,167 
16,979 
Capital and reserves
Called up share capital
10 
20 
Profit and loss account
6,157 
16,959 
Shareholders' funds
6,167 
16,979 
For the year ending 31 March 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 August 2024 and were signed on its behalf by
Mr John Woodruffe Director Company Registration No. 11295272
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Turnkey Corporate Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Turnkey Corporate Limited is a private company, limited by shares, registered in England and Wales, registration number 11295272. The registered office is 1 Cooper Hill Drive, Walton-Le-Dale, Preston, PR5 4HE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
10% Straight Line
Computer equipment
25% Reducing Balance
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Turnkey Corporate Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
1,458 
15,000 
2,788 
19,246 
Disposals
- 
(15,000)
- 
(15,000)
At 31 March 2024
1,458 
- 
2,788 
4,246 
Depreciation
At 1 April 2023
484 
2,625 
1,089 
4,198 
Charge for the year
244 
- 
425 
669 
On disposals
- 
(2,625)
- 
(2,625)
At 31 March 2024
728 
- 
1,514 
2,242 
Net book value
At 31 March 2024
730 
- 
1,274 
2,004 
At 31 March 2023
974 
12,375 
1,699 
15,048 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,628 
35,028 
Accrued income and prepayments
134 
1,032 
Other debtors
10,599 
15,289 
42,361 
51,349 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
885 
2,760 
VAT
11,335 
12,483 
Trade creditors
7,807 
16,584 
Taxes and social security
35,197 
29,248 
Other creditors
- 
78 
Accruals
750 
500 
55,974 
61,653 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
1,223 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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