Company Registration No. 10101815 (England and Wales)
TRUE NORTH MECHANICAL LTD.
Filleted accounts
for the year ended 31 January 2024
TRUE NORTH MECHANICAL LTD.
Filleted accounts
Contents
TRUE NORTH MECHANICAL LTD.
Company Information
for the year ended 31 January 2024
Directors
Michael Maydo
Jurij Scekutejev
Company Number
10101815 (England and Wales)
Registered Office
166 COLLEGE ROAD
HARROW
HA1 1BH
ENGLAND
TRUE NORTH MECHANICAL LTD.
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
16,073
64,737
Creditors: amounts falling due within one year
(197,115)
(95,607)
Net current assets
34,455
368
Total assets less current liabilities
38,512
768
Creditors: amounts falling due after more than one year
(1,541)
-
Called up share capital
100
100
Profit and loss account
36,871
668
Shareholders' funds
36,971
768
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 29 August 2024 and were signed on its behalf by
Michael Maydo
Director
Company Registration No. 10101815
TRUE NORTH MECHANICAL LTD.
Notes to the Accounts
for the year ended 31 January 2024
TRUE NORTH MECHANICAL LTD. is a private company, limited by shares, registered in England and Wales, registration number 10101815. The registered office is 166 COLLEGE ROAD, HARROW, HA1 1BH, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
1,249
7,277
8,526
At 31 January 2024
6,658
7,277
13,935
At 1 February 2023
1,197
6,929
8,126
Charge for the year
1,404
348
1,752
At 31 January 2024
2,601
7,277
9,878
At 31 January 2024
4,057
-
4,057
At 31 January 2023
52
348
400
Amounts falling due within one year
Trade debtors
12,630
12,630
Other debtors
200,000
16,491
TRUE NORTH MECHANICAL LTD.
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
109,924
95,517
7
Creditors: amounts falling due after more than one year
2024
2023
Taxes and social security
1,541
-
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).