Trackair Services Limited |
Registered number: |
04584693 |
Balance Sheet |
as at 30 November 2023 |
|
Notes |
|
|
2023 |
|
|
2022 |
£ |
£ |
Current assets |
Stocks |
|
|
3,970 |
|
|
950 |
Debtors |
3 |
|
856 |
|
|
7,551 |
Cash at bank and in hand |
|
|
136,636 |
|
|
158,142 |
|
|
|
141,462 |
|
|
166,643 |
|
Creditors: amounts falling due within one year |
4 |
|
(1,092) |
|
|
(7,120) |
|
Net current assets |
|
|
|
140,370 |
|
|
159,523 |
|
Net assets |
|
|
|
140,370 |
|
|
159,523 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
140,270 |
|
|
159,423 |
|
Shareholder's funds |
|
|
|
140,370 |
|
|
159,523 |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
L Yorke |
Director |
Approved by the board on 16 August 2024 |
|
Trackair Services Limited |
Notes to the Accounts |
for the year ended 30 November 2023 |
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the value, net of value added tax, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
33⅓% straight line |
|
|
Stocks |
|
Stocks are measured at the lower of cost and net realisable value. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
Operating leases |
|
Rentals paid under operating leases are charged to income on a straight line basis over the |
|
term. |
|
|
2 |
Employees |
2023 |
|
2022 |
£ |
£ |
|
|
Average number of persons employed by the company |
- |
- |
|
|
|
|
|
|
|
|
|
|
3 |
Debtors |
2023 |
|
2022 |
£ |
£ |
|
|
Other debtors |
856 |
|
7,551 |
|
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
£ |
£ |
|
|
Taxation and social security costs |
650 |
|
1,683 |
|
Other creditors |
442 |
|
5,437 |
|
|
|
|
|
|
1,092 |
|
7,120 |
|
|
|
|
|
|
|
|
|
|
5 |
Other financial commitments |
2023 |
|
2022 |
£ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
|
within one year |
5,109 |
|
- |
|
Within two to five years |
6,812 |
|
- |
|
|
|
|
|
|
11,921 |
|
- |
|
|
6 |
Other information |
|
|
Trackair Services Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Ground Floor |
|
21 York Road |
|
Maidenhead |
|
Berkshire |
|
SL6 1SQ |