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REGISTERED NUMBER: 06836193 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

T.S. RECOVERY LTD

T.S. RECOVERY LTD (REGISTERED NUMBER: 06836193)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T.S. RECOVERY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs J Soal
Mr N W Soal





REGISTERED OFFICE: 4 Spur Road
Cosham
Portsmouth
Hampshire
PO6 3EB





REGISTERED NUMBER: 06836193 (England and Wales)





ACCOUNTANTS: AMR Bookkeeping & Accounts Limited
4 Spur Road
Cosham
PORTSMOUTH
Hampshire
PO6 3EB

T.S. RECOVERY LTD (REGISTERED NUMBER: 06836193)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,998 21,248

CURRENT ASSETS
Stocks 5 1,446 2,350
Cash at bank 20,299 34,050
21,745 36,400
CREDITORS
Amounts falling due within one year 6 4,543 8,242
NET CURRENT ASSETS 17,202 28,158
TOTAL ASSETS LESS CURRENT
LIABILITIES

34,200

49,406

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 34,199 49,405
SHAREHOLDERS' FUNDS 34,200 49,406

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

T.S. RECOVERY LTD (REGISTERED NUMBER: 06836193)

BALANCE SHEET - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





Mrs J Soal - Director


T.S. RECOVERY LTD (REGISTERED NUMBER: 06836193)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

T.S. Recovery Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 20% on reducing balance
Office Equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Office
machinery vehicles Equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 695 44,526 1,160 46,381
DEPRECIATION
At 1 April 2023 339 24,495 299 25,133
Charge for year 71 4,006 173 4,250
At 31 March 2024 410 28,501 472 29,383
NET BOOK VALUE
At 31 March 2024 285 16,025 688 16,998
At 31 March 2023 356 20,031 861 21,248

T.S. RECOVERY LTD (REGISTERED NUMBER: 06836193)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. STOCKS
31.3.24 31.3.23
£    £   
Stocks 1,446 2,350

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors (1 ) -
Tax - 3,261
Social security and other taxes 479 -
VAT 3,668 4,339
Other creditors 397 642
4,543 8,242

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
1 Ordinary £1.00 1 1

8. RESERVES
Retained
earnings
£   

At 1 April 2023 49,405
Deficit for the year (9,726 )
Dividends (5,480 )
At 31 March 2024 34,199