T K L Plant Sales And Services Limited 02606292 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of the sale and hire of plant and equipment Digita Accounts Production Advanced 6.30.9574.0 true Mr M T Lynskey true 02606292 2023-01-01 2023-12-31 02606292 2023-12-31 02606292 bus:OrdinaryShareClass1 2023-12-31 02606292 core:RetainedEarningsAccumulatedLosses 2023-12-31 02606292 core:ShareCapital 2023-12-31 02606292 core:CurrentFinancialInstruments 2023-12-31 02606292 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 02606292 core:LandBuildings 2023-12-31 02606292 core:DeferredTaxation 2023-12-31 02606292 bus:FRS102 2023-01-01 2023-12-31 02606292 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02606292 bus:FullAccounts 2023-01-01 2023-12-31 02606292 bus:RegisteredOffice 2023-01-01 2023-12-31 02606292 bus:Director2 2023-01-01 2023-12-31 02606292 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 02606292 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 02606292 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02606292 core:MotorVehicles 2023-01-01 2023-12-31 02606292 countries:England 2023-01-01 2023-12-31 02606292 2022-12-31 02606292 core:LandBuildings 2022-12-31 02606292 core:DeferredTaxation 2022-12-31 02606292 2022-12-31 02606292 bus:OrdinaryShareClass1 2022-12-31 02606292 core:RetainedEarningsAccumulatedLosses 2022-12-31 02606292 core:ShareCapital 2022-12-31 02606292 core:CurrentFinancialInstruments 2022-12-31 02606292 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 02606292 core:LandBuildings 2022-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 02606292

T K L Plant Sales And Services Limited

trading as TKL Plant Sales and Services Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

T K L Plant Sales And Services Limited

trading as TKL Plant Sales and Services Ltd

Profit and Loss Account for the Year Ended 31 December 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

T K L Plant Sales And Services Limited

trading as TKL Plant Sales and Services Ltd

(Registration number: 02606292)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

51,744

51,744

Current assets

 

Stocks

4

21,000

21,000

Debtors

5

422,670

422,670

Cash at bank and in hand

 

24,198

24,198

 

467,868

467,868

Creditors: Amounts falling due within one year

7

(36,875)

(36,875)

Net current assets

 

430,993

430,993

Total assets less current liabilities

 

482,737

482,737

Provisions for liabilities

8

(78)

(78)

Net assets

 

482,659

482,659

Capital and reserves

 

Called up share capital

9

18,000

18,000

Retained earnings

464,659

464,659

Shareholders' funds

 

482,659

482,659

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 3 September 2024
 

 

T K L Plant Sales And Services Limited

trading as TKL Plant Sales and Services Ltd

(Registration number: 02606292)
Balance Sheet as at 31 December 2023

.........................................
Mr M T Lynskey
Director

 

T K L Plant Sales And Services Limited

trading as TKL Plant Sales and Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Foundary
Common Lane Wath Upon Dearne
Rotherham
South Yorkshire
S63 7DY
United Kingdom

These financial statements were authorised for issue by the director on 3 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Motor Vehicles

20% reducing balance

 

T K L Plant Sales And Services Limited

trading as TKL Plant Sales and Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

T K L Plant Sales And Services Limited

trading as TKL Plant Sales and Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

3

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

At 1 January 2023

51,744

51,744

At 31 December 2023

51,744

51,744

Depreciation

Carrying amount

At 31 December 2023

51,744

51,744

At 31 December 2022

51,744

51,744

Included within the net book value of land and buildings above is £51,744 (2022 - £51,744) in respect of freehold land and buildings.
 

4

Stocks

2023
£

2022
£

Other inventories

21,000

21,000

5

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

422,670

422,670

   

422,670

422,670

6

Cash and cash equivalents

2023
£

2022
£

Cash at bank

24,198

24,198

 

T K L Plant Sales And Services Limited

trading as TKL Plant Sales and Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

7

Creditors

2023
£

2022
£

Due within one year

Other payables

36,875

36,875

8

Provisions for liabilities

Deferred tax
£

Total
£

At 1 January 2023

78

78

At 31 December 2023

78

78

9

Share capital

Allotted, called up and fully paid shares

2023

2022

No.

£

No.

£

ordinary of £1 each

18,000

18,000

18,000

18,000