Company Registration No. 08333902 (England and Wales)
T.D.Welding Services Limited
Unaudited accounts
for the year ended 31 December 2023
T.D.Welding Services Limited
Unaudited accounts
Contents
T.D.Welding Services Limited
Company Information
for the year ended 31 December 2023
Company Number
08333902 (England and Wales)
Registered Office
2 Double Roof
Gloucester Road
Hartpury
GL19 3BT
Accountants
The Practice - Chartered Management Accountants
2 New Street
Ledbury
Herefordshire
HR8 2DX
T.D.Welding Services Limited
Statement of financial position
as at 31 December 2023
Tangible assets
10,710
15,229
Cash at bank and in hand
(511)
19,012
Creditors: amounts falling due within one year
15,255
20,419
Net current assets
27,868
50,649
Called up share capital
1
1
Profit and loss account
38,577
65,877
Shareholders' funds
38,578
65,878
For the year ending 31 December 2023 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 10 September 2024 and were signed on its behalf by
Tim Davies
Director
Company Registration No. 08333902
T.D.Welding Services Limited
Notes to the Accounts
for the year ended 31 December 2023
T.D.Welding Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08333902. The registered office is 2 Double Roof , Gloucester Road, Hartpury, GL19 3BT.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
Asset class Amortisation method and rate - Goodwill 20% Straight Line
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
20% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
4
Intangible fixed assets
Goodwill
At 31 December 2023
100,000
At 31 December 2023
100,000
T.D.Welding Services Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
76,804
30,742
10,840
118,386
At 31 December 2023
77,239
30,742
10,840
118,821
At 1 January 2023
71,475
20,842
10,840
103,157
Charge for the year
2,479
2,475
-
4,954
At 31 December 2023
73,954
23,317
10,840
108,111
At 31 December 2023
3,285
7,425
-
10,710
At 31 December 2022
5,329
9,900
-
15,229
Amounts falling due within one year
Trade debtors
13,124
11,218
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
16,097
18,517
Loans from directors
(31,352)
(43,455)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
45,319
31,352
45,319
31,352
45,319
31,352
45,319
31,352
The ultimate controlling party is director who owns 100% of the called up share capital.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).