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Registered Number: 09599466
England and Wales

 

 

 

TTS DEVELOPMENTS LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 June 2023

End date: 31 May 2024
Directors Stephen Merkel
Karen Merkel
Registered Number 09599466
Registered Office 8 Magellan Terrace
Gatwick Road
Berkshire
Gatwick
RH10 9PJ
1
Director's report and financial statements
The directors present his/her/their report and accounts for the year ended 31 May 2024.
Directors
The directors who served the company throughout the year were as follows:
Stephen Merkel
Karen Merkel

This report was approved by the board and signed on its behalf by:


----------------------------------
Stephen Merkel
Director

Date approved: 25 September 2024
2
  2024   2023
    £ £   £ £
Fixed assets   12,033      15,216 
Current assets 463,451      458,555   
Creditors: amount falling due within one year (536,345)     (544,154)  
Net current assets   (72,894)     (85,599)
Total assets less current liabilities   (60,861)     (70,383)
Net assets   (60,861)     (70,383)
 

         
Capital and reserves   (60,861)     (70,383)
 
NOTES TO THE ACCOUNTS

General Information
TTS Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 09599466, registration address 8 Magellan Terrace, Gatwick Road, Berkshire, Gatwick, RH10 9PJ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).

3.

Advances and Credits



S Merkel
The following transactions subsited with the Director during the years ended:

Current year (2024)
Brought Forward
£
Amount
£
Interest
£
Repaid
£
Written Off
£
Waived
£
Carry Forward
£
S Merkel(292,954)1,409 (291,545)
-29295414090000-291545
Previous year (2023)
Brought Forward
£
Amount
£
Interest
£
Repaid
£
Written Off
£
Waived
£
Carry Forward
£
S Merkel(292,812)142 (292,954)
-2928120014200-292954

For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 25 September 2024 and were signed on its behalf by:


--------------------------------
Stephen Merkel
Director
3