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REGISTERED NUMBER: 04872944 (England and Wales)









Unaudited Financial Statements

for the Year Ended 29 February 2024

for

T K M Construction Limited

T K M Construction Limited (Registered number: 04872944)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T K M Construction Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: M Joslin





SECRETARY: Mrs K E Joslin





REGISTERED OFFICE: 66 Outram Street
Sutton in Ashfield
Nottinghamshire
NG17 4FS





REGISTERED NUMBER: 04872944 (England and Wales)





ACCOUNTANTS: D. K. Rumsby & Co Limited
3 Colwick Quays
Colwick
Nottingham
Nottinghamshire
NG4 2JY

T K M Construction Limited (Registered number: 04872944)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 61,039 77,418

CURRENT ASSETS
Debtors 5 2,831 6,904
Cash at bank 26,324 77,932
29,155 84,836
CREDITORS
Amounts falling due within one year 6 (7,573 ) (36,284 )
NET CURRENT ASSETS 21,582 48,552
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,621

125,970

PROVISIONS FOR LIABILITIES (11,597 ) (13,977 )
NET ASSETS 71,024 111,993

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 71,022 111,991
SHAREHOLDERS' FUNDS 71,024 111,993

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 K M Construction Limited (Registered number: 04872944)

Balance Sheet - continued
29 February 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 September 2024 and were signed by:





M Joslin - Director


T K M Construction Limited (Registered number: 04872944)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

T K M Construction Limited 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 represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

T K M Construction Limited (Registered number: 04872944)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 120,979
Additions 566
At 29 February 2024 121,545
DEPRECIATION
At 1 March 2023 43,561
Charge for year 16,945
At 29 February 2024 60,506
NET BOOK VALUE
At 29 February 2024 61,039
At 28 February 2023 77,418

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors - 3,780
Other debtors 2,831 3,124
2,831 6,904

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade creditors 328 1,484
Taxation and social security 696 17,830
Other creditors 6,549 16,970
7,573 36,284

T K M Construction Limited (Registered number: 04872944)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
1 Ordinary £1 1 1
1 A Ordinary £1 1 1
2 2