ToRoCo Limited
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Enter data in the white spaces Enter numbers as + unless indicated Current year Comparative
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Company registration number 03311006
Date
Approval date of the accounts by the board 12/09/2024
Date
Date of signing on the audit/accountants report 12/09/2024
Date of engagement letter (required for Date
CA and ACCA reports) 24/08/2018
Person signing directors' report:
Name of director Mr R M Chartres
Or, name of secretary
Name of director signing balance sheet Mr R M Chartres
Address of registered office:
Address line 1 Glasfryn
Address line 2 Twyn Gwyn Road
City or town Cwmfelinfach
County or region NP11 7AX
Postcode
Name of senior statutory auditor
Name of auditors/accountants Lewis & Co
Type of firm (eg Chartered Accountants) Chartered Certified Accountants
Address of auditors/accountants
Address line 1 85 Commercial Street
Address line 2 Risca
City or town Newport
County or region South Wales
Postcode NP11 6AW
Prior year adjustments (+ for a gain; - for a loss) £
Correction of prior year errors
Effect of retrospective changes in accounting policies
More info on prior year adjustments
Number Number
Average number of persons employed by the company - -
Freehold land & buildings if
revalued amounts shown in trial balance: £ £
historical cost
cumulative depreciation based on cost
Historical cost of fixed asset investments £ £
Investments in subsidiaries
Other investments
£ £
Amounts due after more than one year included in debtors
Amounts included in creditors falling due for payment
after more than five years: £ £
Payable otherwise than by installment
Payable by installment
£ £
Secured bank loans included in creditors
Capital commitments: £ £
contracted
Total future payments due under non-cancellable £ £
operating leases
Registered number
03311006
ToRoCo Limited
Filleted Accounts
30 April 2024
ToRoCo Limited
Registered number: 03311006
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 130,118 130,139
Current assets
Cash at bank and in hand 1,270 1,097
Creditors: amounts falling due within one year 4 (102,792) (83,187)
Net current liabilities (101,522) (82,090)
Net assets 28,596 48,049
Capital and reserves
Called up share capital 100 100
Profit and loss account 28,496 47,949
Shareholders' funds 28,596 48,049
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr R M Chartres
Director
Approved by the board on 12 September 2024
ToRoCo Limited
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Fixtures, fittings, tools and equipment 15% reducing balance
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 May 2023 130,000 4,569 134,569
At 30 April 2024 130,000 4,569 134,569
Depreciation
At 1 May 2023 - 4,430 4,430
Charge for the year - 21 21
At 30 April 2024 - 4,451 4,451
Net book value
At 30 April 2024 130,000 118 130,118
At 30 April 2023 130,000 139 130,139
4 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax 912 656
Other creditors 101,880 82,531
102,792 83,187
5 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
Mr R M Chartres
Directors loan account (81,980) 4,500 (23,819) (101,299)
(81,980) 4,500 (23,819) (101,299)
6 Controlling party
The company is ultimately controlled by the director by virtue of his shareholding.
7 Other information
ToRoCo Limited is a private company limited by shares and incorporated in England. Its registered office is:
Glasfryn
Twyn Gwyn Road
Cwmfelinfach
NP11 7AX
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