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REGISTERED NUMBER: 09417670 (England and Wales)















TEXO DEVELOPMENTS LIMITED

FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024






TEXO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09417670)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TEXO DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024







DIRECTOR: Mrs S A Vince





REGISTERED OFFICE: King Arthurs Court
Maidstone Road
Charing
Ashford
Kent
TN27 0JS





REGISTERED NUMBER: 09417670 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

TEXO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09417670)

BALANCE SHEET
30 JUNE 2024

2024 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 143 229
Investments 5 1 1
144 230

CURRENT ASSETS
Stocks - 10,000
Debtors 6 - 67
Cash at bank 17,278 58,810
17,278 68,877
CREDITORS
Amounts falling due within one year 7 (7,253 ) (46,272 )
NET CURRENT ASSETS 10,025 22,605
TOTAL ASSETS LESS CURRENT
LIABILITIES

10,169

22,835

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,069 22,735
10,169 22,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

TEXO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09417670)

BALANCE SHEET - continued
30 JUNE 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 October 2024 and were signed by:





Mrs S A Vince - Director


TEXO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09417670)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

1. STATUTORY INFORMATION

Texo Developments 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixture & Fittings - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2022 - 2 ).

TEXO DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09417670)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 JANUARY 2023 TO 30 JUNE 2024

4. TANGIBLE FIXED ASSETS
Fixture &
Fittings
£   
COST
At 1 January 2023
and 30 June 2024 605
DEPRECIATION
At 1 January 2023 376
Charge for period 86
At 30 June 2024 462
NET BOOK VALUE
At 30 June 2024 143
At 31 December 2022 229

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2023
and 30 June 2024 1
NET BOOK VALUE
At 30 June 2024 1
At 31 December 2022 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
VAT - 67

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors 130 24
Amounts owed to group undertakings 1 1
Corporation Tax - 363
Sundry creditors 350 36,438
Other Creditors- Mr PJE Morley 2,760 -
Directors' current accounts 3,312 6,072
Accrued expenses 700 3,374
7,253 46,272