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REGISTERED NUMBER: 09446327 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

TT Transportation Limited

TT Transportation Limited (Registered number: 09446327)






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




Page

Company Information 1

Abridged Income Statement 2

Abridged Balance Sheet 3

Notes to the Financial Statements 5


TT Transportation Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr Tristan Greg Thorpe





REGISTERED OFFICE: 14 Chuters Grove
Epsom
Surrey
KT17 4AS





REGISTERED NUMBER: 09446327 (England and Wales)





ACCOUNTANT: Marden & Co Accountants Limited
45 Nork Way
Banstead
Surrey
SM7 1PB

TT Transportation Limited (Registered number: 09446327)

Abridged Income Statement
for the Year Ended 29 February 2024

2024 2023
Notes £    £   

GROSS PROFIT 233,780 257,606

Administrative expenses 165,737 176,297
OPERATING PROFIT 4 68,043 81,309


Interest payable and similar expenses 969 209
PROFIT BEFORE TAXATION 67,074 81,100

Tax on profit 13,907 14,165
PROFIT FOR THE FINANCIAL YEAR 53,167 66,935

TT Transportation Limited (Registered number: 09446327)

Abridged Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 55,938 56,838

CURRENT ASSETS
Debtors 30,320 34,035
Cash at bank 19,363 9,866
49,683 43,901
CREDITORS
Amounts falling due within one year 35,584 33,369
NET CURRENT ASSETS 14,099 10,532
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,037

67,370

CREDITORS
Amounts falling due after more than one
year

12,000

-
NET ASSETS 58,037 67,370

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 58,036 67,369
SHAREHOLDERS' FUNDS 58,037 67,370

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.

TT Transportation Limited (Registered number: 09446327)

Abridged 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

The financial statements were approved by the director and authorised for issue on 14 August 2024 and were signed by:





Mr Tristan Greg Thorpe - Director


TT Transportation Limited (Registered number: 09446327)

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

1. STATUTORY INFORMATION

TT Transportation 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 etc - 25% on reducing balance

Taxation
Taxation for the year 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 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.

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 3 (2023 - 3 ) .

4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 16,516 16,390

TT Transportation Limited (Registered number: 09446327)

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

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 177,718
Additions 18,000
Disposals (5,650 )
At 29 February 2024 190,068
DEPRECIATION
At 1 March 2023 120,880
Charge for year 16,516
Eliminated on disposal (3,266 )
At 29 February 2024 134,130
NET BOOK VALUE
At 29 February 2024 55,938
At 28 February 2023 56,838