2023-04-01 09479594 2024-03-31 09479594 2023-04-01 2024-03-31 09479594 2023-03-31 09479594 2022-04-01 2023-03-31 09479594 uk-core:WithinOneYear 2023-03-31 09479594 uk-core:WithinOneYear 2024-03-31 09479594 uk-core:AfterOneYear 2023-03-31 09479594 uk-core:AfterOneYear 2024-03-31 09479594 uk-core:ShareCapital 2024-03-31 09479594 uk-core:ShareCapital 2023-03-31 09479594 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 09479594 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 09479594 uk-bus:Director1 2023-04-01 2024-03-31 09479594 uk-core:PlantMachinery 2023-04-01 2024-03-31 09479594 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 09479594 uk-core:CommercialMotorVehicles 2023-03-31 09479594 uk-core:PlantMachinery 2023-03-31 09479594 uk-core:PlantMachinery 2024-03-31 09479594 uk-core:CommercialMotorVehicles 2024-03-31 iso4217:GBP xbrli:pure 09479594 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 09479594 uk-bus:FRS102 2023-04-01 2024-03-31 09479594 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 09479594 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Tack Trades Ltd
Registered Number:09479594
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
09479594
As at 31 March 2024
Tack Trades Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
23,796
31,728
2
23,796
31,728
Current assets
Trade and other receivables
7,084
9,162
3
4,296
Cash and cash equivalents
1,638
10,800
11,380
Trade and other payables: amounts falling due within one
year
(27,805)
(8,531)
4
(16,425)
2,269
Net current assets
Total assets less current liabilities
26,065
15,303
Trade and other payables: amounts falling due after more
than one year
(13,761)
(11,977)
5
14,088
Net assets
1,542
Capital and reserves
Called up share capital
1
1
Retained earnings
14,087
1,541
14,088
1,542
Shareholders' funds
For the year ended 31 March 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr James Tack Director
These financial statements were approved and authorised for issue by the Board on 03 October 2024 and were signed by:
The notes form part of these financial statements
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3
For the year ended 31 March 2024
Tack Trades Ltd
Notes to the Financial Statements
Statutory Information
Tack Trades Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
09479594.
Principal place of business:
5 Chigwell Road
London
E18 1LR
Registered address:
5 Chigwell Road
London
E18 1LR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25 Reducing balance
25% Reducing balance
Motor vehicles
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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4
For the year ended 31 March 2024
Tack Trades Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor
vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 April 2023
32,722
32,403
319
At 31 March 2024
319
32,403
32,722
Provision for depreciation and impairment
At 01 April 2023
994
675
319
Charge for year
7,932
7,932
-
At 31 March 2024
8,926
8,607
319
At 31 March 2024
Net book value
-
23,796
23,796
At 31 March 2023
-
31,728
31,728
3. Trade and other receivables
2023
2024
£
£
Trade debtors
652
-
Other debtors
8,510
7,084
7,084
9,162
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
(1)
Taxation and social security
6,763
345
Other creditors
1,768
27,461
8,531
27,805
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft (secured)
11,977
13,761
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 2)
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5
For the year ended 31 March 2024
Tack Trades Ltd
Notes to the Financial Statements Continued
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