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REGISTERED NUMBER: 02680103 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

T B L CONCRETE LIMITED

T B L CONCRETE LIMITED (REGISTERED NUMBER: 02680103)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T B L CONCRETE LIMITED

COMPANY INFORMATION
for the year ended 31 March 2024







DIRECTORS: Miss S L Barker
Mrs L M Rump





REGISTERED OFFICE: 124 Thorpe Road
Norwich
Norfolk
NR1 1RS





REGISTERED NUMBER: 02680103 (England and Wales)





ACCOUNTANTS: Sexty & Co
Chartered Certified Accountants
124 Thorpe Road
Norwich
Norfolk
NR1 1RS

T B L CONCRETE LIMITED (REGISTERED NUMBER: 02680103)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 412,491 354,071

CURRENT ASSETS
Stocks 26,955 29,133
Debtors 5 332,514 334,431
Cash at bank and in hand 7,679 6,329
367,148 369,893
CREDITORS
Amounts falling due within one year 6 666,457 551,534
NET CURRENT LIABILITIES (299,309 ) (181,641 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

113,182

172,430

CREDITORS
Amounts falling due after more than one
year

7

(67,208

)

(48,575

)

PROVISIONS FOR LIABILITIES (30,000 ) (21,400 )
NET ASSETS 15,974 102,455

CAPITAL AND RESERVES
Called up share capital 9 49 49
Capital redemption reserve 51 51
Retained earnings 15,874 102,355
SHAREHOLDERS' FUNDS 15,974 102,455

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

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 directors acknowledge their 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 B L CONCRETE LIMITED (REGISTERED NUMBER: 02680103)

BALANCE SHEET - continued
31 March 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 Board of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by:




Miss S L Barker - Director



Mrs L M Rump - Director


T B L CONCRETE LIMITED (REGISTERED NUMBER: 02680103)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2024

1. STATUTORY INFORMATION

T B L Concrete 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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
Tangible fixed assets are recorded at cost less accumulated depreciation. Cost includes the original purchase price of the asset plus costs attributable to bringing the asset to its working condition for its intended use. Land is not depreciated. Depreciation on other assets is charged from the time when tangible fixed assets are brought into use and is calculated so as to write off the cost of fixed assets, less their estimated residual values, over the expected useful economic lives of the assets concerned. The principal annual rates used for this purpose are as follows:

Freehold property - 2% straight line
Plant & machinery etc - 33% straight line and 15% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

T B L CONCRETE LIMITED (REGISTERED NUMBER: 02680103)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 12 (2023 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2023 159,784 664,870 824,654
Additions - 147,606 147,606
Disposals - (81,302 ) (81,302 )
At 31 March 2024 159,784 731,174 890,958
DEPRECIATION
At 1 April 2023 30,407 440,176 470,583
Charge for year 2,579 51,554 54,133
Eliminated on disposal - (46,249 ) (46,249 )
At 31 March 2024 32,986 445,481 478,467
NET BOOK VALUE
At 31 March 2024 126,798 285,693 412,491
At 31 March 2023 129,377 224,694 354,071

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 282,502 328,311
Other debtors 50,012 6,120
332,514 334,431

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 63,297 10,015
Hire purchase contracts 28,873 24,006
Trade creditors 527,280 419,671
Amounts owed to group undertakings 3,941 3,941
Taxation and social security 25,043 75,259
Other creditors 18,023 18,642
666,457 551,534

T B L CONCRETE LIMITED (REGISTERED NUMBER: 02680103)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 12,500 22,500
Hire purchase contracts 32,245 3,068
Other creditors 22,463 23,007
67,208 48,575

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 53,297 15
Hire purchase contracts 61,118 27,074
114,415 27,089

Hire purchase contracts are secured on the assets concerned.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
25 Ordinary 'A' £1 25 25
24 Ordinary 'B' £1 24 24
49 49

10. PENSION COMMITMENTS

At 31 March 2024, included in other creditors falling due within one year, are unpaid contributions of £2,339 (2023 - £2,353) due to a defined contribution pension scheme.

11. FINANCIAL COMMITMENTS

At the balance sheet date, the company had total financial commitments which are not included in the balance sheet of £128,312 (2023 - £6,384).

12. PARENT UNDERTAKING

The ultimate parent undertaking is TBL Group Limited, a company registered in England and Wales. The company is not a member of a group for which consolidated financial statements are prepared.