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REGISTERED NUMBER: 04383319 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

TANN WESTLAKE LTD.

TANN WESTLAKE LTD. (REGISTERED NUMBER: 04383319)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TANN WESTLAKE LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: S J Tann





SECRETARY: C Stuttard





REGISTERED OFFICE: Smalls Hill Farm
Smalls Hill Road
Leigh
Surrey
RH2 8QB





REGISTERED NUMBER: 04383319 (England and Wales)





ACCOUNTANTS: SHF Accountancy Limited
Chartered Accountants
Smalls Hill Farm
Smalls Hill Road
Leigh
Surrey
RH2 8QB

TANN WESTLAKE LTD. (REGISTERED NUMBER: 04383319)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,396 33,722

CURRENT ASSETS
Debtors 5 337,041 359,553
Cash at bank and in hand 16,549 256
353,590 359,809
CREDITORS
Amounts falling due within one year 6 95,848 99,141
NET CURRENT ASSETS 257,742 260,668
TOTAL ASSETS LESS CURRENT
LIABILITIES

292,138

294,390

CREDITORS
Amounts falling due after more than one
year

7

(31,574

)

(35,488

)

PROVISIONS FOR LIABILITIES (7,764 ) -
NET ASSETS 252,800 258,902

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 252,700 258,802
SHAREHOLDERS' FUNDS 252,800 258,902

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.

TANN WESTLAKE LTD. (REGISTERED NUMBER: 04383319)

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.

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 14 August 2024 and were signed by:





S J Tann - Director


TANN WESTLAKE LTD. (REGISTERED NUMBER: 04383319)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Tann Westlake Ltd. 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 represents the invoiced value of services provided excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% 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.

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 6 (2023 - 10 ) .

TANN WESTLAKE LTD. (REGISTERED NUMBER: 04383319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 March 2023 2,835 31,667 50,396 84,898
Additions - 3,900 2,722 6,622
Disposals - (10,843 ) (23,021 ) (33,864 )
At 29 February 2024 2,835 24,724 30,097 57,656
DEPRECIATION
At 1 March 2023 768 17,265 33,143 51,176
Charge for year 207 2,745 2,996 5,948
Eliminated on disposal - (10,843 ) (23,021 ) (33,864 )
At 29 February 2024 975 9,167 13,118 23,260
NET BOOK VALUE
At 29 February 2024 1,860 15,557 16,979 34,396
At 28 February 2023 2,067 14,402 17,253 33,722

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 75,742 83,175
Amounts owed by group undertakings 257,436 -
Other debtors 2,249 272,044
Prepayments 1,614 4,334
337,041 359,553

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 14,136
Trade creditors 8,628 4,834
Tax 13,645 3,539
Social security and other taxes 2,862 5,388
VAT 18,019 21,627
Other creditors 12,939 21,300
Directors' current accounts 65 65
Accruals and deferred income 34,690 28,252
95,848 99,141

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 31,574 35,488

TANN WESTLAKE LTD. (REGISTERED NUMBER: 04383319)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 15,532 15,170
Between one and five years 39,292 8,427
54,824 23,597

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1 March 2023 258,802
Profit for the year 54,673
Dividends (60,775 )
At 29 February 2024 252,700

11. ULTIMATE CONTROLLING PARTY

The controlling party is S J Tann.

The ultimate controlling party is S J Tann.

12. PARENT COMPANY

The company's parent company is Tann Group Limited whose registered office is Smalls Hill Farm, Smalls Hill Road, Leigh, Surrey, RH2 8QB.