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REGISTERED NUMBER: 05880065 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

T A Innovative Waste Solutions Limited

T A Innovative Waste Solutions Limited (Registered number: 05880065)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


T A Innovative Waste Solutions Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: A Abbott
Mrs S Abbott





SECRETARY: Mrs S Abbott





REGISTERED OFFICE: 658B Chatsworth Road
Chesterfield
Derbyshire
S40 3JZ





REGISTERED NUMBER: 05880065 (England and Wales)





ACCOUNTANTS: Hadfields Chartered Certified Accountants
Commerce House
658B Chatsworth Road
Chesterfield
Derbyshire
S40 3JZ

T A Innovative Waste Solutions Limited (Registered number: 05880065)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,340 2,730

CURRENT ASSETS
Stocks 21,663 12,099
Debtors 5 34,341 36,144
Cash at bank 59,437 60,281
115,441 108,524
CREDITORS
Amounts falling due within one year 6 50,420 43,751
NET CURRENT ASSETS 65,021 64,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,361

67,503

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 67,261 67,403
SHAREHOLDERS' FUNDS 67,361 67,503

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

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 17 October 2024 and were signed on its behalf by:





A Abbott - Director


T A Innovative Waste Solutions Limited (Registered number: 05880065)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

T A Innovative Waste Solutions 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.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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 2 (2023 - 2 ) .

T A Innovative Waste Solutions Limited (Registered number: 05880065)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 August 2023 2,498 8,384 3,648 14,530
Additions - - 475 475
Disposals - - (2,566 ) (2,566 )
At 31 July 2024 2,498 8,384 1,557 12,439
DEPRECIATION
At 1 August 2023 1,473 7,265 3,062 11,800
Charge for year 205 280 88 573
Eliminated on disposal - - (2,274 ) (2,274 )
At 31 July 2024 1,678 7,545 876 10,099
NET BOOK VALUE
At 31 July 2024 820 839 681 2,340
At 31 July 2023 1,025 1,119 586 2,730

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 33,830 35,966
Other debtors 511 178
34,341 36,144

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 70 21
Trade creditors 23,726 5,209
Taxation and social security 14,296 16,988
Other creditors 12,328 21,533
50,420 43,751

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £13,000 (2023 - £17,500) were paid to the directors .