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REGISTERED NUMBER: 01651293 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 31st March 2024

for

Tutbury Sheepskin Tanners Limited

Tutbury Sheepskin Tanners Limited (Registered number: 01651293)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Tutbury Sheepskin Tanners Limited

Company Information
for the Year Ended 31st March 2024







DIRECTORS: Mr J McGibbon
Mrs S McGibbon





SECRETARY: Mrs S McGibbon





REGISTERED OFFICE: 37 Chatsworth Drive
Tutbury
Burton-on-Trent
Staffordshire
DE13 9NS





REGISTERED NUMBER: 01651293 (England and Wales)





ACCOUNTANTS: Rice & Co Limited
Chartered Accountants
14a Market Place
Uttoxeter
Staffordshire
ST14 8HP

Tutbury Sheepskin Tanners Limited (Registered number: 01651293)

Balance Sheet
31st March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 5 4,646 9,362
Cash at bank 18,863 8,590
23,509 17,952
CREDITORS
Amounts falling due within one year 6 39,019 34,453
NET CURRENT LIABILITIES (15,510 ) (16,501 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,510

)

(16,501

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (15,610 ) (16,601 )
SHAREHOLDERS' FUNDS (15,510 ) (16,501 )

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

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

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 21st October 2024 and were signed on its behalf by:



Mr J McGibbon - Director


Tutbury Sheepskin Tanners Limited (Registered number: 01651293)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. STATUTORY INFORMATION

Tutbury Sheepskin Tanners 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Although the company has net liabilities at the end of the financial year, the directors have confirmed that they will personally finance the company's operations for the foreseeable future. The financial statements have therefore been prepared on the basis that the company will continue as a going concern.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and value added tax. Turnover is recognised upon despatch of the related goods.

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 - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Tutbury Sheepskin Tanners Limited (Registered number: 01651293)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st April 2023
and 31st March 2024 7,627
DEPRECIATION
At 1st April 2023
and 31st March 2024 7,627
NET BOOK VALUE
At 31st March 2024 -
At 31st March 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 4,646 9,362

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 10,270 7,881
Taxation and social security 15,716 15,434
Other creditors 13,033 11,138
39,019 34,453