1 March 2023 false No description of principal activity Taxfiler 2024.5 14648934business:PrivateLimitedCompanyLtd2023-03-012024-02-29 146489342023-02-28 146489342023-03-012024-02-29 14648934business:AuditExemptWithAccountantsReport2023-03-012024-02-29 14648934business:FilletedAccounts2023-03-012024-02-29 146489342024-02-29 14648934business:Director12023-03-012024-02-29 14648934business:Director22023-03-012024-02-29 14648934business:RegisteredOffice2023-03-012024-02-29 14648934core:WithinOneYear2024-02-29 14648934core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 14648934core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 14648934core:PreviouslyStatedAmount2024-02-29 14648934business:SmallEntities2023-03-012024-02-29 14648934countries:EnglandWales2023-03-012024-02-29 14648934core:LandBuildings2023-03-012024-02-29 14648934core:LandBuildings2023-02-28 14648934core:LandBuildings2024-02-29 iso4217:GBP xbrli:pure
Company Registration No. 14648934 (England and Wales)
TSP Renovations Limited Unaudited accounts for the year ended 29 February 2024
TSP Renovations Limited Unaudited accounts Contents
Page
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TSP Renovations Limited Company Information for the year ended 29 February 2024
Directors
Paul Malbon Melanie Malbon
Company Number
14648934 (England and Wales)
Registered Office
107 School Green Road Freshwater Isle of Wight PO40 9AZ England
Accountants
Easy Accountants New Forest Enterprise Centre Rushington Business Park Totton Hampshire SO40 9LA
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TSP Renovations Limited Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
181,000 
Current assets
Cash at bank and in hand
1,156 
Creditors: amounts falling due within one year
(278,991)
Net current liabilities
(277,835)
Net liabilities
(96,835)
Capital and reserves
Called up share capital
2 
Profit and loss account
(96,837)
Shareholders' funds
(96,835)
For the year ending 29 February 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by
Paul Malbon Director Company Registration No. 14648934
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TSP Renovations Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
TSP Renovations Limited is a private company, limited by shares, registered in England and Wales, registration number 14648934. The registered office is 107 School Green Road, Freshwater, Isle of Wight, PO40 9AZ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Depreciation is not claimed on residential property
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
- 
Additions
181,000 
At 29 February 2024
181,000 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
181,000 
5
Creditors: amounts falling due within one year
2024 
£ 
Loans from directors
277,431 
Accruals
1,560 
278,991 
6
Average number of employees
During the year the average number of employees was 2.
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