1 April 2023 false No description of principal activity Taxfiler 2024.5 09963959business:PrivateLimitedCompanyLtd2023-04-012024-03-31 099639592023-03-31 099639592023-04-012024-03-31 09963959business:AuditExemptWithAccountantsReport2023-04-012024-03-31 09963959business:AbridgedAccounts2023-04-012024-03-31 099639592024-03-31 099639592023-03-31 09963959core:WithinOneYear2024-03-31 09963959core:WithinOneYear2023-03-31 09963959core:AfterOneYear2024-03-31 09963959core:AfterOneYear2023-03-31 09963959core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 09963959core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 09963959core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 09963959core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 09963959core:PreviouslyStatedAmount2024-03-31 09963959core:PreviouslyStatedAmount2023-03-31 09963959business:SmallEntities2023-04-012024-03-31 09963959business:Director12023-04-012024-03-31 09963959countries:EnglandWales2023-04-012024-03-31 09963959business:RegisteredOffice2023-04-012024-03-31 099639592022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 09963959 (England and Wales)
Traditional Boat Supplies Limited Unaudited accounts for the year ended 31 March 2024
Traditional Boat Supplies Limited Unaudited accounts Contents
Page
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Traditional Boat Supplies Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
18,000 
27,000 
Current assets
Inventories
34,094 
27,600 
Debtors
580 
435 
Cash at bank and in hand
- 
912 
34,674 
28,947 
Creditors: amounts falling due within one year
(56,073)
(48,504)
Net current liabilities
(21,399)
(19,557)
Total assets less current liabilities
(3,399)
7,443 
Creditors: amounts falling due after more than one year
(33,304)
(38,638)
Net liabilities
(36,703)
(31,195)
Capital and reserves
Called up share capital
10,004 
10,004 
Profit and loss account
(46,707)
(41,199)
Shareholders' funds
(36,703)
(31,195)
For the year ending 31 March 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 11 July 2024 and were signed on its behalf by
H M J Rolt Director Company Registration No. 09963959
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Traditional Boat Supplies Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Traditional Boat Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 09963959. The registered office is 8 Ashgrove Road, Redland, Bristol, BS6 6LY.
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.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to sell.
Income recognition
Income is recognised when goods and services have been delivered to customers such that risks and rewards of ownership have transferred to them
Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2023
90,000 
At 31 March 2024
90,000 
Amortisation
At 1 April 2023
63,000 
Charge for the year
9,000 
At 31 March 2024
72,000 
Net book value
At 31 March 2024
18,000 
At 31 March 2023
27,000 
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Traditional Boat Supplies Limited Notes to the Accounts for the year ended 31 March 2024
5
Average number of employees
During the year the average number of employees was 0 (2023: 1).
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