Registered Number:09382176 |
For the year ended 30 January 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 January 2024
Tailored Heat Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Tailored Heat Ltd
Statement of Financial Position
2023
2024
Property, plant and equipment |
15,173
12,648
2
15,173
12,648
Trade and other receivables |
9,571
14,610
3
56,266
Cash and cash equivalents |
41,111
55,721
65,837
Trade and other payables: amounts falling due within one |
year |
(25,595)
(22,309)
4
40,242
33,412
Net current assets
Total assets less current liabilities |
48,585
52,890
(1,802)
(2,403)
Provisions for liabilities |
46,783
Net assets
50,487
1
1
46,782
50,486
46,783
50,487
Shareholders' funds
For the year ended 30 January 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 of its financial statements for the year ended 30 January 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 28 October 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 January 2024
Tailored Heat Ltd
Notes to the Financial Statements
Statutory Information
Tailored Heat Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number |
09382176. |
Principal place of business: |
51 Bowers Park Drive
Woolwell
Plymouth
PL6 7SH
Pilgrim House
Oxford Place
Plymouth
PL1 5AJ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer Equipment
Motor Vehicles
Fixtures and Fittings
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For the year ended 30 January 2024
Tailored Heat Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
28,825
3,315
1,465
24,045
7,583
-
-
7,583
-
(490)
490
-
31,628
975
3,805
36,408
Provision for depreciation and impairment |
16,177
1,787
490
13,900
Charge for year
5,058
474
152
4,432
-
(122)
122
-
21,235
2,383
520
18,332
13,296
455
1,422
15,173
10,145
975
1,528
12,648
3. Trade and other receivables |
2023
2024
10,107
5,500
4,503
4,071
9,571
14,610
4. Trade and other payables: amounts falling due within one year |
2023
2024
-
1,939
Taxation and social security |
15,620
17,387
6,689
6,269
22,309
25,595
Included within taxation and social security is corporation tax of £2,610 (2023: £3,705).
5. Related party transactions |
Dividends of £17,000 were paid to the director in the year. |
The company is under the effective control of its director. |
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For the year ended 30 January 2024
Tailored Heat Ltd
Notes to the Financial Statements Continued
6. Directors advances and guarantees |
Loaned
L S Taylor
Loan from the director
4,361
3,841
520
4,361
3,841
520
7. Average number of persons employed |
During the year the average number of employees was 4 (2023 : 4)
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