2023-01-31 09382176 2024-01-30 09382176 2023-01-31 2024-01-30 09382176 2023-01-30 09382176 2022-01-31 2023-01-30 09382176 uk-core:WithinOneYear 2023-01-30 09382176 uk-core:WithinOneYear 2024-01-30 09382176 uk-core:ShareCapital 2024-01-30 09382176 uk-core:ShareCapital 2023-01-30 09382176 uk-core:RetainedEarningsAccumulatedLosses 2024-01-30 09382176 uk-core:RetainedEarningsAccumulatedLosses 2023-01-30 09382176 uk-bus:Director1 2023-01-31 2024-01-30 09382176 uk-core:ComputerEquipment 2023-01-31 2024-01-30 09382176 uk-core:MotorVehicles 2023-01-31 2024-01-30 09382176 uk-core:FurnitureFittings 2023-01-31 2024-01-30 09382176 uk-core:ComputerEquipment 2023-01-30 09382176 uk-core:FurnitureFittings 2023-01-30 09382176 uk-core:MotorVehicles 2023-01-30 09382176 uk-core:MotorVehicles 2024-01-30 09382176 uk-core:FurnitureFittings 2024-01-30 09382176 uk-core:ComputerEquipment 2024-01-30 09382176 uk-core:WithinOneYear 2024-01-30 09382176 uk-core:WithinOneYear 2023-01-30 09382176 uk-core:WithinOneYear 2023-01-31 2024-01-30 09382176 2 uk-bus:Director1 2023-01-31 2024-01-30 09382176 2 uk-bus:Director1 2024-01-30 09382176 2 uk-bus:Director1 2023-01-30 iso4217:GBP xbrli:pure 09382176 uk-bus:AuditExemptWithAccountantsReport 2023-01-31 2024-01-30 09382176 uk-bus:FRS102 2023-01-31 2024-01-30 09382176 uk-bus:FilletedAccounts 2023-01-31 2024-01-30 09382176 uk-bus:PrivateLimitedCompanyLtd 2023-01-31 2024-01-30
Tailored Heat Ltd
Registered Number:09382176
For the year ended 30 January 2024
England and Wales
Unaudited Financial Statements
2
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
3
Registered Number :
09382176
As at 30 January 2024
Tailored Heat Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
15,173
12,648
2
15,173
12,648
Current assets
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
Capital and reserves
Called up share capital
1
1
Retained earnings
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.
L S Taylor Director
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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4
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
Registered address:
Pilgrim House
Oxford Place
Plymouth
PL1 5AJ
The presentation currency is £ sterling.
1. Accounting policies
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:
25% Reducing balance
Computer Equipment
25% Reducing balance
Motor Vehicles
25% Reducing balance
Fixtures and Fittings
2 of 4
5
For the year ended 30 January 2024
Tailored Heat Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Fixtures and
Fittings
Motor
Vehicles
£
£
£
£
Cost or
valuation
At 31 January 2023
28,825
3,315
1,465
24,045
7,583
-
-
7,583
Additions
Transfers
-
(490)
490
-
At 30 January 2024
31,628
975
3,805
36,408
Provision for depreciation and impairment
At 31 January 2023
16,177
1,787
490
13,900
Charge for year
5,058
474
152
4,432
Other
adjustments
-
(122)
122
-
At 30 January 2024
21,235
2,383
520
18,332
At 30 January 2024
Net book value
13,296
455
1,422
15,173
At 30 January 2023
10,145
975
1,528
12,648
3. Trade and other receivables
2023
2024
£
£
Trade debtors
10,107
5,500
Other debtors
4,503
4,071
9,571
14,610
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
-
1,939
Taxation and social security
15,620
17,387
Other creditors
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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6
For the year ended 30 January 2024
Tailored Heat Ltd
Notes to the Financial Statements Continued
6. Directors advances and guarantees
At 31/01/2023
Loaned
At 30/01/2024
£
£
£
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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