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REGISTERED NUMBER: 00999559 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

TAMWORTH WASTE DISPOSAL LIMITED

TAMWORTH WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 00999559)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TAMWORTH WASTE DISPOSAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: S W Cartmell
Ms K L Smith





REGISTERED OFFICE: Heatherington House
The Gardens
Elford
Staffordshire
B79 9DD





REGISTERED NUMBER: 00999559 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

TAMWORTH WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 00999559)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,721 64,680
Investment property 5 2,108,323 1,924,202
2,157,044 1,988,882

CURRENT ASSETS
Debtors 6 182,604 221,615
Cash at bank 107,915 186,946
290,519 408,561
CREDITORS
Amounts falling due within one year 7 222,454 388,057
NET CURRENT ASSETS 68,065 20,504
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,225,109

2,009,386

CAPITAL AND RESERVES
Called up share capital 8 2 2
Fair value reserve 9 821,034 636,613
Retained earnings 1,404,073 1,372,771
SHAREHOLDERS' FUNDS 2,225,109 2,009,386

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2024 and were signed on its behalf by:



S W Cartmell - Director


TAMWORTH WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 00999559)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Tamworth Waste Disposal 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.

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 as modified by the revaluation of certain assets.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover
Turnover represents revenue recognised by the company in respect of services supplied during the period, excluding value added tax.

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 - 10% reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES

The average number of employees during the year was 2 (2023 - 1 ) .

TAMWORTH WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 00999559)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 31 March 2024 3,000 91,349 9,684 104,033
DEPRECIATION
At 1 April 2023 1,594 28,075 9,684 39,353
Charge for year 140 15,819 - 15,959
At 31 March 2024 1,734 43,894 9,684 55,312
NET BOOK VALUE
At 31 March 2024 1,266 47,455 - 48,721
At 31 March 2023 1,406 63,274 - 64,680

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,924,202
Revaluations 184,121
At 31 March 2024 2,108,323
NET BOOK VALUE
At 31 March 2024 2,108,323
At 31 March 2023 1,924,202


6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Other debtors 124,380 163,391

Amounts falling due after more than one year:
Other debtors 58,224 58,224

Aggregate amounts 182,604 221,615

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 13,160 26,351
Other creditors 209,294 361,706
222,454 388,057

TAMWORTH WASTE DISPOSAL LIMITED (REGISTERED NUMBER: 00999559)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Fair
value
reserve
£   
At 1 April 2023 636,613
Unrealised surplus -fair value 184,421

At 31 March 2024 821,034

10. RELATED PARTY DISCLOSURES

Other related parties


2024 2023
£ £
Amount due to related party at the balance sheet date 204,998 319,461
The amount due from related parties is £124,379 (2023- £123,754) due from directors.