16 false false false false false false false false false false true false false false false true true No description of principal activity 2023-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 179,721 240,490 xbrli:pure xbrli:shares iso4217:GBP SC221516 2023-04-01 2024-03-31 SC221516 2024-03-31 SC221516 2023-03-31 SC221516 2022-04-01 2023-03-31 SC221516 2023-03-31 SC221516 2022-03-31 SC221516 bus:RegisteredOffice 2023-04-01 2024-03-31 SC221516 bus:Director2 2023-04-01 2024-03-31 SC221516 bus:Director3 2023-04-01 2024-03-31 SC221516 bus:Director5 2023-04-01 2024-03-31 SC221516 bus:Director1 2023-04-01 2024-03-31 SC221516 bus:Director1 2024-03-31 SC221516 core:WithinOneYear 2024-03-31 SC221516 core:WithinOneYear 2023-03-31 SC221516 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 SC221516 core:RetainedEarningsAccumulatedLosses 2022-04-01 2023-03-31 SC221516 core:RetainedEarningsAccumulatedLosses 2023-03-31 SC221516 core:RetainedEarningsAccumulatedLosses 2022-03-31 SC221516 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC221516 core:RetainedEarningsAccumulatedLosses 2023-03-31 SC221516 core:ShareCapital 2024-03-31 SC221516 core:ShareCapital 2023-03-31 SC221516 bus:SmallEntities 2023-04-01 2024-03-31 SC221516 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 SC221516 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 SC221516 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 SC221516 bus:FullAccounts 2023-04-01 2024-03-31
COMPANY REGISTRATION NUMBER: SC221516
Tariffcom Limited
Unaudited Financial Statements
31 March 2024
Tariffcom Limited
Financial Statements
Year ended 31 March 2024
Contents
Page
Directors' report
1
Statement of income and retained earnings
2
Statement of financial position
3
Notes to the financial statements
4
Tariffcom Limited
Directors' Report
Year ended 31 March 2024
The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2024 .
Directors
The directors who served the company during the year were as follows:
Mr E McCabe
Mr I Allan
Mr LJ Everett
Ms AHJ Knudssen
(Resigned 15 December 2023)
Mr BAR Thompson was appointed as a director on 1 May 2024.
Small company provisions
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on 8 October 2024 and signed on behalf of the board by:
Mr I Allan
Director
Registered office:
6 Bon Accord Square
Aberdeen
UK
AB11 6XU
Tariffcom Limited
Statement of Income and Retained Earnings
Year ended 31 March 2024
2024
2023
Note
£
£
Turnover
1,273,904
1,080,196
------------
------------
Gross profit
1,273,904
1,080,196
Administrative expenses
1,073,382
834,111
------------
------------
Operating profit
200,522
246,085
Other interest receivable and similar income
5
8,526
1,317
------------
------------
Profit before taxation
209,048
247,402
Tax on profit
29,327
6,912
---------
---------
Profit for the financial year and total comprehensive income
179,721
240,490
---------
---------
Dividends paid and payable
( 100,000)
( 100,000)
Retained earnings at the start of the year
612,852
472,362
---------
---------
Retained earnings at the end of the year
692,573
612,852
---------
---------
All the activities of the company are from continuing operations.
Tariffcom Limited
Statement of Financial Position
31 March 2024
2024
2023
Note
£
£
£
Current assets
Debtors
6
426,422
305,782
Cash at bank and in hand
497,520
454,776
---------
---------
923,942
760,558
Creditors: amounts falling due within one year
7
231,269
147,606
---------
---------
Net current assets
692,673
612,952
---------
---------
Total assets less current liabilities
692,673
612,952
---------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
692,573
612,852
---------
---------
Shareholders funds
692,673
612,952
---------
---------
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 8 October 2024 , and are signed on behalf of the board by:
Mr I Allan
Director
Company registration number: SC221516
Tariffcom Limited
Notes to the Financial Statements
Year ended 31 March 2024
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 6 Bon Accord Square, Aberdeen, AB11 6XU, UK.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Financial instruments
Basic financial instruments are initially recognised at the transaction price.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 16 (2023: 16 ).
5. Other interest receivable and similar income
2024
2023
£
£
Interest on cash and cash equivalents
8,526
1,317
-------
-------
6. Debtors
2024
2023
£
£
Trade debtors
415,111
305,782
Other debtors
11,311
---------
---------
426,422
305,782
---------
---------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
11,396
2,449
Corporation tax
52,262
47,005
Social security and other taxes
85,748
43,339
Other creditors
81,863
54,813
---------
---------
231,269
147,606
---------
---------