Company Registration No. 05326629 (England and Wales)
T F Architecture Ltd
Unaudited accounts
for the year ended 31 January 2024
T F Architecture Ltd
Unaudited accounts
Contents
T F Architecture Ltd
Company Information
for the year ended 31 January 2024
Director
Toby William Crawford Flannagan
Company Number
05326629 (England and Wales)
Registered Office
247 Church Street
London
N169HP
United Kingdom
Accountants
Wyatts Partnership Ltd
247 Church Street
London
N16 9HP
T F Architecture Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
6,830
6,984
Investments
622,436
622,436
Cash at bank and in hand
107,166
52,746
Creditors: amounts falling due within one year
114,545
3,459
Net current assets
368,355
190,738
Total assets less current liabilities
997,621
820,158
Creditors: amounts falling due after more than one year
(98,124)
(38,336)
Net assets
899,497
781,822
Called up share capital
100
100
Profit and loss account
899,397
781,722
Shareholders' funds
899,497
781,822
For the year ending 31 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 29 October 2024 and were signed on its behalf by
Toby William Crawford Flannagan
Director
Company Registration No. 05326629
T F Architecture Ltd
Notes to the Accounts
for the year ended 31 January 2024
T F Architecture Ltd is a private company, limited by shares, registered in England and Wales, registration number 05326629. The registered office is 247 Church Street, London, N169HP, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Straight Line
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
35,641
22,418
58,059
At 31 January 2024
38,245
22,793
61,038
At 1 February 2023
31,779
19,296
51,075
Charge for the year
1,617
1,516
3,133
At 31 January 2024
33,396
20,812
54,208
At 31 January 2024
4,849
1,981
6,830
At 31 January 2023
3,862
3,122
6,984
T F Architecture Ltd
Notes to the Accounts
for the year ended 31 January 2024
5
Investments
Other investments
Valuation at 1 February 2023
622,436
Valuation at 31 January 2024
622,436
Current asset investment (Motor Vehicles)
Amounts falling due within one year
Accrued income and prepayments
59,455
67,414
Other debtors
87,189
67,119
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
66,739
177,604
Other creditors
1,302
1,302
Loans from directors
(361,772)
(232,514)
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
T F Architecture Ltd
Notes to the Accounts
for the year ended 31 January 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Toby William Crawford Flannagan
Director's Loan
232,514
362,000
232,742
361,772
232,514
362,000
232,742
361,772
The Company loaned the Director £230,000 during the prior period. This was repaid in full on 19th October 2023 and interest was charged at 2%. The Company loaned the Director £362,000 during the current period and this was repaid in full on 29th October 2024.
The company was under the control of Mr T W C Flannagan throughout the current and previous year. Mr Flannagan is the Managing Director and majority Shareholder.
No transactions with related parties were undertaken such as are required to be declared under the Financial Reporting Standards for Smaller Entities effective January 2015
12
Average number of employees
During the year the average number of employees was 4 (2023: 4).