Company Registration No. 05543928 (England and Wales)
TESTLINK ENGINEERING LIMITED
Unaudited accounts
for the year ended 31 August 2024
TESTLINK ENGINEERING LIMITED
Unaudited accounts
Contents
TESTLINK ENGINEERING LIMITED
Company Information
for the year ended 31 August 2024
Directors
Nigel Holmewood
Annabelle Sellens
Company Number
05543928 (England and Wales)
Registered Office
OAKLEY
CHALKY ROAD
SITTINGBOURNE
ME9 7QP
ENGLAND
Accountants
PS Accounting Solutions Ltd
8 Rede Wood Road
Barming
Maidstone
Kent
ME16 9HL
TESTLINK ENGINEERING LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
184,740
227,950
Cash at bank and in hand
3,797
6,658
Creditors: amounts falling due within one year
(81,714)
(105,296)
Net current liabilities
(77,817)
(98,538)
Total assets less current liabilities
106,923
129,412
Creditors: amounts falling due after more than one year
(54,679)
(90,514)
Called up share capital
100
100
Profit and loss account
52,144
38,798
Shareholders' funds
52,244
38,898
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 2 November 2024 and were signed on its behalf by
Nigel Holmewood
Director
Company Registration No. 05543928
TESTLINK ENGINEERING LIMITED
Notes to the Accounts
for the year ended 31 August 2024
TESTLINK ENGINEERING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05543928. The registered office is OAKLEY, CHALKY ROAD, SITTINGBOURNE, ME9 7QP, ENGLAND.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
52,959
73,044
143,004
269,007
At 31 August 2024
52,959
73,044
143,004
269,007
At 1 September 2023
-
12,456
28,601
41,057
Charge for the year
-
14,609
28,601
43,210
At 31 August 2024
-
27,065
57,202
84,267
At 31 August 2024
52,959
45,979
85,802
184,740
At 31 August 2023
52,959
60,588
114,403
227,950
Amounts falling due after more than one year
TESTLINK ENGINEERING LIMITED
Notes to the Accounts
for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
35,835
35,835
Other creditors
7,189
16,998
Loans from directors
24,624
48,792
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
54,679
90,514
8
Average number of employees
During the year the average number of employees was 3 (2023: 2).