IRIS Accounts Production v24.2.0.383 01899894 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh018998942023-03-31018998942024-03-31018998942023-04-012024-03-31018998942022-03-31018998942022-04-012023-03-31018998942023-03-3101899894ns15:EnglandWales2023-04-012024-03-3101899894ns14:PoundSterling2023-04-012024-03-3101899894ns10:Director12023-04-012024-03-3101899894ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3101899894ns10:SmallEntities2023-04-012024-03-3101899894ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3101899894ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3101899894ns10:FullAccounts2023-04-012024-03-3101899894ns10:Director22023-04-012024-03-3101899894ns10:CompanySecretary12023-04-012024-03-3101899894ns10:RegisteredOffice2023-04-012024-03-3101899894ns5:CurrentFinancialInstruments2024-03-3101899894ns5:CurrentFinancialInstruments2023-03-3101899894ns5:ShareCapital2024-03-3101899894ns5:ShareCapital2023-03-3101899894ns5:RetainedEarningsAccumulatedLosses2024-03-3101899894ns5:RetainedEarningsAccumulatedLosses2023-03-3101899894ns5:PlantMachinery2023-04-012024-03-3101899894ns5:FurnitureFittings2023-04-012024-03-3101899894ns5:PlantMachinery2023-03-3101899894ns5:FurnitureFittings2023-03-3101899894ns5:PlantMachinery2024-03-3101899894ns5:FurnitureFittings2024-03-3101899894ns5:PlantMachinery2023-03-3101899894ns5:FurnitureFittings2023-03-3101899894ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3101899894ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 01899894 (England and Wales)















TAR SKIPS & TRANSPORT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






TAR SKIPS & TRANSPORT LIMITED (REGISTERED NUMBER: 01899894)

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










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


TAR SKIPS & TRANSPORT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mr. S.F. Tristram
Mr. J.P. Tristram



SECRETARY: Mrs J. Tristram



REGISTERED OFFICE: 15-17 Church Street
Stourbridge
West Midlands
DY8 1LU



REGISTERED NUMBER: 01899894 (England and Wales)



ACCOUNTANTS: Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU



BANKERS: HSBC Bank plc
114 High Street
Stourbridge
West Midlands
DY8 1DZ

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
TAR SKIPS & TRANSPORT LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tar Skips & Transport Limited for the year ended 31 March 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Tar Skips & Transport Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tar Skips & Transport Limited and state those matters that we have agreed to state to the Board of Directors of Tar Skips & Transport Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tar Skips & Transport Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tar Skips & Transport Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tar Skips & Transport Limited. You consider that Tar Skips & Transport Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tar Skips & Transport Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Folkes Worton LLP
15-17 Church Street
Stourbridge
West Midlands
DY8 1LU


25 October 2024

TAR SKIPS & TRANSPORT LIMITED (REGISTERED NUMBER: 01899894)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,950 5,271

CURRENT ASSETS
Debtors 5 49,383 32,031
Cash at bank 67,097 90,613
116,480 122,644
CREDITORS
Amounts falling due within one year 6 25,277 25,509
NET CURRENT ASSETS 91,203 97,135
TOTAL ASSETS LESS CURRENT
LIABILITIES

95,153

102,406

PROVISIONS FOR LIABILITIES 751 1,002
NET ASSETS 94,402 101,404

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 94,400 101,402
SHAREHOLDERS' FUNDS 94,402 101,404

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.

TAR SKIPS & TRANSPORT LIMITED (REGISTERED NUMBER: 01899894)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by:





Mr. S.F. Tristram - Director


TAR SKIPS & TRANSPORT LIMITED (REGISTERED NUMBER: 01899894)

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


1. STATUTORY INFORMATION

Tar Skips & Transport 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.

Turnover
Turnover represents net sales of goods/services, 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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

TAR SKIPS & TRANSPORT LIMITED (REGISTERED NUMBER: 01899894)

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


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 27,598 3,330 30,928
DEPRECIATION
At 1 April 2023 22,400 3,257 25,657
Charge for year 1,302 19 1,321
At 31 March 2024 23,702 3,276 26,978
NET BOOK VALUE
At 31 March 2024 3,896 54 3,950
At 31 March 2023 5,198 73 5,271

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 13,764 7,905
Amounts owed by group undertakings 33,389 22,716
Other debtors 2,230 1,410
49,383 32,031

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,154 3,065
Amounts owed to group undertakings 3,671 3,370
Taxation and social security 11,337 13,552
Other creditors 8,115 5,522
25,277 25,509

7. RELATED PARTY DISCLOSURES

Both of the shares in issue in Tar Skips & Transport Limited are owned by the parent company Nedali Limited.

The directors of Tar Skips & Transport Limited are also directors of Tri-Freight Limited.

At the year end Tar Skips & Transport Limited owed £3,671 to Nedali Limited (2023: £3,370) and was owed £33,389 (2023: £22,716) by Tri-Freight Limited.