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Company Registration No. 04399795 (England and Wales)
Transformulas International Limited Unaudited accounts for the year ended 31 July 2024
Transformulas International Limited Unaudited accounts Contents
Page
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Transformulas International Limited Company Information for the year ended 31 July 2024
Directors
Rosalind Whyers Kirsty Craney-Barnie
Company Number
04399795 (England and Wales)
Registered Office
Inveresk Lodge Mere Cresent Oakmere Northwich CW8 2HQ
Accountants
Foster Barlow Limited 81 Penny Meadow Ashton under Lyne Lancashire OL6 6EL
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Transformulas International Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
24,362 
27,791 
Current assets
Inventories
273,983 
458,028 
Debtors
185,414 
94,693 
Cash at bank and in hand
34,362 
38,897 
493,759 
591,618 
Creditors: amounts falling due within one year
(287,286)
(323,898)
Net current assets
206,473 
267,720 
Total assets less current liabilities
230,835 
295,511 
Creditors: amounts falling due after more than one year
(15,000)
(35,000)
Provisions for liabilities
Deferred tax
(6,091)
(5,280)
Net assets
209,744 
255,231 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
209,742 
255,229 
Shareholders' funds
209,744 
255,231 
For the year ending 31 July 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 6 November 2024 and were signed on its behalf by
Kirsty Craney-Barnie Director Company Registration No. 04399795
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Transformulas International Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Transformulas International Limited is a private company, limited by shares, registered in England and Wales, registration number 04399795. The registered office is Inveresk Lodge, Mere Cresent, Oakmere, Northwich, CW8 2HQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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Transformulas International Limited Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
21,446 
24,290 
131,605 
177,341 
Additions
- 
- 
1,669 
1,669 
At 31 July 2024
21,446 
24,290 
133,274 
179,010 
Depreciation
At 1 August 2023
14,660 
21,495 
113,395 
149,550 
Charge for the year
1,697 
419 
2,982 
5,098 
At 31 July 2024
16,357 
21,914 
116,377 
154,648 
Net book value
At 31 July 2024
5,089 
2,376 
16,897 
24,362 
At 31 July 2023
6,786 
2,795 
18,210 
27,791 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
16,801 
Trade debtors
181,805 
74,335 
Accrued income and prepayments
3,609 
3,557 
185,414 
94,693 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
20,000 
20,000 
Trade creditors
199,999 
263,745 
Taxes and social security
38,318 
11,605 
Other creditors
24,185 
24,038 
Loans from directors
476 
202 
Accruals
4,308 
4,308 
287,286 
323,898 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,000 
35,000 
8
Average number of employees
During the year the average number of employees was 6 (2023: 5).
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