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REGISTERED NUMBER: 10261016 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Tavani & Humphrey Ltd

Tavani & Humphrey Ltd (Registered number: 10261016)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tavani & Humphrey Ltd

Company Information
for the Year Ended 31 July 2024







DIRECTOR: Mr A Humphrey





REGISTERED OFFICE: The Rifleman
Camden Road
Sevenoaks
TN13 3LZ





REGISTERED NUMBER: 10261016 (England and Wales)





ACCOUNTANTS: Accsys Accountants Limited
Chartered Accountants
Trade Fair House
2 West Court
Enterprise Road
Maidstone
Kent
ME15 6JD

Tavani & Humphrey Ltd (Registered number: 10261016)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,893 21,409

CURRENT ASSETS
Stocks 12,000 11,751
Debtors 5 2,115 2,115
Cash at bank 4,885 2,946
19,000 16,812
CREDITORS
Amounts falling due within one year 6 15,334 22,971
NET CURRENT ASSETS/(LIABILITIES) 3,666 (6,159 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,559

15,250

CREDITORS
Amounts falling due after more than one year 7 41,803 42,898
NET LIABILITIES (18,244 ) (27,648 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (18,344 ) (27,748 )
(18,244 ) (27,648 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Tavani & Humphrey Ltd (Registered number: 10261016)

Balance Sheet - continued
31 July 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2024 and were signed by:





Mr A Humphrey - Director


Tavani & Humphrey Ltd (Registered number: 10261016)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Tavani & Humphrey Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2023 - 2 ) .

Tavani & Humphrey Ltd (Registered number: 10261016)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 August 2023 9,480 11,465 12,144 2,268 35,357
Additions 626 3,925 - - 4,551
Disposals (3,111 ) - - - (3,111 )
At 31 July 2024 6,995 15,390 12,144 2,268 36,797
DEPRECIATION
At 1 August 2023 7,495 5,198 759 496 13,948
Charge for year 522 1,749 2,846 584 5,701
Eliminated on disposal (2,745 ) - - - (2,745 )
At 31 July 2024 5,272 6,947 3,605 1,080 16,904
NET BOOK VALUE
At 31 July 2024 1,723 8,443 8,539 1,188 19,893
At 31 July 2023 1,985 6,267 11,385 1,772 21,409

5. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Other debtors 2,115 2,115

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 895 6,060
Hire purchase contracts 3,256 2,957
Taxation and social security 6,555 2,645
Other creditors 4,628 11,309
15,334 22,971

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans 34,973 32,811
Hire purchase contracts 6,830 10,087
41,803 42,898

8. OTHER FINANCIAL COMMITMENTS

The total amount of financial commitments not included in the balance sheet is £22,263.66