2023-04-01 05090055 2024-03-31 05090055 2023-04-01 2024-03-31 05090055 2023-03-31 05090055 2022-04-01 2023-03-31 05090055 uk-core:WithinOneYear 2023-03-31 05090055 uk-core:WithinOneYear 2024-03-31 05090055 uk-core:AfterOneYear 2023-03-31 05090055 uk-core:AfterOneYear 2024-03-31 05090055 uk-core:ShareCapital 2024-03-31 05090055 uk-core:ShareCapital 2023-03-31 05090055 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 05090055 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 05090055 uk-bus:Director1 2023-04-01 2024-03-31 05090055 uk-core:PlantMachinery 2023-04-01 2024-03-31 05090055 uk-core:CommercialMotorVehicles 2023-04-01 2024-03-31 05090055 uk-core:CommercialMotorVehicles 2023-03-31 05090055 uk-core:PlantMachinery 2023-03-31 05090055 uk-core:PlantMachinery 2024-03-31 05090055 uk-core:CommercialMotorVehicles 2024-03-31 05090055 uk-core:WithinOneYear 2024-03-31 05090055 uk-core:WithinOneYear 2023-03-31 05090055 uk-core:AfterOneYear uk-core:Secured 2024-03-31 05090055 uk-core:AfterOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 05090055 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 05090055 uk-bus:FRS102 2023-04-01 2024-03-31 05090055 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 05090055 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
T & B Blasting Services Limited
Registered Number:05090055
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
T & B Blasting Services Limited
Contents Page
1 to 2
Statement of Financial Position
3 to 5
Notes to the Financial Statements
3
Registered Number :
05090055
As at 31 March 2024
T & B Blasting Services Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
8,130
10,175
2
8,130
10,175
Current assets
Inventories
4,110
3,840
3
Trade and other receivables
23,770
29,053
4
3,734
Cash and cash equivalents
2,148
35,041
31,614
Trade and other payables: amounts falling due within
one year
(20,773)
(34,774)
5
10,841
267
Net current assets
Total assets less current liabilities
8,397
21,016
Trade and other payables: amounts falling due after
more than one year
(14,446)
(8,654)
6
(958)
(1,218)
Provisions for liabilities
(1,215)
Net assets/liabilities
5,352
Capital and reserves
Called up share capital
100
100
Retained earnings
(1,315)
5,252
(1,215)
5,352
Shareholders' funds
For the year ended 31 March 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 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 proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 5
4
Registered Number :
05090055
For the year ended 31 March 2024
T & B Blasting Services Limited
Statement of Financial Position Continued
Mr Ian Bishop Director
These financial statements were approved and authorised for issue by the Board on 12 November 2024 and were signed by:
The notes form part of these financial statements
2 of 5
5
For the year ended 31 March 2024
T & B Blasting Services Limited
Notes to the Financial Statements
Statutory Information
T & B Blasting Services Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 05090055.
Registered address:
71 Gorse Industrial Estate
Barnham
Thetford
Norfolk
IP24 2PH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical
costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
25% Reducing balance
Motor vehicles
Inventories
Stocks 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 costs and an appropriate proportion of fixed and variable overheads.
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.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
3 of 5
6
For the year ended 31 March 2024
T & B Blasting Services Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Motor
vehicles
Plant and
machinery
£
£
£
Cost or
valuation
At 01 April 2023
33,062
15,995
17,067
At 31 March 2024
17,067
15,995
33,062
Provision for depreciation and impairment
At 01 April 2023
22,887
10,765
12,122
Charge for year
2,045
1,305
740
At 31 March 2024
24,932
12,070
12,862
At 31 March 2024
Net book value
4,205
3,925
8,130
At 31 March 2023
4,945
5,230
10,175
3. Inventories
2023
2024
£
£
Stocks
3,840
4,110
4. Trade and other receivables
2023
2024
£
£
Trade debtors
29,053
22,705
Other debtors
-
1,065
23,770
29,053
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
19,177
6,071
Trade creditors
10,204
7,146
Taxation and social security
3,263
3,104
Other creditors
2,130
4,452
34,774
20,773
4 of 5
7
For the year ended 31 March 2024
T & B Blasting Services Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
8,654
14,446
7. Average number of persons employed
During the year the average number of employees was 4 (2023 : 5)
5 of 5