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REGISTERED NUMBER: 10056025 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Tofts Tutors Ltd

Tofts Tutors Ltd (Registered number: 10056025)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tofts Tutors Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Miss A Tofts





REGISTERED OFFICE: 52 Sunderland Close
Rochester
Kent
ME1 3AN





REGISTERED NUMBER: 10056025 (England and Wales)





ACCOUNTANTS: DGL Accountancy Services Limited
Chartered Certified Accountants
35 Hen Parc Avenue
Upper Killay
Swansea
SA2 7HA

Tofts Tutors Ltd (Registered number: 10056025)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,667 2,222

CURRENT ASSETS
Cash at bank 6,222 6,706

CREDITORS
Amounts falling due within one year 5 7,898 9,638
NET CURRENT LIABILITIES (1,676 ) (2,932 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9

)

(710

)

PROVISIONS FOR LIABILITIES 6 320 420
NET LIABILITIES (329 ) (1,130 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (429 ) (1,230 )
(329 ) (1,130 )

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 director acknowledges her 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.

Tofts Tutors Ltd (Registered number: 10056025)

Balance Sheet - 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 director and authorised for issue on 20 November 2024 and were signed by:





Miss A Tofts - Director


Tofts Tutors Ltd (Registered number: 10056025)

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

1. STATUTORY INFORMATION

Tofts Tutors 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 represents income received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on reducing balance
Computer equipment - 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Tofts Tutors Ltd (Registered number: 10056025)

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

4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 3,541 3,399 6,940
DEPRECIATION
At 1 April 2023 2,631 2,087 4,718
Charge for year 227 328 555
At 31 March 2024 2,858 2,415 5,273
NET BOOK VALUE
At 31 March 2024 683 984 1,667
At 31 March 2023 910 1,312 2,222

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Corporation tax 4,048 3,552
Social security and other taxes 1,000 892
Other creditors 449 350
Directors' current accounts 1,872 4,291
Accrued expenses 529 553
7,898 9,638

6. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£    £   
Deferred tax 320 420

Deferred
tax
£   
Balance at 1 April 2023 420
Credit to Income Statement during year (100 )
Balance at 31 March 2024 320

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £16,000 (2023 - £12,500) were paid to the director .

Tofts Tutors Ltd (Registered number: 10056025)

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

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Miss A Tofts.