Registered Number:14360944 |
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 September 2024
Tom Cottam Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Tom Cottam Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
1,235
1,647
2
1,235
1,647
Trade and other receivables |
4,670
5,075
3
11,456
Cash and cash equivalents |
16,854
21,929
16,126
Trade and other payables: amounts falling due within one |
year |
(7,403)
(9,039)
4
8,723
12,890
Net current assets
Total assets less current liabilities |
14,125
10,370
(235)
(313)
Provisions for liabilities |
13,890
Net assets
10,057
100
100
13,790
9,957
13,890
10,057
Shareholders' funds
For the year ended 30 September 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 30 September 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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. |
These financial statements were approved and authorised for issue by the Board on 20 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 September 2024
Tom Cottam Limited
Notes to the Financial Statements
Statutory Information
Tom Cottam Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 14360944. |
28 Rudyard Road
Sheffield
South Yorkshire
S6 2LD
The presentation currency is £ sterling. |
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 represents the net invoiced value of outside broadcast camera operative services, excluding value added tax. Turnover is recognised on the completion of each assignment, in accordance with any contract terms, and by reference to the valuation of time spent. |
Property, plant and equipment
Property, plant and equipment is 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: |
Computer Equipment
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. |
Debtors and Creditors
Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transcation price. |
Any losses arising from impairment are recognised in the statement of comprehensive income within administrative |
expenses. |
Impairment
At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the |
individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or the |
assest cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds |
its recoverable amount, an impairment loss is recognised in the statement of comprehensive income. |
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For the year ended 30 September 2024
Tom Cottam Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
1,968
1,968
Provision for depreciation and impairment |
321
Charge for year
412
733
1,235
1,647
3. Trade and other receivables |
2023
2024
5,075
4,670
4. Trade and other payables: amounts falling due within one year |
2023
2024
Taxation and social security |
6,959
6,691
2,080
712
9,039
7,403
5. Average number of persons employed |
During the year the average number of employees was 1 (2023 : 1)
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