Company registration number 01919091 (England and Wales)
TORHOUSE TROUT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
TORHOUSE TROUT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
TORHOUSE TROUT LIMITED
BALANCE SHEET
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
19,503
Current assets
Cash at bank and in hand
37,317
96,023
Creditors: amounts falling due within one year
4
(786)
(2,066)
Net current assets
36,531
93,957
Net assets
36,531
113,460
Capital and reserves
Called up share capital
20,000
20,000
Profit and loss reserves
16,531
93,460
Total equity
36,531
113,460
For the financial year ended 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 25 November 2024 and are signed on its behalf by:
Mr G F Moore
Director
Company registration number 01919091 (England and Wales)
TORHOUSE TROUT LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024
31 July 2024
- 2 -
1
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
3
Tangible fixed assets
Land and buildings leasehold
Plant and machinery
Total
£
£
£
Cost
At 1 August 2023
26,910
1,161
28,071
Disposals
(26,910)
(1,161)
(28,071)
At 31 July 2024
Depreciation and impairment
At 1 August 2023
8,452
116
8,568
Eliminated in respect of disposals
(8,452)
(116)
(8,568)
At 31 July 2024
Carrying amount
At 31 July 2024
At 31 July 2023
18,458
1,045
19,503
TORHOUSE TROUT LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024
31 July 2024
- 3 -
4
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
218
234
Other creditors
568
1,832
786
2,066
5
Related party transactions
As at the year end, the directors had made interest free loans to the company of £568 (2023: £1,832).
6
Directors' transactions
Dividends totalling £30,000 (2023 - £30,000) were paid in the year in respect of shares held by the company's directors.