Tuthill Associates Ltd |
Notes to the Accounts |
for the year ended 29 February 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
0 |
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0 |
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3 |
Tangible fixed assets |
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Land and buildings |
£ |
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Cost |
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At 1 March 2023 |
425,000 |
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At 29 February 2024 |
425,000 |
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Depreciation |
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At 29 February 2024 |
- |
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Net book value |
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At 29 February 2024 |
425,000 |
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At 28 February 2023 |
425,000 |
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4 |
Creditors: amounts falling due within one year |
2024 |
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2023 |
£ |
£ |
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Taxation and social security costs |
1,063 |
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2,546 |
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Other creditors |
6,967 |
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9,463 |
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8,030 |
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12,009 |
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5 |
Other information |
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Tuthill Associates Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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Old Whaleys Farm |
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Harts Lane |
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Ardleigh |
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Essex |
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CO7 7QE |