Company Registration No. 07018602 (England and Wales)
TASC FIRE AIR AND ACOUSTIC SEALING LTD
Unaudited accounts
for the year ended 5 April 2024
TASC FIRE AIR AND ACOUSTIC SEALING LTD
Unaudited accounts
Contents
TASC FIRE AIR AND ACOUSTIC SEALING LTD
Company Information
for the year ended 5 April 2024
Directors
R JAMES
J JAMES
D STYRING
Company Number
07018602 (England and Wales)
Registered Office
UNIT 2 LION PARK
NEW STREET, HOLBROOK INDUSTRIAL ESTATE
SHEFFIELD
S20 3GH
Accountants
DIMBLEBY & DALE
JUNCTION HOUSE
58 HIGH STREET
BEIGHTON
SHEFFIELD
S20 1ED
TASC FIRE AIR AND ACOUSTIC SEALING LTD
Statement of financial position
as at 5 April 2024
Tangible assets
193,319
155,119
Cash at bank and in hand
406,119
284,503
Creditors: amounts falling due within one year
(391,309)
(363,530)
Net current assets
710,293
621,641
Total assets less current liabilities
903,612
776,760
Provisions for liabilities
Deferred tax
(14,658)
(11,729)
Net assets
888,954
765,031
Called up share capital
3
3
Profit and loss account
888,951
765,028
Shareholders' funds
888,954
765,031
For the year ending 5 April 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2024 and were signed on its behalf by
R JAMES
Director
Company Registration No. 07018602
TASC FIRE AIR AND ACOUSTIC SEALING LTD
Notes to the Accounts
for the year ended 5 April 2024
TASC FIRE AIR AND ACOUSTIC SEALING LTD is a private company, limited by shares, registered in England and Wales, registration number 07018602. The registered office is UNIT 2 LION PARK, NEW STREET, HOLBROOK INDUSTRIAL ESTATE, SHEFFIELD, S20 3GH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
TASC FIRE AIR AND ACOUSTIC SEALING LTD
Notes to the Accounts
for the year ended 5 April 2024
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 6 April 2023
43,000
72,476
228,793
344,269
Additions
-
-
81,104
81,104
Disposals
-
-
(63,103)
(63,103)
At 5 April 2024
43,000
72,476
246,794
362,270
At 6 April 2023
-
67,106
122,044
189,150
Charge for the year
-
1,074
18,797
19,871
On disposals
-
-
(40,070)
(40,070)
At 5 April 2024
-
68,180
100,771
168,951
At 5 April 2024
43,000
4,296
146,023
193,319
At 5 April 2023
43,000
5,370
106,749
155,119
Amounts falling due within one year
Trade debtors
392,749
375,278
Other debtors
285,283
313,981
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
377,949
352,190
Other creditors
12,707
10,471
Loans from directors
18
18
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
The company is wholly owned by each of the directors, J James, R James and D Styring owning one £1 ordinary share each.
9
Average number of employees
During the year the average number of employees was 18 (2023: 17).