IRIS Accounts Production v24.3.0.553 11182127 Board of Directors 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111821272023-02-28111821272024-02-29111821272023-03-012024-02-29111821272022-02-28111821272022-03-012023-02-28111821272023-02-2811182127ns15:EnglandWales2023-03-012024-02-2911182127ns14:PoundSterling2023-03-012024-02-2911182127ns10:Director12023-03-012024-02-2911182127ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2911182127ns10:SmallEntities2023-03-012024-02-2911182127ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2911182127ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2911182127ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2911182127ns10:FullAccounts2023-03-012024-02-2911182127ns10:OrdinaryShareClass12023-03-012024-02-2911182127ns10:OrdinaryShareClass22023-03-012024-02-2911182127ns10:Director22023-03-012024-02-2911182127ns10:RegisteredOffice2023-03-012024-02-2911182127ns5:CurrentFinancialInstruments2024-02-2911182127ns5:CurrentFinancialInstruments2023-02-2811182127ns5:Non-currentFinancialInstruments2024-02-2911182127ns5:Non-currentFinancialInstruments2023-02-2811182127ns5:ShareCapital2024-02-2911182127ns5:ShareCapital2023-02-2811182127ns5:RetainedEarningsAccumulatedLosses2024-02-2911182127ns5:RetainedEarningsAccumulatedLosses2023-02-2811182127ns5:PlantMachinery2023-03-012024-02-2911182127ns5:FurnitureFittings2023-03-012024-02-2911182127ns5:MotorVehicles2023-03-012024-02-2911182127ns5:ComputerEquipment2023-03-012024-02-2911182127ns5:PlantMachinery2023-02-2811182127ns5:FurnitureFittings2023-02-2811182127ns5:MotorVehicles2023-02-2811182127ns5:ComputerEquipment2023-02-2811182127ns5:PlantMachinery2024-02-2911182127ns5:FurnitureFittings2024-02-2911182127ns5:MotorVehicles2024-02-2911182127ns5:ComputerEquipment2024-02-2911182127ns5:PlantMachinery2023-02-2811182127ns5:FurnitureFittings2023-02-2811182127ns5:MotorVehicles2023-02-2811182127ns5:ComputerEquipment2023-02-2811182127ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-02-2811182127ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2811182127ns5:LeasedAssetsHeldAsLessee2023-02-2811182127ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2911182127ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2911182127ns5:LeasedAssetsHeldAsLessee2023-03-012024-02-2911182127ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-02-2911182127ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-02-2911182127ns5:LeasedAssetsHeldAsLessee2024-02-2911182127ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-02-2811182127ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-02-2811182127ns5:LeasedAssetsHeldAsLessee2023-02-2811182127ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2911182127ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-2811182127ns5:WithinOneYearns5:HirePurchaseContracts2024-02-2911182127ns5:WithinOneYearns5:HirePurchaseContracts2023-02-2811182127ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-02-2911182127ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-02-2811182127ns5:HirePurchaseContracts2024-02-2911182127ns5:HirePurchaseContracts2023-02-2811182127ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2024-02-2911182127ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-02-2811182127ns5:WithinOneYear2024-02-2911182127ns5:WithinOneYear2023-02-2811182127ns5:BetweenOneFiveYears2024-02-2911182127ns5:BetweenOneFiveYears2023-02-2811182127ns5:AllPeriods2024-02-2911182127ns5:AllPeriods2023-02-2811182127ns10:OrdinaryShareClass12024-02-2911182127ns10:OrdinaryShareClass22024-02-29
REGISTERED NUMBER: 11182127 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

TURNER SITE SERVICES LIMITED

TURNER SITE SERVICES LIMITED (REGISTERED NUMBER: 11182127)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TURNER SITE SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: B A Turner
A Turner





REGISTERED OFFICE: Rae House
Dane Street
Bishops Stortford
Herts
CM23 3BT





REGISTERED NUMBER: 11182127 (England and Wales)





ACCOUNTANTS: Barrow LLP
Rae House
Dane Street
Bishops Stortford
Herts
CM23 3BT

TURNER SITE SERVICES LIMITED (REGISTERED NUMBER: 11182127)

BALANCE SHEET
29 FEBRUARY 2024

29.2.24 28.2.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 1,708,189 1,549,217

CURRENT ASSETS
Debtors 6 540,197 361,359
Cash at bank 13,932 28,503
554,129 389,862
CREDITORS
Amounts falling due within one year 7 (812,894 ) (654,938 )
NET CURRENT LIABILITIES (258,765 ) (265,076 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,449,424 1,284,141

CREDITORS
Amounts falling due after more than one year 8 (423,372 ) (494,068 )

PROVISIONS FOR LIABILITIES (271,005 ) (154,057 )
NET ASSETS 755,047 636,016

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 754,947 635,916
SHAREHOLDERS' FUNDS 755,047 636,016

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

TURNER SITE SERVICES LIMITED (REGISTERED NUMBER: 11182127)

BALANCE SHEET - continued
29 FEBRUARY 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 Profit and Loss and Retained Earnings has not been delivered.

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:





B A Turner - Director


TURNER SITE SERVICES LIMITED (REGISTERED NUMBER: 11182127)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Turner Site Services Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in effect a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.


TURNER SITE SERVICES LIMITED (REGISTERED NUMBER: 11182127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss and Retained Earnings, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 10 ) .

TURNER SITE SERVICES LIMITED (REGISTERED NUMBER: 11182127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 1,676,663 1,361 476,948 7,339 2,162,311
Additions 328,747 - 128,100 1,058 457,905
Disposals (103,873 ) - (77,100 ) - (180,973 )
At 29 February 2024 1,901,537 1,361 527,948 8,397 2,439,243
DEPRECIATION
At 1 March 2023 375,690 114 236,491 799 613,094
Charge for year 144,365 341 58,952 1,770 205,428
Eliminated on disposal (35,459 ) - (52,009 ) - (87,468 )
At 29 February 2024 484,596 455 243,434 2,569 731,054
NET BOOK VALUE
At 29 February 2024 1,416,941 906 284,514 5,828 1,708,189
At 28 February 2023 1,300,973 1,247 240,457 6,540 1,549,217

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 March 2023 1,187,700 386,128 1,573,828
Additions 309,545 112,000 421,545
Disposals (67,945 ) - (67,945 )
Transfer to ownership (215,100 ) - (215,100 )
At 29 February 2024 1,214,200 498,128 1,712,328
DEPRECIATION
At 1 March 2023 229,068 176,421 405,489
Charge for year 111,798 54,760 166,558
Eliminated on disposal (21,233 ) - (21,233 )
Transfer to ownership (78,063 ) - (78,063 )
At 29 February 2024 241,570 231,181 472,751
NET BOOK VALUE
At 29 February 2024 972,630 266,947 1,239,577
At 28 February 2023 958,632 209,707 1,168,339

TURNER SITE SERVICES LIMITED (REGISTERED NUMBER: 11182127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 459,461 287,640
Other debtors 80,736 73,719
540,197 361,359

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 25,935 23,130
Hire purchase contracts (see note 9) 328,897 305,018
Trade creditors 310,551 218,516
Taxation and social security 80,211 48,278
Other creditors 67,300 59,996
812,894 654,938

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 33,803 59,737
Hire purchase contracts (see note 9) 389,569 434,331
423,372 494,068

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
29.2.24 28.2.23
£    £   
Gross obligations repayable:
Within one year 380,211 360,223
Between one and five years 468,527 512,872
848,738 873,095

Finance charges repayable:
Within one year 51,314 55,205
Between one and five years 78,958 78,541
130,272 133,746

Net obligations repayable:
Within one year 328,897 305,018
Between one and five years 389,569 434,331
718,466 739,349

TURNER SITE SERVICES LIMITED (REGISTERED NUMBER: 11182127)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

9. LEASING AGREEMENTS - continued

Non-cancellable operating leases
29.2.24 28.2.23
£    £   
Within one year 328,344 305,018
Between one and five years 387,856 434,332
716,200 739,350

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100