Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29true2023-03-01falseNo description of principal activity11trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 07944215 2023-03-01 2024-02-29 07944215 2022-03-01 2023-02-28 07944215 2024-02-29 07944215 2023-02-28 07944215 c:Director1 2023-03-01 2024-02-29 07944215 d:Buildings 2023-03-01 2024-02-29 07944215 d:Buildings 2024-02-29 07944215 d:Buildings 2023-02-28 07944215 d:Buildings d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 07944215 d:PlantMachinery 2023-03-01 2024-02-29 07944215 d:PlantMachinery 2024-02-29 07944215 d:PlantMachinery 2023-02-28 07944215 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 07944215 d:OfficeEquipment 2023-03-01 2024-02-29 07944215 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 07944215 d:CurrentFinancialInstruments 2024-02-29 07944215 d:CurrentFinancialInstruments 2023-02-28 07944215 d:Non-currentFinancialInstruments 2024-02-29 07944215 d:Non-currentFinancialInstruments 2023-02-28 07944215 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 07944215 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 07944215 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 07944215 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 07944215 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-02-29 07944215 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-02-28 07944215 d:ShareCapital 2024-02-29 07944215 d:ShareCapital 2023-02-28 07944215 d:RetainedEarningsAccumulatedLosses 2024-02-29 07944215 d:RetainedEarningsAccumulatedLosses 2023-02-28 07944215 c:FRS102 2023-03-01 2024-02-29 07944215 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07944215 c:FullAccounts 2023-03-01 2024-02-29 07944215 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07944215 e:PoundSterling 2023-03-01 2024-02-29 iso4217:GBP xbrli:pure
Registered number: 07944215





TPMR CONSULTANCY LIMITED
(Formerly known as TPR CIRCUITS LTD)

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED 29 FEBRUARY 2024

 
TPMR CONSULTANCY LIMITED
REGISTERED NUMBER: 07944215

BALANCE SHEET
AS AT 29 FEBRUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
24,542
24,582

  
24,542
24,582

Current assets
  

Debtors: amounts falling due within one year
 5 
43,300
43,103

Cash at bank and in hand
 6 
111,395
115,143

  
154,695
158,246

Creditors: amounts falling due within one year
 7 
(49,100)
(40,581)

Net current assets
  
 
 
105,595
 
 
117,665

Total assets less current liabilities
  
130,137
142,247

Creditors: amounts falling due after more than one year
 8 
(9,101)
(24,331)

  

Net assets
  
121,036
117,916


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
120,936
117,816

  
121,036
117,916


Page 1

 
TPMR CONSULTANCY LIMITED
REGISTERED NUMBER: 07944215
    
BALANCE SHEET (CONTINUED)
AS AT 29 FEBRUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
T P Robinson
Director

Date: 28 November 2024

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
TPMR CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

TPR Circuits Ltd is a private company limited by shares. The company is incorporated in England and Wales and its  registered office address is Aston House, Cornwall Avenue, London, England, N3 1LF. The registered number is 07944215. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

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

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 3

 
TPMR CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Freehold property
-
No depreciation
Plant and machinery
-
25%
Reducing balance
Office equipment
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
TPMR CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

Page 5

 
TPMR CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

3.


Employees

2024
2023
£
£

Wages and salaries
24,000
23,814

Cost of defined contribution scheme
12,173
12,173

36,173
35,987


The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets







Freehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 March 2023
24,421
2,698
27,119



At 29 February 2024

24,421
2,698
27,119



Depreciation


At 1 March 2023
-
2,537
2,537


Charge for the year on owned assets
-
40
40



At 29 February 2024

-
2,577
2,577



Net book value



At 29 February 2024
24,421
121
24,542



At 28 February 2023
24,421
161
24,582

Page 6

 
TPMR CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

5.


Debtors

2024
2023
£
£


Other debtors
40,300
40,303

Prepayments and accrued income
3,000
2,800

43,300
43,103



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
111,395
115,143

111,395
115,143



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
7,614
-

Corporation tax
26,783
21,331

Other taxation and social security
10,978
10,460

Other creditors
225
5,790

Accruals and deferred income
3,500
3,000

49,100
40,581



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
9,101
24,331

9,101
24,331


Page 7

 
TPMR CONSULTANCY LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
7,614
-


7,614
-



Amounts falling due after more than 5 years

Bank loans
9,102
24,330

9,102
24,330

16,716
24,330


 
Page 8