Company Registration No. 08305727 (England and Wales)
TJC Lifting Gear Limited
Unaudited accounts
for the period from 1 December 2022 to 31 October 2023
TJC Lifting Gear Limited
Unaudited accounts
Contents
TJC Lifting Gear Limited
Company Information
for the period from 1 December 2022 to 31 October 2023
Company Number
08305727 (England and Wales)
Registered Office
22 Park Street
Lower Brynamman
Ammanford
Carmarthenshire
SA18 1TF
Accountants
Waltwood Accountants
46 Gurnos Road
Ystalyfera
Swansea
SA9 2HY
TJC Lifting Gear Limited
Statement of financial position
as at 31 October 2023
Tangible assets
6,973
7,380
Creditors: amounts falling due within one year
(64,106)
(37,751)
Net current (liabilities)/assets
(175)
1,589
Total assets less current liabilities
6,798
8,969
Creditors: amounts falling due after more than one year
(6,458)
(8,750)
Called up share capital
100
100
Profit and loss account
240
119
Shareholders' funds
340
219
For the period ending 31 October 2023 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 director acknowledges his 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 and authorised for issue on 21 November 2024 and were signed on its behalf by
T J Currell
Director
Company Registration No. 08305727
TJC Lifting Gear Limited
Notes to the Accounts
for the period from 1 December 2022 to 31 October 2023
TJC Lifting Gear Limited is a private company, limited by shares, registered in England and Wales, registration number 08305727. The registered office is 22 Park Street, Lower Brynamman, Ammanford, Carmarthenshire, SA18 1TF.
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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 period, 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
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
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Intangible fixed assets
Goodwill
TJC Lifting Gear Limited
Notes to the Accounts
for the period from 1 December 2022 to 31 October 2023
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Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
42,028
4,600
46,628
At 31 October 2023
43,945
4,600
48,545
At 1 December 2022
36,588
2,660
39,248
Charge for the period
1,839
485
2,324
At 31 October 2023
38,427
3,145
41,572
At 31 October 2023
5,518
1,455
6,973
At 30 November 2022
5,440
1,940
7,380
Amounts falling due within one year
Trade debtors
19,701
5,606
Other debtors
43,030
29,984
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,575
3,077
Trade creditors
27,508
5,296
Taxes and social security
11,918
9,594
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the period the average number of employees was 1 (2022: 1).