IRIS Accounts Production v24.3.2.46 06522104 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh065221042023-04-30065221042024-04-30065221042023-05-012024-04-30065221042022-04-30065221042022-05-012023-04-30065221042023-04-3006522104ns15:EnglandWales2023-05-012024-04-3006522104ns14:PoundSterling2023-05-012024-04-3006522104ns10:Director12023-05-012024-04-3006522104ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3006522104ns10:SmallEntities2023-05-012024-04-3006522104ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3006522104ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3006522104ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3006522104ns10:FullAccounts2023-05-012024-04-3006522104ns10:RegisteredOffice2023-05-012024-04-3006522104ns5:CurrentFinancialInstruments2024-04-3006522104ns5:CurrentFinancialInstruments2023-04-3006522104ns5:Non-currentFinancialInstruments2024-04-3006522104ns5:Non-currentFinancialInstruments2023-04-3006522104ns5:ShareCapital2024-04-3006522104ns5:ShareCapital2023-04-3006522104ns5:RetainedEarningsAccumulatedLosses2024-04-3006522104ns5:RetainedEarningsAccumulatedLosses2023-04-3006522104ns5:FurnitureFittings2023-05-012024-04-3006522104ns5:MotorVehicles2023-05-012024-04-3006522104ns5:ComputerEquipment2023-05-012024-04-3006522104ns5:FurnitureFittings2023-04-3006522104ns5:MotorVehicles2023-04-3006522104ns5:ComputerEquipment2023-04-3006522104ns5:FurnitureFittings2024-04-3006522104ns5:MotorVehicles2024-04-3006522104ns5:ComputerEquipment2024-04-3006522104ns5:FurnitureFittings2023-04-3006522104ns5:MotorVehicles2023-04-3006522104ns5:ComputerEquipment2023-04-3006522104ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3006522104ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-30
REGISTERED NUMBER: 06522104 (England and Wales)














Financial Statements for the Year Ended 30 April 2024

for

T. Tovey Limited

T. Tovey Limited (Registered number: 06522104)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


T. Tovey Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr T J Tovey





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 06522104 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

T. Tovey Limited (Registered number: 06522104)

Statement of Financial Position
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 25,496 33,888

CURRENT ASSETS
Inventories 25,000 33,000
Debtors 5 55,189 36,086
Cash at bank 118,694 171,353
198,883 240,439
CREDITORS
Amounts falling due within one year 6 26,681 66,800
NET CURRENT ASSETS 172,202 173,639
TOTAL ASSETS LESS CURRENT LIABILITIES 197,698 207,527

CREDITORS
Amounts falling due after more than one
year

7

8,066

13,039
NET ASSETS 189,632 194,488

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 189,631 194,487
SHAREHOLDERS' FUNDS 189,632 194,488

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

T. Tovey Limited (Registered number: 06522104)

Statement of Financial Position - continued
30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 January 2025 and were signed by:





Mr T J Tovey - Director


T. Tovey Limited (Registered number: 06522104)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

T. Tovey 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.

2. ACCOUNTING POLICIES

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

Turnover
Revenue 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

T. Tovey Limited (Registered number: 06522104)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 2,125 43,215 1,644 46,984
DEPRECIATION
At 1 May 2023 1,324 10,804 968 13,096
Charge for year 120 8,103 169 8,392
At 30 April 2024 1,444 18,907 1,137 21,488
NET BOOK VALUE
At 30 April 2024 681 24,308 507 25,496
At 30 April 2023 801 32,411 676 33,888

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 12,868 33,667
Other debtors 42,321 2,419
55,189 36,086

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 6,000 6,000
Trade creditors 15,614 29,392
Taxation and social security 3,342 31,334
Other creditors 1,725 74
26,681 66,800

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans 8,066 13,039

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 2,066 1,039

8. RELATED PARTY DISCLOSURES

The Director Mr T Tovey is considered to be the key management personnel.