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REGISTERED NUMBER: 11182998 (England and Wales)













TOTAL CLADDING SYSTEMS SW LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024






TOTAL CLADDING SYSTEMS SW LIMITED (REGISTERED NUMBER: 11182998)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TOTAL CLADDING SYSTEMS SW LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTOR: T Dwyer





REGISTERED OFFICE: Tudor House
16 Cathedral Road
United Kingdom
Cardiff
CF11 9LJ





REGISTERED NUMBER: 11182998 (England and Wales)





ACCOUNTANTS: Carston ETL
Tudor House
16 Cathedral Road
Cardiff
CF11 9LJ

TOTAL CLADDING SYSTEMS SW LIMITED (REGISTERED NUMBER: 11182998)

STATEMENT OF FINANCIAL POSITION
29 FEBRUARY 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 7,266 19,602

CURRENT ASSETS
Stocks 79,792 77,785
Debtors 5 573,818 481,639
Cash at bank 49,099 191
702,709 559,615
CREDITORS
Amounts falling due within one year 6 212,473 190,707
NET CURRENT ASSETS 490,236 368,908
TOTAL ASSETS LESS CURRENT LIABILITIES 497,502 388,510

CREDITORS
Amounts falling due after more than one year 7 (18,730 ) (18,793 )

PROVISIONS FOR LIABILITIES (1,817 ) (4,901 )
NET ASSETS 476,955 364,816

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 476,954 364,815
SHAREHOLDERS' FUNDS 476,955 364,816

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 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.

TOTAL CLADDING SYSTEMS SW LIMITED (REGISTERED NUMBER: 11182998)

STATEMENT OF FINANCIAL POSITION - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 January 2025 and were signed by:





T Dwyer - Director


TOTAL CLADDING SYSTEMS SW LIMITED (REGISTERED NUMBER: 11182998)

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


1. STATUTORY INFORMATION

Total Cladding Systems Sw 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
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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

TOTAL CLADDING SYSTEMS SW LIMITED (REGISTERED NUMBER: 11182998)

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


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£ £ £ £
COST
At 1 March 2023
and 29 February 2024 679 71,364 999 73,042
DEPRECIATION
At 1 March 2023 543 52,697 200 53,440
Charge for year 136 12,000 200 12,336
At 29 February 2024 679 64,697 400 65,776
NET BOOK VALUE
At 29 February 2024 - 6,667 599 7,266
At 28 February 2023 136 18,667 799 19,602

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 144,796 128,182
Directors' current accounts 429,022 353,457
573,818 481,639

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 2,760 2,760
Trade creditors 125,822 -
Tax 150,868 243,743
PAYE and NIC taxes (80,045 ) (102,227 )
VAT 768 40,431
Accruals and deferred income 12,300 6,000
212,473 190,707

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans - 1-2 years 18,730 18,793

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
1 Ordinary 1 1 1

TOTAL CLADDING SYSTEMS SW LIMITED (REGISTERED NUMBER: 11182998)

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


9. RESERVES
Retained
earnings
£

At 1 March 2023 364,815
Profit for the year 160,139
Dividends (48,000 )
At 29 February 2024 476,954

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£ £
T Dwyer
Balance outstanding at start of year 353,457 394,404
Amounts advanced 210,168 393,152
Amounts repaid (134,602 ) (434,099 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 429,023 353,457

As at the year end the company directors owed the company £429,023 (2023 - £353,457).

The loan is repayable on demand and interest (2%/2.25% p.a.) of £8,276 was charged by the company during the year.