TONERATE LIMITED

Company Registration Number:
14986882 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 7 July 2023

End date: 31 July 2024

TONERATE LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TONERATE LIMITED

Profit And Loss Account

for the Period Ended 31 July 2024

13 months to 31 July 2024


£
Turnover: 4,569,453
Cost of sales: ( 3,565,563 )
Gross profit(or loss): 1,003,890
Administrative expenses: ( 415,896 )
Operating profit(or loss): 587,994
Profit(or loss) before tax: 587,994
Tax: ( 111,719 )
Profit(or loss) for the financial year: 476,275

TONERATE LIMITED

Balance sheet

As at 31 July 2024

Notes 13 months to 31 July 2024


£
Fixed assets
Tangible assets: 3 68,268
Total fixed assets: 68,268
Current assets
Stocks: 4 225,049
Debtors: 5 406,356
Total current assets: 631,405
Creditors: amounts falling due within one year: 6 ( 111,677 )
Net current assets (liabilities): 519,728
Total assets less current liabilities: 587,996
Provision for liabilities: ( 111,719 )
Total net assets (liabilities): 476,277
Capital and reserves
Called up share capital: 2
Profit and loss account: 476,275
Total Shareholders' funds: 476,277

The notes form part of these financial statements

TONERATE LIMITED

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 1 August 2024
and signed on behalf of the board by:

Name: Maroof HUSSAIN
Status: Director

The notes form part of these financial statements

TONERATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

TONERATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    13 months to 31 July 2024
    Average number of employees during the period 18

TONERATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 80,315 80,315
Disposals
Revaluations
Transfers
At 31 July 2024 80,315 80,315
Depreciation
Charge for year 12,047 12,047
On disposals
Other adjustments
At 31 July 2024 12,047 12,047
Net book value
At 31 July 2024 68,268 68,268

TONERATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Stocks

13 months to 31 July 2024
£
Stocks 225,049
Total 225,049

TONERATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Debtors

13 months to 31 July 2024
£
Trade debtors 406,356
Total 406,356

TONERATE LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due within one year note

13 months to 31 July 2024
£
Bank loans and overdrafts 25,256
Trade creditors 35,185
Other creditors 51,236
Total 111,677