Company Registration No. 09564557 (England and Wales)
TOOLZ UK LTD
Unaudited accounts
for the year ended 30 April 2024
TOOLZ UK LTD
Unaudited accounts
Contents
TOOLZ UK LTD
Company Information
for the year ended 30 April 2024
Company Number
09564557 (England and Wales)
Registered Office
124 UPTON LANE
LONDON
E7 9LW
ENGLAND
Accountants
RK ACCOUNTANTS LTD
HALL 1 THE WHITECHAPEL CENTRE
85 MYRDLE STREET
LONDON
E1 1HL
TOOLZ UK LTD
Statement of financial position
as at 30 April 2024
Intangible assets
10,000
10,000
Tangible assets
17,988
18,838
Cash at bank and in hand
26,579
139
Creditors: amounts falling due within one year
(19,758)
(20,567)
Net current assets/(liabilities)
11,965
(14,074)
Total assets less current liabilities
39,953
14,764
Creditors: amounts falling due after more than one year
(82,740)
(78,178)
Net liabilities
(42,787)
(63,414)
Called up share capital
1
1
Profit and loss account
(42,788)
(63,415)
Shareholders' funds
(42,787)
(63,414)
For the year ending 30 April 2024 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 22 January 2025 and were signed on its behalf by
Md Mijanul Haque
Director
Company Registration No. 09564557
TOOLZ UK LTD
Notes to the Accounts
for the year ended 30 April 2024
TOOLZ UK LTD is a private company, limited by shares, registered in England and Wales, registration number 09564557. The registered office is 124 UPTON LANE, LONDON, E7 9LW, ENGLAND.
2
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 year, 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Intangible fixed assets
Goodwill
TOOLZ UK LTD
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
10,346
13,570
8,950
32,866
At 30 April 2024
10,346
13,570
8,950
32,866
At 1 May 2023
-
8,185
5,843
14,028
Charge for the year
-
539
311
850
At 30 April 2024
-
8,724
6,154
14,878
At 30 April 2024
10,346
4,846
2,796
17,988
At 30 April 2023
10,346
5,385
3,107
18,838
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
142
3,829
Taxes and social security
9,299
8,578
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
24,326
22,326
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).