Company Registration No. 11174013 (England and Wales)
T&A SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 January 2024
T&A SOLUTIONS LIMITED
Unaudited accounts
Contents
T&A SOLUTIONS LIMITED
Company Information
for the year ended 31 January 2024
Director
Aaron Charles Shorter
Company Number
11174013 (England and Wales)
Registered Office
MATRIX HOUSE
12-16 LIONEL ROAD
CANVEY ISLAND
ESSEX
SS8 9DE
UNITED KINGDOM
T&A SOLUTIONS LIMITED
Statement of financial position
as at 31 January 2024
Investment property
296,410
421,410
Cash at bank and in hand
379
253
Creditors: amounts falling due within one year
(44,830)
(53,352)
Net current liabilities
(44,451)
(52,761)
Total assets less current liabilities
251,959
368,649
Creditors: amounts falling due after more than one year
(238,370)
(332,102)
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
12,630
29,599
Shareholders' funds
12,631
29,600
For the year ending 31 January 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 30 January 2025 and were signed on its behalf by
Aaron Charles Shorter
Director
Company Registration No. 11174013
T&A SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
T&A SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11174013. The registered office is MATRIX HOUSE, 12-16 LIONEL ROAD, CANVEY ISLAND, ESSEX, SS8 9DE, UNITED KINGDOM.
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.
Turnover is recognised at the fair value of the consideration received or receivable for rental income provided in the normal course of business.
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the income statement. Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets.
Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
T&A SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Fair value at 1 February 2023
421,410
At 31 January 2024
296,410
Amounts falling due within one year
Accrued income and prepayments
-
338
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(13)
316
Loans from directors
42,663
51,869
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
238,370
332,102
Creditors include bank loans, overdrafts and net obligations under finance lease and collateralised hire purchase contracts which are secured of £238,370 (2023: £332,102 ).
The Mortgage Works UK PLC has a fixed charge on the assets of the company.
Charter Court Financial Services Limited and Kensington Mortgage Company Limited have a negative pledge on the assets of the company.
Allotted, called up and fully paid:
100 Ordinary shares of £0.01 each
1
1
T&A SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).