Company Registration No. 11486557 (England and Wales)
T AND K HVAC LTD
Unaudited accounts
for the year ended 31 July 2024
T AND K HVAC LTD
Unaudited accounts
Contents
T AND K HVAC LTD
Company Information
for the year ended 31 July 2024
Company Number
11486557 (England and Wales)
Registered Office
40 Shinglewell Road
Erith
Kent
DA8 1NE
T AND K HVAC LTD
Statement of financial position
as at 31 July 2024
Tangible assets
49,535
38,601
Cash at bank and in hand
92,605
51,649
Creditors: amounts falling due within one year
(101,996)
(74,254)
Net current assets
135,493
94,632
Total assets less current liabilities
185,028
133,233
Creditors: amounts falling due after more than one year
(29,724)
(23,793)
Provisions for liabilities
Net assets
142,920
109,440
Called up share capital
1
1
Profit and loss account
142,919
109,439
Shareholders' funds
142,920
109,440
For the year ending 31 July 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 31 January 2025 and were signed on its behalf by
MR THOMAS KIRK
Director
Company Registration No. 11486557
T AND K HVAC LTD
Notes to the Accounts
for the year ended 31 July 2024
T AND K HVAC LTD is a private company, limited by shares, registered in England and Wales, registration number 11486557. The registered office is 40 Shinglewell Road, Erith, Kent, DA8 1NE.
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.
These financial statements for the year ended 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 August 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Plant & machinery
25% Straight Line
Motor vehicles
25% Straight Line
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
1,753
49,839
600
3,144
55,336
Additions
-
30,489
916
1,835
33,240
At 31 July 2024
1,753
80,328
1,516
4,979
88,576
At 1 August 2023
938
14,023
450
1,324
16,735
Charge for the year
438
20,082
379
1,407
22,306
At 31 July 2024
1,376
34,105
829
2,731
39,041
At 31 July 2024
377
46,223
687
2,248
49,535
At 31 July 2023
815
35,816
150
1,820
38,601
T AND K HVAC LTD
Notes to the Accounts
for the year ended 31 July 2024
Amounts falling due within one year
Trade debtors
104,130
73,898
Other debtors
35,168
28,357
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
15,139
9,873
Trade creditors
61,326
46,611
Taxes and social security
30,127
4,596
Loans from directors
(6,661)
13,174
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
29,724
23,793
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
-
6,661
-
6,661
At 31ST July 2024 the directors owed T and K HVAC Ltd £6,661 (2023 £0). There are no terms attached to the loans provided to the directors and they have been provided by the company interest free
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).