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REGISTERED NUMBER: 05158171 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

SEGREGATION OF RECYCLABLES TAMWORTH
LIMITED

SEGREGATION OF RECYCLABLES TAMWORTH
LIMITED (REGISTERED NUMBER: 05158171)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SEGREGATION OF RECYCLABLES TAMWORTH
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTORS: J Rooke
E W Briers





SECRETARY: J Rooke





REGISTERED OFFICE: Anchor Sidings
Glascote Road
Tamworth
Staffordshire
B77 2AN





REGISTERED NUMBER: 05158171 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
5 Argosy Court
Scimitar Way
Whitley Business Park
Coventry
CV3 4GA

SEGREGATION OF RECYCLABLES TAMWORTH
LIMITED (REGISTERED NUMBER: 05158171)

BALANCE SHEET
31 OCTOBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,276 -
Investment property 5 4,092,000 2,641,676
4,108,276 2,641,676

CURRENT ASSETS
Debtors 6 22,924 57,904
Cash at bank 385,929 590,392
408,853 648,296
CREDITORS
Amounts falling due within one year 7 2,207 20,594
NET CURRENT ASSETS 406,646 627,702
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,514,922

3,269,378

PROVISIONS FOR LIABILITIES 302,535 -
NET ASSETS 4,212,387 3,269,378

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 4,212,386 3,269,377
SHAREHOLDERS' FUNDS 4,212,387 3,269,378

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SEGREGATION OF RECYCLABLES TAMWORTH
LIMITED (REGISTERED NUMBER: 05158171)

BALANCE SHEET - continued
31 OCTOBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 February 2025 and were signed on its behalf by:





E W Briers - Director


SEGREGATION OF RECYCLABLES TAMWORTH
LIMITED (REGISTERED NUMBER: 05158171)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

Segregation Of Recyclables Tamworth 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

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.
Fixtures and fittings - 20% on cost

No depreciation is charged on freehold land.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

SEGREGATION OF RECYCLABLES TAMWORTH
LIMITED (REGISTERED NUMBER: 05158171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
Additions 17,968
At 31 October 2024 17,968
DEPRECIATION
Charge for year 1,692
At 31 October 2024 1,692
NET BOOK VALUE
At 31 October 2024 16,276

Included in cost of land and buildings is freehold land of £ 500,000 which is not depreciated.

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023 2,641,676
Revaluations 1,450,324
At 31 October 2024 4,092,000
NET BOOK VALUE
At 31 October 2024 4,092,000
At 31 October 2023 2,641,676

Fair value at 31 October 2024 is represented by:
£   
Valuation in 2017 550,000
Valuation in 2024 1,450,324
Cost 2,091,676
4,092,000

SEGREGATION OF RECYCLABLES TAMWORTH
LIMITED (REGISTERED NUMBER: 05158171)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


5. INVESTMENT PROPERTY - continued

Investment property was valued on an open market basis on 31 December 2024 by Avison Young Surveyors.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 22,924 57,904

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,000 19,443
Other creditors 1,207 1,151
2,207 20,594