Town Talk Polish Company Ltd |
Registered number: |
00749912 |
Balance Sheet |
as at 31 May 2024 |
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Intangible assets |
3 |
|
|
223,631 |
|
|
216,191 |
Tangible assets |
4 |
|
|
1,170,190 |
|
|
1,210,405 |
|
|
|
|
1,393,821 |
|
|
1,426,596 |
|
Current assets |
Stocks |
|
|
342,410 |
|
|
335,069 |
Debtors |
5 |
|
316,471 |
|
|
341,130 |
Cash at bank and in hand |
|
|
1,284,852 |
|
|
970,622 |
|
|
|
1,943,733 |
|
|
1,646,821 |
|
Creditors: amounts falling due within one year |
6 |
|
(509,857) |
|
|
(460,727) |
|
Net Current Assets |
|
|
|
1,433,876 |
|
|
1,186,094 |
|
Total assets less current liabilities |
|
|
|
2,827,697 |
|
|
2,612,690 |
|
Creditors: amounts falling due after more than one year |
7 |
|
|
(100,194) |
|
|
(100,194) |
|
Provisions for liabilities |
|
|
|
(35,506) |
|
|
(30,106) |
|
|
Net Assets |
|
|
|
2,691,997 |
|
|
2,482,390 |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
732 |
|
|
732 |
Share premium |
|
|
|
1,057 |
|
|
1,057 |
Revaluation reserve |
8 |
|
|
588,652 |
|
|
588,652 |
Profit and loss account |
|
|
|
2,101,556 |
|
|
1,891,949 |
|
Shareholders' funds |
|
|
|
2,691,997 |
|
|
2,482,390 |
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
A Smyth |
Director |
Approved by the board on 6 January 2025 |
|
Town Talk Polish Company Ltd |
Notes to the Accounts |
for the year ended 31 May 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
38 |
|
45 |
|
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Trade Marks |
|
|
Cost |
|
At 1 June 2023 |
216,191 |
|
Additions |
7,440 |
|
At 31 May 2024 |
223,631 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 May 2024 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2024 |
223,631 |
|
At 31 May 2023 |
216,191 |
|
|
|
|
|
|
|
|
|
|
4 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
£ |
£ |
£ |
|
Cost |
|
At 1 June 2023 |
1,216,265 |
|
2,245,789 |
|
3,462,054 |
|
Additions |
- |
|
19,727 |
|
19,727 |
|
At 31 May 2024 |
1,216,265 |
|
2,265,516 |
|
3,481,781 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2023 |
190,560 |
|
2,061,089 |
|
2,251,649 |
|
Charge for the year |
19,056 |
|
40,886 |
|
59,942 |
|
At 31 May 2024 |
209,616 |
|
2,101,975 |
|
2,311,591 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2024 |
1,006,649 |
|
163,541 |
|
1,170,190 |
|
At 31 May 2023 |
1,025,705 |
|
184,700 |
|
1,210,405 |
|
|
5 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Trade debtors |
316,471 |
|
341,130 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Bank loans and overdrafts |
81,577 |
|
108,105 |
|
Trade creditors |
74,665 |
|
206,709 |
|
Taxation and social security costs |
339,932 |
|
125,108 |
|
Other creditors |
13,683 |
|
20,805 |
|
|
|
|
|
|
509,857 |
|
460,727 |
|
|
|
|
|
|
|
|
|
|
7 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
£ |
£ |
|
|
Other creditors |
100,194 |
|
100,194 |
|
|
|
|
|
|
|
|
|
|
8 |
Revaluation reserve |
2024 |
|
2023 |
£ |
£ |
|
|
At 1 June 2023 |
588,652 |
|
588,652 |
|
|
At 31 May 2024 |
588,652 |
|
588,652 |
|
|
|
|
|
|
|
|
|
|
9 |
Other information |
|
|
Town Talk Polish Company Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
Slater Lane |
|
Off Waterloo Street |
|
Bolton |
|
BL1 2TQ |