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Company Registration No. 06950880 (England and Wales)
Tiverton & Taunton Flooring Limited Unaudited accounts for the year ended 30 June 2024
Tiverton & Taunton Flooring Limited Unaudited accounts Contents
Page
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Tiverton & Taunton Flooring Limited Company Information for the year ended 30 June 2024
Director
Mr Hal White
Company Number
06950880 (England and Wales)
Registered Office
39 BAMPTON STREET TIVERTON DEVON EX16 6AH
Accountants
Monksilver GP Ltd The Old Schoolhouse Monksilver Taunton Somerset TA4 4HY
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Tiverton & Taunton Flooring Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,684 
19,127 
Current assets
Inventories
40,000 
53,080 
Debtors
172,900 
133,871 
Cash at bank and in hand
158,889 
196,105 
371,789 
383,056 
Creditors: amounts falling due within one year
(61,277)
(107,767)
Net current assets
310,512 
275,289 
Total assets less current liabilities
326,196 
294,416 
Creditors: amounts falling due after more than one year
(18,218)
(28,877)
Net assets
307,978 
265,539 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
307,977 
265,538 
Shareholders' funds
307,978 
265,539 
For the year ending 30 June 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 24 February 2025 and were signed on its behalf by
Mr Hal White Director Company Registration No. 06950880
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Tiverton & Taunton Flooring Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Tiverton & Taunton Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 06950880. The registered office is 39 BAMPTON STREET, TIVERTON, DEVON, EX16 6AH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
18% Reducing
Motor vehicles
18% Reducing
Fixtures & fittings
18% Reducing
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
41,223 
85,889 
2,951 
130,063 
At 30 June 2024
41,223 
85,889 
2,951 
130,063 
Depreciation
At 1 July 2023
38,090 
70,061 
2,785 
110,936 
Charge for the year
564 
2,849 
30 
3,443 
At 30 June 2024
38,654 
72,910 
2,815 
114,379 
Net book value
At 30 June 2024
2,569 
12,979 
136 
15,684 
At 30 June 2023
3,133 
15,828 
166 
19,127 
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Tiverton & Taunton Flooring Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
16,632 
Other debtors
172,900 
117,239 
172,900 
133,871 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
22,961 
- 
Trade creditors
23,468 
103,398 
Taxes and social security
14,848 
306 
Loans from directors
- 
4,063 
61,277 
107,767 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,218 
28,877 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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