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Company Registration No. 1497221 (England and Wales)
Taab Laboratories Equipment Limited Unaudited accounts for the year ended 31 May 2024
Taab Laboratories Equipment Limited Unaudited accounts Contents
Page
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Taab Laboratories Equipment Limited Company Information for the year ended 31 May 2024
Director
Julien Abbott
Company Number
1497221 (England and Wales)
Registered Office
3 Minerva House Calleva Industrial Park Aldermaston Berkshire RG7 8NA
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Taab Laboratories Equipment Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
145,000 
145,000 
Current assets
Inventories
42,627 
19,000 
Debtors
88,642 
103,442 
131,269 
122,442 
Creditors: amounts falling due within one year
(249,859)
(206,373)
Net current liabilities
(118,590)
(83,931)
Total assets less current liabilities
26,410 
61,069 
Creditors: amounts falling due after more than one year
(40,007)
(69,870)
Net liabilities
(13,597)
(8,801)
Capital and reserves
Called up share capital
1,000 
1,000 
Share premium
1,700 
1,700 
Revaluation reserve
37,296 
37,296 
Profit and loss account
(53,593)
(48,797)
Shareholders' funds
(13,597)
(8,801)
For the year ending 31 May 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 13 February 2025 and were signed on its behalf by
Julien Abbott Director Company Registration No. 1497221
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Taab Laboratories Equipment Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Taab Laboratories Equipment Limited is a private company, limited by shares, registered in England and Wales, registration number 1497221. The registered office is 3 Minerva House, Calleva Industrial Park, Aldermaston, Berkshire, RG7 8NA.
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:
Land & buildings
Nil
Motor vehicles
25% on a reducing balances basis
Computer equipment
30% on a reducing balance basis
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
145,000 
66,470 
4,750 
216,220 
At 31 May 2024
145,000 
66,470 
4,750 
216,220 
Depreciation
At 1 June 2023
- 
65,159 
6,061 
71,220 
At 31 May 2024
- 
65,159 
6,061 
71,220 
Net book value
At 31 May 2024
145,000 
1,311 
(1,311)
145,000 
At 31 May 2023
145,000 
1,311 
(1,311)
145,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
88,642 
103,442 
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Taab Laboratories Equipment Limited Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
81,064 
58,264 
Trade creditors
149,827 
125,721 
Accruals
18,968 
22,388 
249,859 
206,373 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,812 
51,351 
Loans from directors
10,195 
18,519 
40,007 
69,870 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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