Tamwood Builders Supplies Limited 01604411 true 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is as a dormant company Digita Accounts Production Advanced 6.30.9574.0 true J E Milligan J E Milligan false false true false 01604411 2023-09-01 2024-08-31 01604411 2024-08-31 01604411 bus:OrdinaryShareClass1 2024-08-31 01604411 core:RetainedEarningsAccumulatedLosses 2024-08-31 01604411 core:ShareCapital 2024-08-31 01604411 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 01604411 bus:FRS102 2023-09-01 2024-08-31 01604411 bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 01604411 bus:FullAccounts 2023-09-01 2024-08-31 01604411 bus:RegisteredOffice 2023-09-01 2024-08-31 01604411 bus:CompanySecretary1 2023-09-01 2024-08-31 01604411 bus:Director2 2023-09-01 2024-08-31 01604411 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 01604411 bus:EntityNoLongerTradingButTradedInPast 2023-09-01 2024-08-31 01604411 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 01604411 core:Subsidiary1 2023-09-01 2024-08-31 01604411 core:Subsidiary1 countries:AllCountries 2023-09-01 2024-08-31 01604411 1 2023-09-01 2024-08-31 01604411 countries:EnglandWales 2023-09-01 2024-08-31 01604411 2022-09-01 2023-08-31 01604411 2023-08-31 01604411 bus:OrdinaryShareClass1 2023-08-31 01604411 core:RetainedEarningsAccumulatedLosses 2023-08-31 01604411 core:ShareCapital 2023-08-31 01604411 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 01604411 core:CostValuation 2023-08-31 01604411 core:Subsidiary1 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 01604411

Tamwood Builders Supplies Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 August 2024

 

Tamwood Builders Supplies Limited

Profit and Loss Account for the Year Ended 31 August 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Tamwood Builders Supplies Limited

(Registration number: 01604411)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

300,000

300,000

Current assets

 

Debtors

5

165,188

165,188

Creditors: Amounts falling due within one year

6

(13,695)

(13,695)

Net current assets

 

151,493

151,493

Net assets

 

451,493

451,493

Capital and reserves

 

Called up share capital

7

50,000

50,000

Profit and loss account

401,493

401,493

Total equity

 

451,493

451,493

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 31 October 2024
 


J E Milligan
Director

 

Tamwood Builders Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Olympus House
Britannia Road
Patchway
Bristol
BS34 5TA

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except for, where disclosed in these accounting policies, certain items that are shown at fair value.

The presentational currency of the financial statements is Pounds Sterling, being the functional currency of the primary economic environment in which the company operates. Monetary amounts in these financial statements are rounded to the nearest Pound.

Name of parent of group

These financial statements are consolidated in the financial statements of Kellaway Building Supplies Limited.

The financial statements of Kellaway Building Supplies Limited may be obtained from Companies House.

Group accounts not prepared

The company has taken advantage of the exemption in section 398 of the Companies Act 2006 from the requirement to prepare consolidated financial statements, on the grounds that it is a small group.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Judgements and estimation uncertainty

These financial statements do not contain any significant judgements or estimation uncertainty.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was as follows:

 

Tamwood Builders Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4

Investments in subsidiaries

2024
£

2023
£

Investments in subsidiaries

300,000

300,000

Subsidiaries

£

Cost and carrying amount

At 1 September 2023 and at 31 August 2024

300,000

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2024

2023

Subsidiary undertakings

Tamwood Property Services Limited

Ordinary

100%

100%

 

England and Wales

     

Subsidiary undertakings

Tamwood Property Services Limited

The principal activity of Tamwood Property Services Limited is that of a dormant company.

Tamwood Property Services Limited has the same registered office as Tamwood Builders Supplies Limited.

5

Debtors

2024
£

2023
£

Amounts owed by group undertakings

165,188

165,188

6

Creditors

2024
£

2023
£

Due within one year

Amounts due to group undertakings

13,695

13,695

7

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

50,000

50,000

50,000

50,000

         

8

Contingent liabilities

The company is bound by an unlimited multilateral cross guarantee arrangement with its parent company Kellaway Building Supplies Limited. the guarantee is secured by a fixed and floating charge over the tangible and intangible assets of the company and covers the following facilities that have been made available to Kellaway Building Supplies Limited - bank loans and overdraft facilities of £2,026,943 (2023 - £1,713,264).

 

Tamwood Builders Supplies Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

9

Parent and ultimate parent undertaking

The company's ultimate and only parent undertaking is Kellaway Building Supplies Limited, incorporated in England and Wales. The ultimate controlling party is J E Milligan by virtue of his shareholding in Kellaway Building Supplies Limited.