1 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 05010484 2024-04-01 2025-01-31 05010484 2025-01-31 05010484 2024-03-31 05010484 2023-04-01 2024-03-31 05010484 2024-03-31 05010484 2023-03-31 05010484 core:MotorVehicles 2024-04-01 2025-01-31 05010484 bus:Director1 2024-04-01 2025-01-31 05010484 core:MotorVehicles 2024-03-31 05010484 core:WithinOneYear 2025-01-31 05010484 core:WithinOneYear 2024-03-31 05010484 core:ShareCapital 2025-01-31 05010484 core:ShareCapital 2024-03-31 05010484 core:RetainedEarningsAccumulatedLosses 2025-01-31 05010484 core:RetainedEarningsAccumulatedLosses 2024-03-31 05010484 core:MotorVehicles 2024-03-31 05010484 bus:SmallEntities 2024-04-01 2025-01-31 05010484 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-01-31 05010484 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-01-31 05010484 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-01-31 05010484 bus:FullAccounts 2024-04-01 2025-01-31 05010484 core:FurnitureFittingsToolsEquipment 2024-03-31 05010484 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-01-31
COMPANY REGISTRATION NUMBER: 05010484
Tickles Quality Carpentry Limited
Filleted Unaudited Financial Statements
31 January 2025
Tickles Quality Carpentry Limited
Statement of Financial Position
31 January 2025
31 Jan 25
31 Mar 24
Note
£
£
£
Fixed assets
Tangible assets
5
1,677
Current assets
Debtors
6
872
3,581
Cash at bank and in hand
6,696
6,706
-------
--------
7,568
10,287
Creditors: amounts falling due within one year
7
4,498
8,956
-------
--------
Net current assets
3,070
1,331
-------
-------
Total assets less current liabilities
3,070
3,008
Provisions
Taxation including deferred tax
319
-------
-------
Net assets
3,070
2,689
-------
-------
Capital and reserves
Called up share capital
100
100
Profit and loss account
2,970
2,589
-------
-------
Shareholders funds
3,070
2,689
-------
-------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Tickles Quality Carpentry Limited
Statement of Financial Position (continued)
31 January 2025
These financial statements were approved by the board of directors and authorised for issue on 6 March 2025 , and are signed on behalf of the board by:
Mr D Wisson
Director
Company registration number: 05010484
Tickles Quality Carpentry Limited
Notes to the Financial Statements
Period from 1 April 2024 to 31 January 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Kimbolton Road, Bedford, MK40 2 NR.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more, tax, except deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Motor vehicles
-
25% reducing balance
Tools and Equipment
-
20%/33% reducing balance
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1 (2024: 1 ).
5. Tangible assets
Motor vehicles
Equipment
Total
£
£
£
Cost
At 1 April 2024
7,794
5,859
13,653
Disposals
( 7,794)
( 5,859)
( 13,653)
-------
-------
--------
At 31 January 2025
-------
-------
--------
Depreciation
At 1 April 2024
7,071
4,905
11,976
Charge for the period
150
205
355
Disposals
( 7,221)
( 5,110)
( 12,331)
-------
-------
--------
At 31 January 2025
-------
-------
--------
Carrying amount
At 31 January 2025
-------
-------
--------
At 31 March 2024
723
954
1,677
-------
-------
--------
6. Debtors
31 Jan 25
31 Mar 24
£
£
Trade debtors
872
Other debtors
3,581
----
-------
872
3,581
----
-------
7. Creditors: amounts falling due within one year
31 Jan 25
31 Mar 24
£
£
Trade creditors
471
2,264
Corporation tax
1,787
2,509
Social security and other taxes
388
Other creditors
2,240
3,795
-------
-------
4,498
8,956
-------
-------