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REGISTERED NUMBER: 07591553 (England and Wales)















Financial Statements for the Year Ended 30 April 2024

for

TD Precision Build Ltd

TD Precision Build Ltd (Registered number: 07591553)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TD Precision Build Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: A Dauti





REGISTERED OFFICE: 36 Ince Road
Hersham
Walton­On­Thames
KT12 5BJ





REGISTERED NUMBER: 07591553 (England and Wales)





ACCOUNTANTS: Ortenz & Co Ltd
354 High Street North
London
E12 6PH

TD Precision Build Ltd (Registered number: 07591553)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 50,371 14,550

CURRENT ASSETS
Debtors 5 1,159,241 761,626
Cash at bank and in hand 73,706 92,779
1,232,947 854,405
CREDITORS
Amounts falling due within one year 6 474,825 375,192
NET CURRENT ASSETS 758,122 479,213
TOTAL ASSETS LESS CURRENT
LIABILITIES

808,493

493,763

CREDITORS
Amounts falling due after more than one
year

7

388,488

328,791
NET ASSETS 420,005 164,972

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 9 420,004 164,971
SHAREHOLDERS' FUNDS 420,005 164,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

TD Precision Build Ltd (Registered number: 07591553)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2024 and were signed by:





A Dauti - Director


TD Precision Build Ltd (Registered number: 07591553)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

TD Precision Build Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

TD Precision Build Ltd (Registered number: 07591553)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023 3,253 116,115 4,639 124,007
Additions 1,564 75,176 1,499 78,239
Disposals - (35,995 ) - (35,995 )
At 30 April 2024 4,817 155,296 6,138 166,251
DEPRECIATION
At 1 May 2023 3,253 104,277 1,927 109,457
Charge for year 313 34,064 842 35,219
Eliminated on disposal - (28,796 ) - (28,796 )
At 30 April 2024 3,566 109,545 2,769 115,880
NET BOOK VALUE
At 30 April 2024 1,251 45,751 3,369 50,371
At 30 April 2023 - 11,838 2,712 14,550

5. DEBTORS
30.4.24 30.4.23
£    £   
Amounts falling due within one year:
Trade debtors 1,225 -
Other debtors 8,936 18,752
HMRC Section 455 135,405 -
Directors' current accounts 759,200 510,200
904,766 528,952

Amounts falling due after more than one year:
Other debtors 144,406 232,674
Loan arrangement fee 25,069 -
Loans to non-related entity 85,000 -
254,475 232,674

Aggregate amounts 1,159,241 761,626

TD Precision Build Ltd (Registered number: 07591553)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts (see note 8) 37,836 39,620
Trade creditors 1 -
Tax 287,320 228,208
Social security and other taxes 117,853 79,480
Pension contributions due 272 271
VAT 24,496 19,076
Accrued expenses 7,047 8,537
474,825 375,192

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans (see note 8) 302,804 328,791
Finance leases 85,684 -
388,488 328,791

8. LOANS

An analysis of the maturity of loans is given below:

30.4.24 30.4.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 37,836 39,620

Amounts falling due between two and five years:
Bank loans - 2-5 years 302,804 328,791

9. RESERVES
Retained
earnings
£   

At 1 May 2023 164,971
Profit for the year 302,557
Dividends (47,524 )
At 30 April 2024 420,004

TD Precision Build Ltd (Registered number: 07591553)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
A Dauti
Balance outstanding at start of year 510,200 291,000
Amounts advanced 358,000 510,200
Amounts repaid (109,000 ) (140,000 )
Amounts written off - (151,000 )
Amounts waived - -
Balance outstanding at end of year 759,200 510,200