Acorah Software Products - Accounts Production 16.1.300 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 NI071568 Mr Joseph McHugh Mr Ian Heatrick Mr Trevor Heatrick Mr Edward McHugh iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI071568 2023-06-30 NI071568 2024-06-30 NI071568 2023-07-01 2024-06-30 NI071568 frs-core:CurrentFinancialInstruments 2024-06-30 NI071568 frs-core:ShareCapital 2024-06-30 NI071568 frs-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 NI071568 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 NI071568 frs-bus:SmallEntities 2023-07-01 2024-06-30 NI071568 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 NI071568 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 NI071568 frs-bus:Director1 2023-07-01 2024-06-30 NI071568 frs-bus:Director2 2023-07-01 2024-06-30 NI071568 frs-bus:Director3 2023-07-01 2024-06-30 NI071568 frs-bus:Director4 2023-07-01 2024-06-30 NI071568 frs-countries:NorthernIreland 2023-07-01 2024-06-30 NI071568 2022-06-30 NI071568 2023-06-30 NI071568 2022-07-01 2023-06-30 NI071568 frs-core:CurrentFinancialInstruments 2023-06-30 NI071568 frs-core:ShareCapital 2023-06-30
Registered number: NI071568
T M Waste Limited
Unaudited Financial Statements
For The Year Ended 30 June 2024
42a-44a New Row
Coleraine
BT52 1AF
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—5
Page 1
Accountant's Report
Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of T M Waste Limited For The Year Ended 30 June 2024
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled the financial statements of the company from the accounting records and information and explanations you have given to us.
This report is made to the directors in accordance with the terms of our engagement. Our work has been undertaken to prepare for approval by the directors the financial statements that we have been engaged to compile, to report to the directors that we have done so, and to state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's directors for our work or for this report.
We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the ethical guidance laid down by the Institute relating to members undertaking the compilation of financial statements.
You have acknowledged on the balance sheet as at year ended 30 June 2024 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
We have not been instructed to carry out an audit of the financial statements. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
13/03/2025
EM Accountants
Chartered Accountants
42a-44a New Row
Coleraine
BT52 1AF
Page 1
Page 2
Balance Sheet
Registered number: NI071568
2024 2023
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 435,017 457,114
Cash at bank and in hand 319,641 265,918
754,658 723,032
Creditors: Amounts Falling Due Within One Year 5 (754,656 ) (723,030 )
NET CURRENT ASSETS (LIABILITIES) 2 2
TOTAL ASSETS LESS CURRENT LIABILITIES 2 2
NET ASSETS 2 2
CAPITAL AND RESERVES
Called up share capital 6 2 2
SHAREHOLDERS' FUNDS 2 2
Page 2
Page 3
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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Joseph McHugh
Director
13/03/2025
The notes on pages 4 to 5 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
T M Waste Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI071568 . The registered office is 102 Glen Road, Maghera, Co Londonderry, BT46 5JG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and form the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover form the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
3. Average Number of Employees
Average number of employees, including directors, during the year was NIL (2023: NIL)
- -
4. Debtors
2024 2023
£ £
Due within one year
Trade debtors 167,389 168,051
Prepayments and accrued income 267,626 289,063
VAT 2 -
435,017 457,114
Page 4
Page 5
5. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 486,044 432,958
Accruals and deferred income 267,612 289,072
Amounts owed to associates 1,000 1,000
754,656 723,030
6. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
Page 5