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REGISTERED NUMBER: 06577310 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

TURNER TANKS LIMITED

TURNER TANKS LIMITED (REGISTERED NUMBER: 06577310)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TURNER TANKS LIMITED

COMPANY INFORMATION
For The Year Ended 30 April 2024







DIRECTOR: D Turner





REGISTERED OFFICE: 1 Rushmills
Northampton
Northamptonshire
NN4 7YB





REGISTERED NUMBER: 06577310 (England and Wales)





ACCOUNTANTS: TC Group
1 Rushmills
Bedford Road
Northampton
Northamptonshire
NN4 7YB

TURNER TANKS LIMITED (REGISTERED NUMBER: 06577310)

BALANCE SHEET
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 710 947

CURRENT ASSETS
Debtors 5 11,888 12,383

CREDITORS
Amounts falling due within one year 6 11,722 13,236
NET CURRENT ASSETS/(LIABILITIES) 166 (853 )
TOTAL ASSETS LESS CURRENT LIABILITIES 876 94

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 875 93
SHAREHOLDERS' FUNDS 876 94

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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 March 2025 and were signed by:





D Turner - Director


TURNER TANKS LIMITED (REGISTERED NUMBER: 06577310)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 April 2024


1. STATUTORY INFORMATION

Turner Tanks Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

TURNER TANKS LIMITED (REGISTERED NUMBER: 06577310)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 10,265 8,800 362 19,427
DEPRECIATION
At 1 May 2023 9,674 8,489 317 18,480
Charge for year 148 78 11 237
At 30 April 2024 9,822 8,567 328 18,717
NET BOOK VALUE
At 30 April 2024 443 233 34 710
At 30 April 2023 591 311 45 947

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,888 12,062
Directors' current accounts - 321
11,888 12,383

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 926 1,721
Trade creditors 2,645 1,512
Corporation tax 2,819 2,848
Social security and other taxes 627 2,004
VAT 472 1,099
Other creditors 2,401 2,402
Directors' current accounts 382 -
Accrued expenses 1,450 1,650
11,722 13,236

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

TURNER TANKS LIMITED (REGISTERED NUMBER: 06577310)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 April 2024


8. 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:

2024 2023
£    £   
D Turner
Balance outstanding at start of year 321 -
Amounts advanced - 321
Amounts repaid (321 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 321

This directors loan was repaid within 9 months of the year end.