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REGISTERED NUMBER: 13025616 (England and Wales)












T3 INDUSTRY SOLUTIONS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






T3 INDUSTRY SOLUTIONS LTD (REGISTERED NUMBER: 13025616)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T3 INDUSTRY SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: A S Adams
Mrs N Adams





REGISTERED OFFICE: BBIC
Innovation Way
Barnsley
South Yorkshire
S75 1JL





REGISTERED NUMBER: 13025616 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe
Chartered Certified Accountants
The Old Vicarage
Church Close
Boston
Lincolnshire
PE21 6NA

T3 INDUSTRY SOLUTIONS LTD (REGISTERED NUMBER: 13025616)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 3 20,811 4,323

CURRENT ASSETS
Debtors 4 11,714 17,725
Cash at bank 34,343 819
46,057 18,544
CREDITORS
Amounts falling due within one year 5 31,310 12,525
NET CURRENT ASSETS 14,747 6,019
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,558

10,342

PROVISIONS FOR LIABILITIES 3,439 821
NET ASSETS 32,119 9,521

CAPITAL AND RESERVES
Called up share capital 2 1
Retained earnings 32,117 9,520
32,119 9,521

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

T3 INDUSTRY SOLUTIONS LTD (REGISTERED NUMBER: 13025616)

BALANCE SHEET - continued
31 JULY 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 December 2024 and were signed on its behalf by:





A S Adams - Director


T3 INDUSTRY SOLUTIONS LTD (REGISTERED NUMBER: 13025616)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024


1. 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.
Furniture & fittings - 20% on reducing balance
Office equipment - 20% 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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

T3 INDUSTRY SOLUTIONS LTD (REGISTERED NUMBER: 13025616)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2024


3. TANGIBLE FIXED ASSETS
Furniture Office
& fittings equipment Totals
£    £    £   
COST
At 1 August 2023 - 4,827 4,827
Additions 2,708 16,546 19,254
At 31 July 2024 2,708 21,373 24,081
DEPRECIATION
At 1 August 2023 - 504 504
Charge for year - 2,766 2,766
At 31 July 2024 - 3,270 3,270
NET BOOK VALUE
At 31 July 2024 2,708 18,103 20,811
At 31 July 2023 - 4,323 4,323

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 11,714 5,400
Other debtors - 12,325
11,714 17,725

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 4,811 814
Other creditors 26,499 11,711
31,310 12,525

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

2024 2023
£    £   
A S Adams
Balance outstanding at start of year 2,574 -
Amounts advanced - 2,574
Amounts repaid (2,574 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 2,574