Transpennine Projects Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07942896

Transpennine Projects Limited

Filleted Unaudited Financial Statements

30 September 2024

Transpennine Projects Limited

Statement of Financial Position

30 September 2024

	2024		2023
Note	£	£	£

Current assets

Debtors	4	245,841	243,607
Cash at bank and in hand		11,620	19,497
		---------	---------
		257,461	263,104

Creditors: amounts falling due within one year	5	273,305		272,305
		---------		---------
Net current liabilities			15,844	9,201
			--------	-------
Total assets less current liabilities			( 15,844)	( 9,201)

Creditors: amounts falling due after more than one year	6	277	277
		--------	-------
Net liabilities		( 16,121)	( 9,478)
		--------	-------

Capital and reserves

Called up share capital	1,000	1,000
Profit and loss account	( 17,121)	( 10,478)
	--------	--------
Shareholders deficit	( 16,121)	( 9,478)
	--------	--------

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 year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Transpennine Projects Limited

Statement of Financial Position (continued)

30 September 2024

These financial statements were approved by the board of directors and authorised for issue on 3 April 2025 , and are signed on behalf of the board by:

Mr M I Chaudry

Director

Company registration number: 07942896

Transpennine Projects Limited

Notes to the Financial Statements

Year ended 30 September 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Moorhead Lane, Shipley, West Yorkshire, BD18 4JH.

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.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Debtors

	2024	2023
	£	£
Other debtors	245,841	243,607
	---------	---------

5. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	4,000	1,200
Other creditors	268,305	268,305
Other creditors	1,000	2,800
	---------	---------
	273,305	272,305
	---------	---------

6. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	277	277
	----	----

7. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	Balance brought forward and outstanding
	2024	2023
	£	£
Mrs S L Arnold	17,000	17,000
	--------	--------

8. Related party transactions

The company was under the control of the Directors throughout the current and previous year.