Acorah Software Products - Accounts Production 16.2.850 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 14429571 Mr S Watson Mr S Watson iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14429571 2023-12-31 14429571 2024-12-31 14429571 2024-01-01 2024-12-31 14429571 frs-core:CurrentFinancialInstruments 2024-12-31 14429571 frs-core:MotorVehicles 2024-12-31 14429571 frs-core:MotorVehicles 2024-01-01 2024-12-31 14429571 frs-core:MotorVehicles 2023-12-31 14429571 frs-core:PlantMachinery 2024-12-31 14429571 frs-core:PlantMachinery 2024-01-01 2024-12-31 14429571 frs-core:PlantMachinery 2023-12-31 14429571 frs-core:ShareCapital 2024-12-31 14429571 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 14429571 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 14429571 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 14429571 frs-bus:SmallEntities 2024-01-01 2024-12-31 14429571 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 14429571 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 14429571 frs-bus:Director1 2024-01-01 2024-12-31 14429571 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 14429571 frs-countries:EnglandWales 2024-01-01 2024-12-31 14429571 2022-12-31 14429571 2023-12-31 14429571 2023-01-01 2023-12-31 14429571 frs-core:CurrentFinancialInstruments 2023-12-31 14429571 frs-core:ShareCapital 2023-12-31 14429571 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 14429571
TD Construction (Yorkshire) Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Moyola House, 31 Hawthorn Grove
York
YO31 7YA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14429571
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 45,273 21,077
45,273 21,077
CURRENT ASSETS
Stocks 5 - 15,784
Debtors 6 6,921 44,895
Cash at bank and in hand 230,726 19,097
237,647 79,776
Creditors: Amounts Falling Due Within One Year 7 (146,891 ) (56,509 )
NET CURRENT ASSETS (LIABILITIES) 90,756 23,267
TOTAL ASSETS LESS CURRENT LIABILITIES 136,029 44,344
NET ASSETS 136,029 44,344
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 135,929 44,244
SHAREHOLDERS' FUNDS 136,029 44,344
Page 1
Page 2
For the year ending 31 December 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 S Watson
Director
11th March 2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
TD Construction (Yorkshire) Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14429571 . The registered office is Moyola House, 31 Hawthorne Grove, York, YO31 7YA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
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 from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from 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.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Balance
Motor Vehicles 18% Reducing Balance
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2023: 2)
3 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 January 2024 7,000 17,995 24,995
Additions 9,648 25,645 35,293
As at 31 December 2024 16,648 43,640 60,288
Depreciation
As at 1 January 2024 3,063 855 3,918
Provided during the period 3,396 7,701 11,097
As at 31 December 2024 6,459 8,556 15,015
Net Book Value
As at 31 December 2024 10,189 35,084 45,273
As at 1 January 2024 3,937 17,140 21,077
5. Stocks
2024 2023
£ £
Work in progress - 15,784
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 2,263 26,788
Prepayments and accrued income 4,658 4,047
Other debtors - 5,503
VAT - 8,557
6,921 44,895
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 44,402 27,744
Corporation tax 53,586 26,412
Other taxes and social security 5,315 -
VAT 41,125 -
Accruals and deferred income 1,550 1,500
Directors' loan accounts 913 853
146,891 56,509
Page 4
Page 5
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5