Caseware UK (AP4) 2024.0.164 2024.0.164 2024-07-312024-07-31falsefalse2023-08-01No description of principal activity64truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05958578 2023-08-01 2024-07-31 05958578 2022-08-01 2023-07-31 05958578 2024-07-31 05958578 2023-07-31 05958578 c:Director3 2023-08-01 2024-07-31 05958578 d:Buildings 2023-08-01 2024-07-31 05958578 d:Buildings 2024-07-31 05958578 d:Buildings 2023-07-31 05958578 d:Buildings d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 05958578 d:Buildings d:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 05958578 d:Buildings d:ShortLeaseholdAssets 2023-08-01 2024-07-31 05958578 d:PlantMachinery 2023-08-01 2024-07-31 05958578 d:MotorVehicles 2023-08-01 2024-07-31 05958578 d:FurnitureFittings 2023-08-01 2024-07-31 05958578 d:OtherPropertyPlantEquipment 2023-08-01 2024-07-31 05958578 d:OtherPropertyPlantEquipment 2024-07-31 05958578 d:OtherPropertyPlantEquipment 2023-07-31 05958578 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 05958578 d:OtherPropertyPlantEquipment d:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 05958578 d:OwnedOrFreeholdAssets 2023-08-01 2024-07-31 05958578 d:LeasedAssetsHeldAsLessee 2023-08-01 2024-07-31 05958578 d:CurrentFinancialInstruments 2024-07-31 05958578 d:CurrentFinancialInstruments 2023-07-31 05958578 d:Non-currentFinancialInstruments 2024-07-31 05958578 d:Non-currentFinancialInstruments 2023-07-31 05958578 d:CurrentFinancialInstruments d:WithinOneYear 2024-07-31 05958578 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 05958578 d:Non-currentFinancialInstruments d:AfterOneYear 2024-07-31 05958578 d:Non-currentFinancialInstruments d:AfterOneYear 2023-07-31 05958578 d:ShareCapital 2024-07-31 05958578 d:ShareCapital 2023-07-31 05958578 d:RetainedEarningsAccumulatedLosses 2024-07-31 05958578 d:RetainedEarningsAccumulatedLosses 2023-07-31 05958578 c:FRS102 2023-08-01 2024-07-31 05958578 c:AuditExempt-NoAccountantsReport 2023-08-01 2024-07-31 05958578 c:FullAccounts 2023-08-01 2024-07-31 05958578 c:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05958578 d:HirePurchaseContracts d:WithinOneYear 2024-07-31 05958578 d:HirePurchaseContracts d:WithinOneYear 2023-07-31 05958578 d:HirePurchaseContracts d:BetweenOneFiveYears 2024-07-31 05958578 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-07-31 05958578 e:PoundSterling 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure

Registered number: 05958578










TRUCK TECH (NE) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2024

 
TRUCK TECH (NE) LIMITED
REGISTERED NUMBER: 05958578

BALANCE SHEET
AS AT 31 JULY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
172,103
198,282

  
172,103
198,282

Current assets
  

Stocks
 5 
1,000
1,000

Debtors: amounts falling due within one year
 6 
50,294
34,414

Cash at bank and in hand
 7 
31,528
48,445

  
82,822
83,859

Creditors: amounts falling due within one year
 8 
(81,710)
(54,960)

Net current assets
  
 
 
1,112
 
 
28,899

Total assets less current liabilities
  
173,215
227,181

Creditors: amounts falling due after more than one year
 9 
(29,221)
(50,197)

Provisions for liabilities
  

Deferred tax
  
(39,852)
(33,782)

  
 
 
(39,852)
 
 
(33,782)

Net assets
  
104,142
143,202


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
103,142
142,202

  
104,142
143,202


The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

Page 1

 
TRUCK TECH (NE) LIMITED
REGISTERED NUMBER: 05958578
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2024

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 April 2025.




C Brown
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
TRUCK TECH (NE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1.


GENERAL INFORMATION

The company is a private company, limited by shares, incorporated in England & Wales and the registered office is:
Stapylton Stret
Bolckow Industrial Estate
Middlesborough
TS6 7BH

2.ACCOUNTING POLICIES

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors, having made due and careful enquiry, are of the opinion that the company has adequate working capital to execute its operations over the next 12 months. The directors. therefore, have made an informed judgement, at the time of approving the financial statements, that there is reasonable expectation that the company has adequate resources to continue in opertional existence for the forseeable future. As a result the directors have continued to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

Revenue

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Tangible fixed assets

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following bases.

Depreciation is provided on the following basis:

Building improvements
-
10 years straight line
Plant & machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures & fittings
-
5 years straight line

Page 3

 
TRUCK TECH (NE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

2.ACCOUNTING POLICIES (continued)

 
2.6

Financial instruments


The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabiliies like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties.


3.


Employees

2024
2023
£
£

Wages and salaries
134,348
89,358

Social security costs
2,880
1,125

137,228
90,483


The average monthly number of employees, including directors, during the year was 6 (2023 - 4).

Page 4

 
TRUCK TECH (NE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

4.


TANGIBLE FIXED ASSETS





Building improvements
Other fixed assets
Total

£
£
£



Cost


At 1 August 2023
69,837
516,425
586,262


Additions
-
38,235
38,235


Disposals
-
(16,900)
(16,900)



At 31 July 2024

69,837
537,760
607,597



Depreciation


At 1 August 2023
58,752
329,228
387,980


Charge for the year on owned assets
5,226
45,067
50,293


Charge for the year on financed assets
-
10,238
10,238


Disposals
-
(13,017)
(13,017)



At 31 July 2024

63,978
371,516
435,494



Net book value



At 31 July 2024
5,859
166,244
172,103



At 31 July 2023
11,085
187,197
198,282

Page 5

 
TRUCK TECH (NE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

5.


STOCKS

2024
2023
£
£

Finished goods and goods for resale
1,000
1,000

1,000
1,000


6.


DEBTORS

2024
2023
£
£


Trade debtors
46,362
30,229

Other debtors
-
1,023

Prepayments and accrued income
3,932
3,162

50,294
34,414



7.


CASH AND CASH EQUIVALENTS

2024
2023
£
£

Cash at bank and in hand
31,528
48,445

31,528
48,445



8.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024
2023
£
£

Bank loans
10,000
10,000

Trade creditors
19,633
11,853

Corporation tax
15,698
11,467

Other taxation and social security
21,473
6,188

Obligations under finance lease and hire purchase contracts
10,977
10,977

Other creditors
1,655
2,201

Accruals and deferred income
2,274
2,274

81,710
54,960


Page 6

 
TRUCK TECH (NE) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
15,500
25,500

Net obligations under finance leases and hire purchase contracts
13,721
24,697

29,221
50,197



10.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2024
2023
£
£


Within one year
10,977
10,977

Between 1-5 years
13,721
24,697

24,698
35,674

 
Page 7