Company Registration No. 11188547 (England and Wales)
T & L Banks Ltd
Unaudited accounts
for the year ended 31 March 2025
T & L Banks Ltd
Unaudited accounts
Contents
T & L Banks Ltd
Company Information
for the year ended 31 March 2025
Company Number
11188547 (England and Wales)
Registered Office
3 Barnfield
Capel St Mary
Ipswich
IP9 2UL
Accountants
Aldertons Accountants
Oak House
2 Woodward Close
Ipswich
Suffolk
IP2 0EA
T & L Banks Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
31,359
37,983
Cash at bank and in hand
5,772
11,254
Creditors: amounts falling due within one year
(58,996)
(150,246)
Net current (liabilities)/assets
(24,495)
2,166
Total assets less current liabilities
6,864
40,149
Creditors: amounts falling due after more than one year
(3,355)
(5,538)
Called up share capital
10
10
Profit and loss account
3,499
34,601
Shareholders' funds
3,509
34,611
For the year ending 31 March 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by
L Banks
Director
Company Registration No. 11188547
T & L Banks Ltd
Notes to the Accounts
for the year ended 31 March 2025
T & L Banks Ltd is a private company, limited by shares, registered in England and Wales, registration number 11188547. The registered office is 3 Barnfield, Capel St Mary, Ipswich, IP9 2UL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
59,649
9,500
551
69,700
At 31 March 2025
59,649
17,000
551
77,200
At 1 April 2024
23,860
7,125
732
31,717
Charge for the year
11,930
2,375
(181)
14,124
At 31 March 2025
35,790
9,500
551
45,841
At 31 March 2025
23,859
7,500
-
31,359
At 31 March 2024
35,789
2,375
(181)
37,983
T & L Banks Ltd
Notes to the Accounts
for the year ended 31 March 2025
Amounts falling due within one year
Trade debtors
18,207
2,648
Accrued income and prepayments
2,287
4,078
6
Creditors: amounts falling due within one year
2025
2024
Trade creditors
14,088
68,630
Taxes and social security
3,974
7,045
Loans from directors
28,291
71,500
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).