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REGISTERED NUMBER: 12812477 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Total Escalators Limited

Total Escalators Limited (Registered number: 12812477)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Total Escalators Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: G R Nelson
W L Charlton
W L Charlton





REGISTERED OFFICE: Unit 8, Steeton Grove
Steeton
KEIGHLEY
West Yorkshire
BD20 6TT





REGISTERED NUMBER: 12812477 (England and Wales)





ACCOUNTANTS: Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS

Total Escalators Limited (Registered number: 12812477)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £   
FIXED ASSETS
Tangible assets 5 77,911 73,476

CURRENT ASSETS
Debtors 6 555,926 217,190
Cash at bank 108,414 54,568
664,340 271,758
CREDITORS
Amounts falling due within one year 7 (414,262 ) (167,174 )
NET CURRENT ASSETS 250,078 104,584
TOTAL ASSETS LESS CURRENT
LIABILITIES

327,989

178,060

CREDITORS
Amounts falling due after more than one
year

8

(38,992

)

(47,760

)

PROVISIONS FOR LIABILITIES 9 (19,434 ) (18,316 )
NET ASSETS 269,563 111,984

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 269,463 111,884
SHAREHOLDERS' FUNDS 269,563 111,984

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 Statement of Income and Retained Earnings has not been delivered.

Total Escalators Limited (Registered number: 12812477)

Statement of Financial Position - continued
31 August 2024



The financial statements were approved by the Board of Directors and authorised for issue on 2 May 2025 and were signed on its behalf by:




G R Nelson - Director



W L Charlton - Director


Total Escalators Limited (Registered number: 12812477)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Total Escalators Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the amounts received or receivable for goods and services provided to customers, excluding VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 10 ) .

Total Escalators Limited (Registered number: 12812477)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 4,374 590 121,502 474 126,940
Additions 13,307 1,240 12,995 1,593 29,135
At 31 August 2024 17,681 1,830 134,497 2,067 156,075
DEPRECIATION
At 1 September 2023 1,094 89 52,131 150 53,464
Charge for year 3,318 274 20,592 516 24,700
At 31 August 2024 4,412 363 72,723 666 78,164
NET BOOK VALUE
At 31 August 2024 13,269 1,467 61,774 1,401 77,911
At 31 August 2023 3,280 501 69,371 324 73,476

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 536,742 176,914
Other debtors 16,946 39,230
Prepayments 2,238 1,046
555,926 217,190

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 19,009 18,570
Trade creditors 252,004 29,556
Tax 66,068 21,173
Social security and other taxes 26,469 66,220
VAT 45,998 27,886
Directors' current accounts 1,173 1,174
Accrued expenses 3,541 2,595
414,262 167,174

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Hire purchase contracts 38,992 47,760

9. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax 19,434 18,316

Total Escalators Limited (Registered number: 12812477)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2023 18,316
Provided during year 1,118
Balance at 31 August 2024 19,434

10. ULTIMATE CONTROLLING PARTY

The controlling party is G R Nelson.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Total Escalators Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Total Escalators Limited for the year ended 31 August 2024 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Total Escalators Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Total Escalators Limited and state those matters that we have agreed to state to the Board of Directors of Total Escalators Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Total Escalators Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Total Escalators Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Total Escalators Limited. You consider that Total Escalators Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Total Escalators Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stirk Lambert & Co
Chartered Accountants
Russell Chambers
61a North Street
Keighley
West Yorkshire
BD21 3DS


2 May 2025