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REGISTERED NUMBER: 01297041 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Transflo Instruments Limited

Transflo Instruments Limited (Registered number: 01297041)






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


Transflo Instruments Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: S Plumbly
R Manning





REGISTERED OFFICE: Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW





REGISTERED NUMBER: 01297041 (England and Wales)





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

Transflo Instruments Limited (Registered number: 01297041)

Statement of Financial Position
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 2,373 3,164
Property, plant and equipment 5 74,492 65,134
76,865 68,298

CURRENT ASSETS
Inventories 6 5,000 5,000
Debtors 7 98,896 263,044
Cash at bank 208,753 163,882
312,649 431,926
CREDITORS
Amounts falling due within one year 8 90,919 141,513
NET CURRENT ASSETS 221,730 290,413
TOTAL ASSETS LESS CURRENT
LIABILITIES

298,595

358,711

CREDITORS
Amounts falling due after more than one
year

9

(19,935

)

(32,103

)

PROVISIONS FOR LIABILITIES 10 (14,153 ) (12,375 )
NET ASSETS 264,507 314,233

CAPITAL AND RESERVES
Called up share capital 11 1,000 1,000
Retained earnings 12 263,507 313,233
SHAREHOLDERS' FUNDS 264,507 314,233

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.

Transflo Instruments Limited (Registered number: 01297041)

Statement of Financial Position - continued
31 August 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 May 2025 and were signed on its behalf by:





S Plumbly - Director


Transflo Instruments Limited (Registered number: 01297041)

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

1. STATUTORY INFORMATION

Transflo Instruments 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. ACCOUNTING POLICIES

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

Significant judgements and estimates
There are no significant judgements or estimates pertaining to these accounts.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Transflo Instruments Limited (Registered number: 01297041)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Functional currency
The company's functional currency is £ Sterling.

Financial instruments
Financial instruments including bank and cash balances are disclosed at fair value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 September 2023
and 31 August 2024 138,539
AMORTISATION
At 1 September 2023 135,375
Amortisation for year 791
At 31 August 2024 136,166
NET BOOK VALUE
At 31 August 2024 2,373
At 31 August 2023 3,164

5. PROPERTY, PLANT AND EQUIPMENT
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 September 2023 152,711 18,599 171,310
Additions 26,995 7,552 34,547
Disposals (40,018 ) - (40,018 )
At 31 August 2024 139,688 26,151 165,839
DEPRECIATION
At 1 September 2023 96,304 9,872 106,176
Charge for year 20,761 4,070 24,831
Eliminated on disposal (39,660 ) - (39,660 )
At 31 August 2024 77,405 13,942 91,347
NET BOOK VALUE
At 31 August 2024 62,283 12,209 74,492
At 31 August 2023 56,407 8,727 65,134

Transflo Instruments Limited (Registered number: 01297041)

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

5. PROPERTY, PLANT AND EQUIPMENT - continued

Included in fixed assets are motor vehicles which are financed under hire purchase contracts and bank loans. The net book value of these assets at the balance sheet date was £32,103.28 and the finance outstanding at that date was £32,917.

6. INVENTORIES
2024 2023
£    £   
Stocks 5,000 5,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 96,646 263,044
Other debtors 2,250 -
98,896 263,044

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 13,836 16,825
Trade creditors 6,055 19,309
Tax 22,944 60,140
VAT 29,309 35,180
Other creditors 1,827 1,798
Shareholders loan 628 1,416
Accrued expenses 16,320 6,845
90,919 141,513

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 19,935 32,103

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 14,153 12,375

Deferred
tax
£   
Balance at 1 September 2023 12,375
Charge to Income Statement during year 1,778
Balance at 31 August 2024 14,153

Transflo Instruments Limited (Registered number: 01297041)

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

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary £1 1,000 1,000

12. RESERVES
Retained
earnings
£   

At 1 September 2023 313,233
Profit for the year 86,274
Dividends (136,000 )
At 31 August 2024 263,507