Company Registration No. 05830657 (England and Wales)
J T TANK & FORECOURT INSTALLATIONS LIMITED
Unaudited accounts
for the year ended 31 May 2024
J T TANK & FORECOURT INSTALLATIONS LIMITED
Unaudited accounts
Contents
J T TANK & FORECOURT INSTALLATIONS LIMITED
Company Information
for the year ended 31 May 2024
Director
Jason Elliott Tolliday
Company Number
05830657 (England and Wales)
Registered Office
SPRINGHILL CLEOBURY ROAD
FAR FOREST
KIDDERMINSTER
DY14 9TE
ENGLAND
J T TANK & FORECOURT INSTALLATIONS LIMITED
Statement of financial position
as at 31 May 2024
Tangible assets
344,166
316,910
Cash at bank and in hand
974,894
288,132
Creditors: amounts falling due within one year
(342,900)
(62,019)
Net current assets
872,709
246,993
Total assets less current liabilities
1,216,875
563,903
Creditors: amounts falling due after more than one year
(43,677)
(78,386)
Net assets
1,173,198
485,517
Called up share capital
1
1
Profit and loss account
1,173,197
485,516
Shareholders' funds
1,173,198
485,517
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 10 January 2025 and were signed on its behalf by
Jason Elliott Tolliday
Director
Company Registration No. 05830657
J T TANK & FORECOURT INSTALLATIONS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
J T TANK & FORECOURT INSTALLATIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05830657. The registered office is SPRINGHILL CLEOBURY ROAD, FAR FOREST, KIDDERMINSTER, DY14 9TE, ENGLAND.
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
25% Straight Line
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2023
3,094
575,114
280
4,030
582,518
Additions
-
177,866
542
-
178,408
Disposals
-
(41,205)
-
-
(41,205)
At 31 May 2024
3,094
711,775
822
4,030
719,721
At 1 June 2023
3,094
258,204
280
4,030
265,608
Charge for the year
-
133,909
74
-
133,983
On disposals
-
(24,036)
-
-
(24,036)
At 31 May 2024
3,094
368,077
354
4,030
375,555
At 31 May 2024
-
343,698
468
-
344,166
At 31 May 2023
-
316,910
-
-
316,910
J T TANK & FORECOURT INSTALLATIONS LIMITED
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
6,897
6,897
Taxes and social security
391,076
57,089
Other creditors
(61,166)
(12,640)
Loans from directors
3,337
7,917
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
43,677
78,386
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 20 (2023: 19).