| REGISTERED NUMBER: |
| Financial Statements for the Period 1 April 2024 to 31 December 2024 |
| for |
| TPP (COVENTRY) LIMITED |
| REGISTERED NUMBER: |
| Financial Statements for the Period 1 April 2024 to 31 December 2024 |
| for |
| TPP (COVENTRY) LIMITED |
| TPP (COVENTRY) LIMITED (REGISTERED NUMBER: 06734872) |
| Contents of the Financial Statements |
| for the Period 1 April 2024 to 31 December 2024 |
| Page |
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
| TPP (COVENTRY) LIMITED (REGISTERED NUMBER: 06734872) |
| Balance Sheet |
| 31 December 2024 |
| 31.12.24 | 31.3.24 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| TPP (COVENTRY) LIMITED (REGISTERED NUMBER: 06734872) |
| Notes to the Financial Statements |
| for the Period 1 April 2024 to 31 December 2024 |
| 1. | STATUTORY INFORMATION |
| TPP (Coventry) Limited is a |
| Registered number: |
| Registered office: |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company's year end has been changed to 31 December and therefore, these financial statements cover a period of 9 months. As a result, the comparative period, year ended 31 March 2024, will not be entirely comparable. |
| Related party exemption |
| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
| Significant judgements and estimates |
| The preparation of the financial statements in conformity with generally accepted accounting principles requires the Directors to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results in the future could differ from those estimates. Management considers that certain accounting assumptions relating to taxation and provisions are its critical accounting policies. |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Turnover is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred in respect of the transaction can be measured reliably. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| TPP (COVENTRY) LIMITED (REGISTERED NUMBER: 06734872) |
| Notes to the Financial Statements - continued |
| for the Period 1 April 2024 to 31 December 2024 |
| 2. | ACCOUNTING POLICIES - continued |
| Taxation |
| Taxation for the period 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 balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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. |
| Going concern |
| The company has continued to prepare the financial statements on a going concern basis and deem this appropriate. The directors do not consider that a material uncertainty about the going concern status currently exists. The parent company will continue to support this company for a period of no less than 12 months from the date of these financial statements. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was NIL (2024 - NIL). |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 April 2024 |
| Additions |
| At 31 December 2024 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for period |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 March 2024 |
| TPP (COVENTRY) LIMITED (REGISTERED NUMBER: 06734872) |
| Notes to the Financial Statements - continued |
| for the Period 1 April 2024 to 31 December 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.3.24 |
| £ | £ |
| Trade debtors |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.12.24 | 31.3.24 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Taxation and social security |
| Other creditors |
| 7. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
| The Report of the Auditors was unqualified. |
| for and on behalf of |
| 8. | ULTIMATE CONTROLLING PARTY |
| The ultimate parent company is Stairways (Holdings) Limited, incorporated in England & Wales, which is the parent of the smallest and largest group preparing consolidated financial statements that include the company.The registered office is Southam Drive, Southam, Warwickshire, CV47 0FA |