| Tessalate Limited |
| Notes to the Accounts |
| for the year ended 30 September 2024 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. |
|
|
Turnover |
|
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Computer Equipment |
20% reducing balance |
|
Motor Vehicles |
25% reducing balance |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
| 2 |
Employees |
2024 |
|
2023 |
| Number |
Number |
|
|
Average number of persons employed by the company |
- |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 October 2023 |
64,154 |
|
46,598 |
|
110,752 |
|
At 30 September 2024 |
64,154 |
|
46,598 |
|
110,752 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2023 |
56,949 |
|
42,884 |
|
99,833 |
|
Charge for the year |
1,801 |
|
928 |
|
2,729 |
|
At 30 September 2024 |
58,750 |
|
43,812 |
|
102,562 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2024 |
5,404 |
|
2,786 |
|
8,190 |
|
At 30 September 2023 |
7,205 |
|
3,714 |
|
10,919 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
| £ |
£ |
|
|
Other taxes and social security costs |
49,735 |
|
49,815 |
|
Other creditors |
65,443 |
|
51,885 |
|
|
|
|
|
|
115,178 |
|
101,700 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Other information |
|
|
Tessalate Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
156 Russell Drive |
|
Wollaton |
|
Nottingham |
|
NG8 2BE |