Company Registration No. 09061259 (England and Wales)
Telehandler Engineers Limited
Unaudited accounts
for the year ended 30 September 2024
Telehandler Engineers Limited
Unaudited accounts
Contents
Telehandler Engineers Limited
Company Information
for the year ended 30 September 2024
Directors
John Edward Greenwood
Charlotte Bradley
Company Number
09061259 (England and Wales)
Registered Office
Roundabout Farm
Spital Road
Staxton
Scarborough
YO12 4NW
England
Accountants
Wright Pottage Limited
Europa House
20 Esplanade
Scarborough
North Yorkshire
YO11 2AQ
Telehandler Engineers Limited
Statement of financial position
as at 30 September 2024
Tangible assets
136,335
160,236
Debtors
3,261,972
2,739,964
Cash at bank and in hand
213,632
291,786
Creditors: amounts falling due within one year
(1,292,845)
(1,199,366)
Net current assets
2,262,759
1,912,384
Net assets
2,399,094
2,072,620
Called up share capital
100
100
Profit and loss account
2,398,994
2,072,520
Shareholders' funds
2,399,094
2,072,620
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by
John Edward Greenwood
Director
Company Registration No. 09061259
Telehandler Engineers Limited
Notes to the Accounts
for the year ended 30 September 2024
Telehandler Engineers Limited is a private company, limited by shares, registered in England and Wales, registration number 09061259. The registered office is Roundabout Farm, Spital Road, Staxton, Scarborough, YO12 4NW, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% on reducing balance
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Telehandler Engineers Limited
Notes to the Accounts
for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
-
489,000
-
489,000
Additions
6,614
-
4,246
10,860
At 30 September 2024
6,614
489,000
4,246
499,860
At 1 October 2023
-
328,764
-
328,764
Charge for the year
1,653
32,047
1,061
34,761
At 30 September 2024
1,653
360,811
1,061
363,525
At 30 September 2024
4,961
128,189
3,185
136,335
At 30 September 2023
-
160,236
-
160,236
Amounts falling due within one year
Trade debtors
66,624
147,353
Amounts due from group undertakings etc.
3,187,720
2,585,839
Deferred tax asset
4,985
4,287
Accrued income and prepayments
2,643
2,485
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
72,989
57,875
Amounts owed to group undertakings and other participating interests
1,064,462
1,053,965
Taxes and social security
115,655
56,940
Other creditors
2,266
2,179
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 4 (2023: 10).