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REGISTERED NUMBER: 10123837 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

TPS EXPORT LTD

TPS EXPORT LTD (REGISTERED NUMBER: 10123837)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TPS EXPORT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: J Millais
S G Greening





REGISTERED OFFICE: Unit 2
Mayes Lane Business Park
Warnham
Horsham
West Sussex
RH12 3ZF





REGISTERED NUMBER: 10123837 (England and Wales)





ACCOUNTANTS: Galloways Accounting Limited
15 West Street
Brighton
East Sussex
BN1 2RL

TPS EXPORT LTD (REGISTERED NUMBER: 10123837)

BALANCE SHEET
31 DECEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 474 711

CURRENT ASSETS
Stocks 42,589 44,394
Debtors 5 57,754 23,505
Cash at bank 47,590 146,757
147,933 214,656
CREDITORS
Amounts falling due within one year 6 143,722 211,956
NET CURRENT ASSETS 4,211 2,700
TOTAL ASSETS LESS CURRENT LIABILITIES 4,685 3,411

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,585 3,311
4,685 3,411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 21 May 2025 and were signed on its behalf by:




J Millais - Director



S G Greening - Director


TPS EXPORT LTD (REGISTERED NUMBER: 10123837)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024


1. STATUTORY INFORMATION

TPS Export Ltd 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 33% on reducing balance

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

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 January 2024
and 31 December 2024 3,500 267 2,469 6,236
DEPRECIATION
At 1 January 2024 3,500 267 1,758 5,525
Charge for year - - 237 237
At 31 December 2024 3,500 267 1,995 5,762
NET BOOK VALUE
At 31 December 2024 - - 474 474
At 31 December 2023 - - 711 711

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 53,054 21,582
Other debtors 4,700 -
VAT - 1,923
57,754 23,505

TPS EXPORT LTD (REGISTERED NUMBER: 10123837)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Payments on account 19,415 114,716
Trade creditors 41,772 21,870
Tax 72,281 73,932
Social security and other taxes 6,823 -
Other creditors 2,093 -
Directors' current accounts 63 63
Accrued expenses 1,275 1,375
143,722 211,956

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 23,500 -
Between one and five years 109,667 -
133,167 -