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Company Registration No. 10963876 (England and Wales)
Tried & True Too Limited Unaudited accounts for the year ended 30 September 2024
Tried & True Too Limited Unaudited accounts Contents
Page
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Tried & True Too Limited Company Information for the year ended 30 September 2024
Directors
Robert Ashton Kelly Amanda-Jayne Doherty
Company Number
10963876 (England and Wales)
Registered Office
2 Grayham Road New Malden Surrey KT3 5HR United Kingdom
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Tried & True Too Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
114,854 
57,136 
Current assets
Debtors
19,897 
10,683 
Cash at bank and in hand
1,592 
4,659 
21,489 
15,342 
Creditors: amounts falling due within one year
(151,003)
(83,366)
Net current liabilities
(129,514)
(68,024)
Total assets less current liabilities
(14,660)
(10,888)
Creditors: amounts falling due after more than one year
(37,902)
- 
Net liabilities
(52,562)
(10,888)
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(62,562)
(20,888)
Shareholders' funds
(52,562)
(10,888)
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 27 June 2025 and were signed on its behalf by
Robert Ashton Kelly Director Company Registration No. 10963876
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Tried & True Too Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Tried & True Too Limited is a private company, limited by shares, registered in England and Wales, registration number 10963876. The registered office is 2 Grayham Road, New Malden, Surrey, KT3 5HR, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20% - Straight line
Fixtures & fittings
10% - Straight line
Going concern
The company's financial statements are prepared on a going concern basis on the grounds that current and future sources of funding or support from the director will be continued to be received.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Tried & True Too Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
9,383 
49,578 
58,961 
Additions
71,014 
9,124 
80,138 
At 30 September 2024
80,397 
58,702 
139,099 
Depreciation
At 1 October 2023
586 
1,239 
1,825 
Charge for the year
16,549 
5,871 
22,420 
At 30 September 2024
17,135 
7,110 
24,245 
Net book value
At 30 September 2024
63,262 
51,592 
114,854 
At 30 September 2023
8,797 
48,339 
57,136 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
13,870 
- 
Trade debtors
277 
- 
Other debtors
- 
4,933 
14,147 
4,933 
Amounts falling due after more than one year
Other debtors
5,750 
5,750 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,281 
- 
Obligations under finance leases and hire purchase contracts
11,969 
- 
Amounts owed to group undertakings and other participating interests
110,686 
82,766 
Taxes and social security
5,963 
- 
Loans from directors
15,904 
- 
Accruals
2,200 
600 
151,003 
83,366 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
37,902 
- 
8
Average number of employees
During the year the average number of employees was 7 (2023: 1).
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