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
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
Tried & True Too Limited
Statement of financial position
as at 30 September 2024
Tangible assets
114,854
57,136
Cash at bank and in hand
1,592
4,659
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)
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
Tried & True Too Limited
Notes to the Accounts
for the year ended 30 September 2024
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.
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.
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
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.
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.
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
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
At 30 September 2024
63,262
51,592
114,854
At 30 September 2023
8,797
48,339
57,136
Amounts falling due within one year
Amounts falling due after more than one year
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
-
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).