Company Registration No. 12979658 (England and Wales)
Tan Lab Plymouth Ltd
Unaudited accounts
for the year ended 31 October 2024
Tan Lab Plymouth Ltd
Statement of financial position
as at 31 October 2024
Tangible assets
21,605
27,007
Cash at bank and in hand
-
8
Creditors: amounts falling due within one year
(21,142)
(19,410)
Net current liabilities
(20,986)
(19,246)
Total assets less current liabilities
619
7,761
Provisions for liabilities
Deferred tax
(5,401)
(5,131)
Net (liabilities)/assets
(4,782)
2,630
Called up share capital
100
100
Profit and loss account
(4,882)
2,530
Shareholders' funds
(4,782)
2,630
For the year ending 31 October 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 21 July 2025 and were signed on its behalf by
Adam Short
Director
Company Registration No. 12979658
Tan Lab Plymouth Ltd
Notes to the Accounts
for the year ended 31 October 2024
Tan Lab Plymouth Ltd is a private company, limited by shares, registered in England and Wales, registration number 12979658. The registered office is 434 Crownhill Road, Plymouth, Devon, PL5 2QS, 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.
These financial statements for the year ended 31 October 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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% Reducing Balance
Motor vehicles
20% Reducing Balance
Computer equipment
20% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
22,520
21,000
137
43,657
At 31 October 2024
22,520
21,000
137
43,657
At 1 November 2023
6,347
10,248
55
16,650
Charge for the year
3,235
2,150
17
5,402
At 31 October 2024
9,582
12,398
72
22,052
At 31 October 2024
12,938
8,602
65
21,605
At 31 October 2023
16,173
10,752
82
27,007
Tan Lab Plymouth Ltd
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,682
1,567
Loans from directors
18,999
17,183
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).