Company Registration No. 11655655 (England and Wales)
Trandaspeed Ltd
Unaudited accounts
for the year ended 30 November 2024
Trandaspeed Ltd
Unaudited accounts
Contents
Trandaspeed Ltd
Company Information
for the year ended 30 November 2024
Company Number
11655655 (England and Wales)
Registered Office
Unit 21
Cadle Pool Farm
The Ridgeway
Stratford-upon-Avon
Warwickshire
CV37 9RE
England
Trandaspeed Ltd
Statement of financial position
as at 30 November 2024
Intangible assets
(1,838)
969
Tangible assets
42,866
34,920
Cash at bank and in hand
34,755
38,053
Creditors: amounts falling due within one year
(51,088)
(39,960)
Net current assets
5,433
5,032
Total assets less current liabilities
46,461
40,921
Creditors: amounts falling due after more than one year
(5,190)
(9,514)
Called up share capital
2
2
Profit and loss account
41,269
31,405
Shareholders' funds
41,271
31,407
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 15 April 2025 and were signed on its behalf by
Peter Tranda
Director
Company Registration No. 11655655
Trandaspeed Ltd
Notes to the Accounts
for the year ended 30 November 2024
Trandaspeed Ltd is a private company, limited by shares, registered in England and Wales, registration number 11655655. The registered office is Unit 21, Cadle Pool Farm, The Ridgeway, Stratford-upon-Avon, Warwickshire, CV37 9RE, 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.
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
Intangible fixed assets (including development costs are included at cost less accumulated amortisation.
Amortisation is at 33.33% per annum
4
Intangible fixed assets
Other
At 30 November 2024
30,343
At 30 November 2024
32,181
At 30 November 2024
(1,838)
Relates to development costs of products and services
Trandaspeed Ltd
Notes to the Accounts
for the year ended 30 November 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2023
110,571
-
110,571
Additions
21,637
14,150
35,787
At 30 November 2024
132,208
14,150
146,358
At 1 December 2023
75,651
-
75,651
Charge for the year
26,441
1,400
27,841
At 30 November 2024
102,092
1,400
103,492
At 30 November 2024
30,116
12,750
42,866
At 30 November 2023
34,920
-
34,920
Amounts falling due within one year
Trade debtors
12,873
4,102
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,550
3,550
Taxes and social security
28,783
23,414
Other creditors
1,052
1,512
Loans from directors
967
676
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).