REGISTERED NUMBER: 01576325 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Teesdale Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C N Platts

Mrs C D Platts

Mrs V F C Jackson

SECRETARY:

C N Platts

REGISTERED OFFICE:

15 Northumberland Street

Darlington

Co. Durham

DL3 7HJ

REGISTERED NUMBER:

01576325 (England and Wales)

SOLICITORS:

Meikles

38 Horsemarket

Barnard Castle

County Durham

DL12 8NA

FIXED ASSETS

Intangible assets

4

105,000

105,000

Tangible assets

5

5,115

5,894

110,115

110,894

CURRENT ASSETS

Stocks

6,643

6,806

Debtors

6

13,521

18,739

Cash at bank and in hand

32,339

6,980

52,503

32,525

CREDITORS

Amounts falling due within one year

7

(28,274

)

(19,421

)

NET CURRENT ASSETS

24,229

13,104

TOTAL ASSETS LESS CURRENT LIABILITIES

134,344

123,998

CAPITAL AND RESERVES

Called up share capital

8

100

100

Revaluation reserve

9

84,400

84,400

Retained earnings

9

49,844

39,498

SHAREHOLDERS' FUNDS

134,344

123,998

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 4 September 2025 and were signed on its behalf by:

C N Platts - Director

1.	STATUTORY INFORMATION

Teesdale Consultants Limited 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 represents the amounts (excluding value added tax) derived from the provision of services to third party customers during the year.

Goodwill

It is the view of the directors that to show goodwill purely on the basis of purchased cost would not be to disclose with reasonable accuracy the financial position of the company.

In the opinion of the directors, and for similar reasons to those above, the company does not amortise goodwill until there is evidence of diminution in its value.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc

-

20% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, where it is deemed to be material.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 3 (2023 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

105,000

NET BOOK VALUE

At 31 December 2024

105,000

At 31 December 2023

105,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

30,213

Additions

500

At 31 December 2024

30,713

DEPRECIATION

At 1 January 2024

24,319

Charge for year

1,279

At 31 December 2024

25,598

NET BOOK VALUE

At 31 December 2024

5,115

At 31 December 2023

5,894

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

12,691

17,235

Other debtors

830

1,504

13,521

18,739

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

4,966

3,006

Taxation and social security

20,356

14,015

Other creditors

2,952

2,400

28,274

19,421

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

Revaluation

earnings

reserve

Totals

£

£

£

At 1 January 2024

39,498

84,400

123,898

Profit for the year

37,346

37,346

Dividends

(27,000

)

(27,000

)

At 31 December 2024

49,844

84,400

134,244