TOTAL PROJECT SOLUTIONS LTD


Directors	S Love
	K Wotton


Registered Address	Unit H8, Boscombe Business Park Severn Road
	Hallen
	Bristol
	BS10 7SB


Registered Number	07658430 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		110,629		87,060
			110,629		87,060
Current assets
Stocks	4	79,028		22,452
Debtors	5	496,401		276,365
Cash at bank and on hand		93,610		78,300
		669,039		377,117
Creditors amounts falling due within one year	6	(392,759)		(217,927)
Net current assets (liabilities)			276,280		159,190
Total assets less current liabilities			386,909		246,250
Creditors amounts falling due after one year	7		(79,618)		(62,993)
Provisions for liabilities	9		(8,934)		(5,538)
Accruals and deferred income			(5,139)		(2,763)
Net assets			293,218		174,956
Capital and reserves
Called up share capital			2		2
Profit and loss account			293,216		174,954
Shareholders' funds			293,218		174,956

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2025, and are signed on its behalf by:

K Wotton
Director
Registered Company No. 07658430

TOTAL PROJECT SOLUTIONS LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Operating leases
	Where, substantially, all the risks and rewards of ownership of the asset do not transfer from the lessor to the company, the lease is treated as an operating lease. Rentals payable under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

	Defined contribution pension plan
	The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

Defined contribution pension plan

The company operates a defined contribution pension plan for the benefit of its employees. Contributions are recognised as expenses as they become payable. Differences between contributions payable in the year and those actually paid are recognised as either prepayments or accruals in the balance sheet. The assets of the defined contribution pension scheme are held separately from those of the company in an independently administered fund.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost or valuation less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows: Motor Vehicles - 30% reducing balance Fixtures and Fittings - 20% straight line Office Equipment - 25% straight line

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost or valuation less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Motor Vehicles - 30% reducing balance
Fixtures and Fittings - 20% straight line
Office Equipment - 25% straight line

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	21		5

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 April 24	9,171	117,838	3,722	2,593	133,324
Additions	-	65,500	1,793	1,315	68,608
At 31 March 25	9,171	183,338	5,515	3,908	201,932
Depreciation and impairment
At 01 April 24	1,097	43,185	936	1,046	46,264
Charge for year	914	42,046	1,103	976	45,039
At 31 March 25	2,011	85,231	2,039	2,022	91,303
Net book value
At 31 March 25	7,160	98,107	3,476	1,886	110,629
At 31 March 24	8,074	74,653	2,786	1,547	87,060

4.	Stocks

	2025	2024
	£	£
Work in progress	69,028	17,452
Other stocks	10,000	5,000
Total	79,028	22,452

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	285,680	109,853
Other debtors	188,008	154,008
Prepayments and accrued income	22,713	12,504
Total	496,401	276,365

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	146,190	71,514
Bank borrowings and overdrafts	12,219	10,919
Taxation and social security	208,387	99,153
Finance lease and HP contracts	17,296	10,050
Other creditors	8,667	26,291
Total	392,759	217,927

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	1,667	11,667
Other creditors	77,951	51,326
Total	79,618	62,993

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	95,247		61,377

9.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	8,934	5,538
Total	8,934	5,538