REGISTERED NUMBER: 05830907 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Totally247 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs H Adams

D Lazarus

REGISTERED OFFICE:

3 Bramhall Place

Storey's Bar Road

Peterborough

Cambridgeshire

PE1 5YS

REGISTERED NUMBER:

05830907 (England and Wales)

ACCOUNTANTS:

Hills Accountants Limited

Greenhill House

First Floor East Wing

Thorpe Road

Peterborough

Cambridgeshire

PE3 6RU

FIXED ASSETS

Tangible assets

4

183,283

180,267

CURRENT ASSETS

Debtors

5

353,021

414,891

Cash at bank

810,326

493,361

1,163,347

908,252

CREDITORS

Amounts falling due within one year

6

407,596

316,083

NET CURRENT ASSETS

755,751

592,169

TOTAL ASSETS LESS CURRENT LIABILITIES

939,034

772,436

CREDITORS

Amounts falling due after more than one year

7

(566,072

)

(521,065

)

PROVISIONS FOR LIABILITIES

(10,579

)

(3,594

)

NET ASSETS

362,383

247,777

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

362,283

247,677

SHAREHOLDERS' FUNDS

362,383

247,777

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 29 September 2025 and were signed on its behalf by:

Mrs H Adams - Director

1.	STATUTORY INFORMATION

Totally247 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on cost

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 65 (2023 - 60 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

448,829

Additions

23,268

At 31 December 2024

472,097

DEPRECIATION

At 1 January 2024

268,562

Charge for year

20,252

At 31 December 2024

288,814

NET BOOK VALUE

At 31 December 2024

183,283

At 31 December 2023

180,267

5.

DEBTORS

31.12.24

31.12.23

£

£

Amounts falling due within one year:

Trade debtors

96,667

60,451

Other debtors

256,354

219,043

353,021

279,494

Amounts falling due after more than one year:

Amounts owed by group undertakings

-

135,397

Aggregate amounts

353,021

414,891

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

30,240

30,240

Trade creditors

45,119

34,671

Taxation and social security

210,448

148,219

Other creditors

121,789

102,953

407,596

316,083

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

12,500

42,500

Amounts owed to group undertakings

553,572

478,565

566,072

521,065