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Company Registration No. 13055895 (England and Wales)
TBC Electrical LTD Unaudited accounts for the year ended 31 December 2024
TBC Electrical LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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TBC Electrical LTD Company Information for the year ended 31 December 2024
Director
Lee Brown
Company Number
13055895 (England and Wales)
Registered Office
48 Downsview Crescent Uckfield East Sussex TN22 1SA
Accountants
RDM Accountancy Services Ltd Freedom Works The Palace Workspace 1-3 Robertson Street Hastings East Sussex TN34 1HN
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TBC Electrical LTD Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,840 
6,454 
Current assets
Debtors
5
16,355 
18,057 
Cash at bank and in hand
1,426 
1,347 
17,781 
19,404 
Creditors: amounts falling due within one year
6
(7,959)
(8,649)
Net current assets
9,822 
10,755 
Total assets less current liabilities
14,662 
17,209 
Provisions for liabilities
Deferred tax
(920)
(1,226)
Net assets
13,742 
15,983 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
13,741 
15,982 
Shareholders' funds
13,742 
15,983 
For the year ending 31 December 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 29 September 2025 and were signed on its behalf by
Lee Brown Director Company Registration No. 13055895
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TBC Electrical LTD Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
TBC Electrical LTD is a private company, limited by shares, registered in England and Wales, registration number 13055895. The registered office is 48 Downsview Crescent, Uckfield, East Sussex, TN22 1SA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25% Reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets are only included in the accounts when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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TBC Electrical LTD Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2024
15,300 
At 31 December 2024
15,300 
Depreciation
At 1 January 2024
8,846 
Charge for the year
1,614 
At 31 December 2024
10,460 
Net book value
At 31 December 2024
4,840 
At 31 December 2023
6,454 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
16,355 
18,057 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
7,053 
7,788 
Loans from directors
31 
161 
Accruals
875 
700 
7,959 
8,649 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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