REGISTERED NUMBER: 07341981 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Total Improvements Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W M Bursell

REGISTERED OFFICE:

16a Church Street

Sutton-On-Hull

Hull

East Yorkshire

HU7 4TT

REGISTERED NUMBER:

07341981 (England and Wales)

ACCOUNTANTS:

C. Hart & Company (Hull) Limited

74 Kenilworth Avenue

Hull

HU5 4BH

FIXED ASSETS

Tangible assets

4

127,932

116,161

Investment property

5

76,110

76,110

204,042

192,271

CURRENT ASSETS

Stocks

3,205

1,050

Debtors

6

20,787

34,588

Cash at bank and in hand

72,305

74,726

96,297

110,364

CREDITORS

Amounts falling due within one year

7

36,793

42,990

NET CURRENT ASSETS

59,504

67,374

TOTAL ASSETS LESS CURRENT LIABILITIES

263,546

259,645

CREDITORS

Amounts falling due after more than one year

8

(38,590

)

(39,818

)

PROVISIONS FOR LIABILITIES

(25,226

)

(23,131

)

NET ASSETS

199,730

196,696

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

199,729

196,695

199,730

196,696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 3 October 2025 and were signed by:

W M Bursell - Director

1.	STATUTORY INFORMATION

Total Improvements 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 reducing balance and 20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

46,429

179,308

225,737

Additions

13,738

64,250

77,988

Disposals

-

(45,600

)

(45,600

)

At 31 March 2025

60,167

197,958

258,125

DEPRECIATION

At 1 April 2024

29,013

80,563

109,576

Charge for year

6,231

34,336

40,567

Eliminated on disposal

-

(19,950

)

(19,950

)

At 31 March 2025

35,244

94,949

130,193

NET BOOK VALUE

At 31 March 2025

24,923

103,009

127,932

At 31 March 2024

17,416

98,745

116,161

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

76,110

NET BOOK VALUE

At 31 March 2025

76,110

At 31 March 2024

76,110

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

20,787

34,588

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

1,293

1,314

Trade creditors

18,301

18,304

Tax

10,903

21,139

Social security and other taxes

528

-

VAT

3,768

233

Accrued expenses

2,000

2,000

36,793

42,990

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans - 1-2 years

1,432

1,455

Bank loans - 2-5 years

37,158

38,363

38,590

39,818

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

39,883

41,132

A first charge is registered on the property at 12 Dansom Lane, Hull, HU8 7LB together with a fixed floating charge over the assets of the company on a loan made by Aldermore Bank plc.