REGISTERED NUMBER: 05711217 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Totally Taped Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Purcell

D Bradshaw

REGISTERED OFFICE:

6 Meadowhead

Sheffield

S8 7UD

REGISTERED NUMBER:

05711217 (England and Wales)

ACCOUNTANTS:

A&MPG Limited

6 Meadowhead

Sheffield

South Yorkshire

S8 7UD

FIXED ASSETS

Tangible assets

4

39,930

53,241

CURRENT ASSETS

Stocks

-

28,329

Debtors

5

24,970

28,975

Prepayments and accrued income

2,229

3,062

Cash at bank and in hand

23,063

51,323

50,262

111,689

CREDITORS

Amounts falling due within one year

6

37,430

62,373

NET CURRENT ASSETS

12,832

49,316

TOTAL ASSETS LESS CURRENT LIABILITIES

52,762

102,557

CREDITORS

Amounts falling due after more than one year

7

(15,657

)

(28,053

)

PROVISIONS FOR LIABILITIES

(7,587

)

-

NET ASSETS

29,518

74,504

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

29,418

74,404

29,518

74,504

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 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 22 October 2025 and were signed on its behalf by:

D Purcell - Director

1.	STATUTORY INFORMATION

Totally Taped 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

2,585

7,772

68,500

78,857

DEPRECIATION

At 1 April 2024

2,022

6,468

17,126

25,616

Charge for year

141

326

12,844

13,311

At 31 March 2025

2,163

6,794

29,970

38,927

NET BOOK VALUE

At 31 March 2025

422

978

38,530

39,930

At 31 March 2024

563

1,304

51,374

53,241

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

22,246

26,344

Other debtors

2,724

2,631

24,970

28,975

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

5,324

5,324

Hire purchase contracts

9,143

9,143

Trade creditors

629

8,155

Taxation and social security

17,386

33,976

Other creditors

4,948

5,775

37,430

62,373

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

2,592

7,592

Hire purchase contracts

13,065

20,461

15,657

28,053