REGISTERED NUMBER: 08282748 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2024

for

Total Ability Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A B Goodall

REGISTERED OFFICE:

Noble House

Eaton Road

Hemel Hempstead

Hertfordshire

HP2 7UB

REGISTERED NUMBER:

08282748 (England and Wales)

ACCOUNTANTS:

Pace Accountants

Noble House

Eaton Road

Hemel Hempstead

Hertfordshire

HP2 7UB

FIXED ASSETS

Tangible assets

4

2,380

3,570

CURRENT ASSETS

Debtors

5

20,979

40,653

Cash at bank

1,425

677

22,404

41,330

CREDITORS

Amounts falling due within one year

6

25,043

20,167

NET CURRENT (LIABILITIES)/ASSETS

(2,639

)

21,163

TOTAL ASSETS LESS CURRENT LIABILITIES

(259

)

24,733

CREDITORS

Amounts falling due after more than one year

7

1,675

5,104

NET (LIABILITIES)/ASSETS

(1,934

)

19,629

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(2,034

)

19,529

(1,934

)

19,629

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 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 4 December 2025 and were signed by:

A B Goodall - Director

1.	STATUTORY INFORMATION

Total Ability 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 the cost less estimated residual value of each asset over its estimated useful life.

Motor vehicles

-

20% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Motor

vehicles

£

COST

At 1 December 2023

and 30 November 2024

5,950

DEPRECIATION

At 1 December 2023

2,380

Charge for year

1,190

At 30 November 2024

3,570

NET BOOK VALUE

At 30 November 2024

2,380

At 30 November 2023

3,570

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Directors' loan accounts

20,979

40,653

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans and overdrafts

3,621

3,621

Trade creditors

1

359

Tax

18,566

13,477

Social security and other taxes

451

418

Other creditors

1,164

1,092

Accrued expenses

1,240

1,200

25,043

20,167

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.24

30.11.23

£

£

Bank loans - 1-2 years

1,675

5,104

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2024 and 30 November 2023:

30.11.24

30.11.23

£

£

A B Goodall

Balance outstanding at start of year

40,653

21,028

Amounts advanced

28,198

35,202

Amounts repaid

(47,872

)

(15,577

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,979

40,653