05318672falsesports turf care suppliers2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2025-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05318672
INDEPENDENT TURFKARE SOLUTIONS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
Prepared By:
FIELDING ACCOUNTANTS LIMITED
ACCOUNTANTS
73 BANKSIDE LANE
BACUP
LANCASHIRE
OL13 8HP
INDEPENDENT TURFKARE SOLUTIONS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
DIRECTORS
TP Kvedaras
REGISTERED OFFICE
73 Bankside Lane
Bacup
Lancashire
OL13 8HP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05318672
ACCOUNTANTS
FIELDING ACCOUNTANTS LIMITED
ACCOUNTANTS
73 BANKSIDE LANE
BACUP
LANCASHIRE
OL13 8HP
INDEPENDENT TURFKARE SOLUTIONS LIMITED
ACCOUNTS
FOR THEYEARENDED31/03/2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
INDEPENDENT TURFKARE SOLUTIONS LIMITED
BALANCE SHEET AT 31/03/2025
20252024
Notes££
FIXED ASSETS
Tangible assets33,6512,921
CURRENT ASSETS
Stock103,58065,569
Debtors5269,600126,419
Cash at bank and in hand266,598256,060
639,778448,048
CREDITORS: Amounts falling due within one year6399,365253,737
NET CURRENT ASSETS240,413194,311
TOTAL ASSETS LESS CURRENT LIABILITIES244,064197,232
CAPITAL AND RESERVES
Called up share capital711
Profit and loss account244,063197,231
SHAREHOLDERS' FUNDS244,064197,232
For the year ending 31/03/2025 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 20/08/2025 and signed on their behalf by
.............................
TP Kvedaras
Director
INDEPENDENT TURFKARE SOLUTIONS LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentstraight line 33.33%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20252024
No.No.
Average number of employees33
INDEPENDENT TURFKARE SOLUTIONS LIMITED
3. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/04/202418,01618,016
Additions3,5583,558
At 31/03/202521,57421,574
Depreciation
At 01/04/202415,09515,095
For the year2,8282,828
At 31/03/202517,92317,923
Net Book Amounts
At 31/03/20253,6513,651
At 31/03/20242,9212,921
4. STOCK 20252024
££
Stock comprises:
Stock103,58065,569
103,58065,569
5. DEBTORS 20252024
££
Amounts falling due within one year
Trade debtors269,600126,419
269,600126,419
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Corporation tax41,80640,260
VAT10,4184,359
PAYE creditor1,2811,051
Directors current account138,473109,927
Trade creditors153,08740,866
Accruals54,30057,274
399,365253,737
INDEPENDENT TURFKARE SOLUTIONS LIMITED
7. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
1 Class 1 shares of £1 each11
11