REGISTERED NUMBER: 06537462 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Tranter Lowe (Oakengates) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Poole

J Tranter

SECRETARY:

A J Poole

REGISTERED OFFICE:

International House

6 Market Street

Oakengates

Telford

Shropshire

TF2

6EF

REGISTERED NUMBER:

06537462 (England and Wales)

ACCOUNTANTS:

Tranter Lowe (Oakengates) Limited

Chartered Accountants

International House

6 Market Street

Oakengates

Telford

Shropshire

TF2 6EF

FIXED ASSETS

Intangible assets

4

80,356

107,138

Tangible assets

5

4,258

3,951

84,614

111,089

CURRENT ASSETS

Stocks

15,253

15,951

Debtors

6

100,258

71,140

Cash at bank and in hand

59,223

111,679

174,734

198,770

CREDITORS

Amounts falling due within one year

7

244,747

256,821

NET CURRENT LIABILITIES

(70,013

)

(58,051

)

TOTAL ASSETS LESS CURRENT LIABILITIES

14,601

53,038

PROVISIONS FOR LIABILITIES

767

920

NET ASSETS

13,834

52,118

CAPITAL AND RESERVES

Called up share capital

8

107

107

Retained earnings

13,727

52,011

SHAREHOLDERS' FUNDS

13,834

52,118

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 December 2025 and were signed on its behalf by:

A J Poole - Director

1.	STATUTORY INFORMATION

Tranter Lowe (Oakengates) Ltd 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

50% 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 Statement of Income and Retained Earnings, 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.

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 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

535,650

AMORTISATION

At 1 April 2024

428,512

Charge for year

26,782

At 31 March 2025

455,294

NET BOOK VALUE

At 31 March 2025

80,356

At 31 March 2024

107,138

5.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Computer

equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

1,092

500

11,023

12,615

Additions

-

-

2,357

2,357

Disposals

-

-

(3,617

)

(3,617

)

At 31 March 2025

1,092

500

9,763

11,355

DEPRECIATION

At 1 April 2024

1,069

463

7,132

8,664

Charge for year

7

5

1,946

1,958

Eliminated on disposal

-

-

(3,525

)

(3,525

)

At 31 March 2025

1,076

468

5,553

7,097

NET BOOK VALUE

At 31 March 2025

16

32

4,210

4,258

At 31 March 2024

23

37

3,891

3,951

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

52,503

40,779

Directors' current accounts

4,037

3,099

Prepayments

43,718

27,262

100,258

71,140

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

40,068

17,834

Tax

6,354

18,027

Social security and other taxes

5,166

5,109

VAT

18,554

26,119

Other creditors

27,274

38,212

Directors' current accounts

146,477

149,453

Accrued expenses

854

2,067

244,747

256,821

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary "A" Shares

£1

100

100

1

Ordinary "B" Shares

£1

1

1

1

Ordinary "C" Shares

£1

1

1

1

Ordinary "D" Shares

£1

1

1

1

Ordinary "E" Shares

£1

1

1

1

Ordinary "F" Shares

£1

1

1

1

Ordinary "G" Shares

£1

1

1

1

Ordinary "H" Shares

£1

1

1

107

107

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

A J Poole

Balance outstanding at start of year

149,453

140,712

Amounts advanced

8,660

10,935

Amounts repaid

(11,636

)

(2,194

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

146,477

149,453

J Tranter

Balance outstanding at start of year

(3,099

)

40

Amounts advanced

3,100

-

Amounts repaid

(4,038

)

(3,139

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(4,037

)

(3,099

)