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COMPANY REGISTRATION NUMBER: 12462218

T&A Projects Limited

Filleted Unaudited Financial Statements

31 March 2025

T&A Projects Limited

Statement of Financial Position

31 March 2025

| 31 Mar 25 | 29 Feb 24
Note | £ | £

Fixed assets

Tangible assets | 5 | 1,733 | 2,820

Current assets

Stocks | 8,750 | 12,000
Debtors | 6 | 49,201 | 79,275
Cash at bank and in hand | 17,622 | 17,557
| -------- | ---------
| 75,573 | 108,832

Creditors: amounts falling due within one year | 7 | 51,231 | 67,763
| -------- | ---------
Net current assets | 24,342 | 41,069
| -------- | --------
Total assets less current liabilities | 26,075 | 43,889

Creditors: amounts falling due after more than one year | 8 | 1,288 | 13,099
| -------- | --------
Net assets | 24,787 | 30,790
| -------- | --------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | 24,687 | 30,690
| -------- | --------
Shareholders funds | 24,787 | 30,790
| -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

T&A Projects Limited

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 14 January 2026 , and are signed on behalf of the board by:

Mr A Denovellis |
Director |

Company registration number: 12462218

T&A Projects Limited

Notes to the Financial Statements

Period from 1 March 2024 to 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 80 Nottingham Road, Arnold, Nottingham, NG5 6LF.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 25% straight line
| Motor vehicles | - | 33% reducing balance
| Equipment | - | 25% straight line

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Government grants
Government grants are recognised at the fair value of the asset received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received. Government grants are recognised using the accrual model and the performance model. Under the accrual model, government grants relating to revenue are recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs are recognised in income in the period in which it becomes receivable. Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income and not deducted from the carrying amount of the asset. Under the performance model, where the grant does not impose specified future performance-related conditions on the recipient, it is recognised in income when the grant proceeds are received or receivable. Where the grant does impose specified future performance-related conditions on the recipient, it is recognised in income only when the performance-related conditions have been met. Where grants received are prior to satisfying the revenue recognition criteria, they are recognised as a liability.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 2 (2024: 6 ).
5. Tangible assets

| Plant and machinery | Motor vehicles | Equipment | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 March 2024 | 5,791 | 7,222 | 1,674 | 14,687
Disposals | – | ( 1,000) | – | ( 1,000)
| ------- | ------- | ------- | --------
At 31 March 2025 | 5,791 | 6,222 | 1,674 | 13,687
| ------- | ------- | ------- | --------
Depreciation |  |  |  |
At 1 March 2024 | 5,464 | 5,788 | 615 | 11,867
Charge for the period | 182 | 408 | 299 | 889
Disposals | – | ( 802) | – | ( 802)
| ------- | ------- | ------- | --------
At 31 March 2025 | 5,646 | 5,394 | 914 | 11,954
| ------- | ------- | ------- | --------
Carrying amount |  |  |  |
At 31 March 2025 | 145 | 828 | 760 | 1,733
| ------- | ------- | ------- | --------
At 29 February 2024 | 327 | 1,434 | 1,059 | 2,820
| ------- | ------- | ------- | --------

6. Debtors

| 31 Mar 25 | 29 Feb 24
| £ | £
Trade debtors | 47,385 | 73,848
Other debtors | 1,816 | 5,427
| -------- | --------
| 49,201 | 79,275
| -------- | --------

7. Creditors: amounts falling due within one year

| 31 Mar 25 | 29 Feb 24
| £ | £
Bank loans and overdrafts | 10,948 | 10,183
Trade creditors | 13,574 | 19,270
Corporation tax | 4,072 | 32,588
Social security and other taxes | 3,621 | 878
Other creditors | 19,016 | 4,844
| -------- | --------
| 51,231 | 67,763
| -------- | --------

8. Creditors: amounts falling due after more than one year

| 31 Mar 25 | 29 Feb 24
| £ | £
Bank loans and overdrafts | 1,288 | 13,099
| ------- | --------

9. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 31 Mar 25 | 29 Feb 24
| £ | £
Not later than 1 year | 17,933 | 17,933
Later than 1 year and not later than 5 years | 31,363 | 49,295
| -------- | --------
| 49,296 | 67,228
| -------- | --------

10. Director's advances, credits and guarantees
At the balance sheet date the director had a directors loan account balance owed to him of £274 (2024: £924), the loan is interest free.