T&A Projects Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12462218

T&A Projects Limited

Filleted Unaudited Financial Statements

31 March 2026

T&A Projects Limited

Statement of Financial Position

31 March 2026

	2026	2025
Note	£	£

Fixed assets

Tangible assets	5	11,997	1,733

Current assets

Stocks		10,125	8,750
Debtors	6	66,280	49,201
Cash at bank and in hand		32,033	17,622
		---------	--------
		108,438	75,573

Creditors: amounts falling due within one year	7	97,558	51,231
		---------	--------
Net current assets		10,880	24,342
		--------	--------
Total assets less current liabilities		22,877	26,075

Creditors: amounts falling due after more than one year	8	–	1,288
		--------	--------
Net assets		22,877	24,787
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	22,777	24,687
	--------	--------
Shareholders funds	22,877	24,787
	--------	--------

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 year ending 31 March 2026 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 year 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 2026

These financial statements were approved by the board of directors and authorised for issue on 10 August 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

Year ended 31 March 2026

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.

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.

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.

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 year amounted to 1 (2025: 2 ).

5. Tangible assets

	Plant and machinery	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 April 2025	5,791	6,222	1,674	13,687
Additions	–	16,044	799	16,843
Disposals	( 5,586)	–	( 1,674)	( 7,260)
	-------	--------	-------	--------
At 31 March 2026	205	22,266	799	23,270
	-------	--------	-------	--------
Depreciation
At 1 April 2025	5,646	5,394	914	11,954
Charge for the year	51	5,568	200	5,819
Disposals	( 5,586)	–	( 914)	( 6,500)
	-------	--------	-------	--------
At 31 March 2026	111	10,962	200	11,273
	-------	--------	-------	--------
Carrying amount
At 31 March 2026	94	11,304	599	11,997
	-------	--------	-------	--------
At 31 March 2025	145	828	760	1,733
	-------	--------	-------	--------

6. Debtors

	2026	2025
	£	£
Trade debtors	60,967	47,385
Other debtors	5,313	1,816
	--------	--------
	66,280	49,201
	--------	--------

7. Creditors: amounts falling due within one year

	2026	2025
	£	£
Bank loans and overdrafts	1,782	10,948
Trade creditors	16,740	13,574
Amounts owed to group undertakings and undertakings in which the company has a participating interest	16,090	–
Corporation tax	20,222	4,072
Social security and other taxes	–	3,621
Other creditors	42,724	19,016
	--------	--------
	97,558	51,231
	--------	--------

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

	2026	2025
	£	£
Bank loans and overdrafts	–	1,288
	----	-------

9. Operating leases

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

	2026	2025
	£	£
Not later than 1 year	17,933	17,933
Later than 1 year and not later than 5 years	13,430	31,363
	--------	--------
	31,363	49,296
	--------	--------

10. Director's advances, credits and guarantees

At the balance sheet date the director had a directors loan account balance owed to him of £10,815 (2024: £924), the loan is interest free.