Company registration number: 02303495
Annual report and unaudited financial statements
for the year ended 31 October 2025
for
Torlane Services Limited
Pages for filing with the Registrar
Company registration number: 02303495
Torlane Services Limited
Balance sheet
as at 31 October 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 287,613 340,330
287,613 340,330
Current assets
Stocks 250,000 207,500
Debtors 5 763,206 718,391
Prepayments and accrued income 1,896 1,896
Cash at bank and in hand 240,244 324,963
1,255,346 1,252,750
Creditors: amounts falling due within one year
6 (819,264) (795,289)
Net current assets 436,082 457,461
Total assets less current liabilities 723,695 797,791
NET ASSETS 723,695 797,791
Capital and reserves
Called up share capital 2 2
Profit and loss account 723,693 797,789
TOTAL EQUITY 723,695 797,791
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 October 2025.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 02303495
Torlane Services Limited
Balance sheet - continued
as at 31 October 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 31 October 2026 and signed on its behalf by:
Mr O Smith, Director
31 October 2026
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Torlane Services Limited
Notes to the financial statements
for the year ended 31 October 2025
1 Company information
Torlane Services Limited is a private company registered in England and Wales. Its registered number is 02303495. The company is limited by shares. Its registered office is Eckington Business Centre, 62 Market Street, Sheffield, South Yorkshire, S21 4JH. Its principal place of business is Bessemer Park, Unit 1, Rotherham, South Yorkshire, S60 1EN.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and Equipment - 15% reducing balance
Office Equipment - 15% reducing balance
Motor Vehicles - 7.5% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
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Torlane Services Limited
Notes to the financial statements - continued
for the year ended 31 October 2025
3 Average number of employees
During the year the average number of employees was 30 (2024 - 32).
4 Tangible fixed assets
Plant and machinery etc.

£
Cost
At 1 November 2024 822,072
Additions 12,401
Disposals (5,500)
At 31 October 2025 828,973
Depreciation
At 1 November 2024 481,742
Charge for year 59,618
At 31 October 2025 541,360
Net book value
At 31 October 2025 287,613
At 31 October 2024 340,330
5 Debtors
2025 2024
£ £
Trade debtors 706,310 685,292
Taxation 23,797 -
Prepayments and accrued income 33,099 33,099
763,206 718,391
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Torlane Services Limited
Notes to the financial statements - continued
for the year ended 31 October 2025
6 Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 437,698 372,732
Amounts owed to directors 286,453 286,453
Other creditors 25 (8,770)
VAT payable 95,088 86,874
Social security and other tax - 58,000
819,264 795,289
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