Company Registration No. 02647317 (England and Wales)
Transhaven Limited
Unaudited accounts
for the year ended 31 December 2022
Transhaven Limited
Statement of financial position
as at 31 December 2022
Tangible assets
40,334
56,802
Cash at bank and in hand
14,881
70,960
Creditors: amounts falling due within one year
(21,128)
(23,813)
Net current assets
1,256
54,744
Total assets less current liabilities
41,590
111,546
Creditors: amounts falling due after more than one year
-
(28,909)
Called up share capital
50
50
Capital redemption reserve
50
50
Profit and loss account
41,490
82,537
Shareholders' funds
41,590
82,637
For the year ending 31 December 2022 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 September 2023 and were signed on its behalf by
David Brash
Director
Company Registration No. 02647317
Transhaven Limited
Notes to the Accounts
for the year ended 31 December 2022
Transhaven Limited is a private company, limited by shares, registered in England and Wales, registration number 02647317. The registered office is 39-40 Kelper, Lichfield Road Industrial Estate, Tamworth, Staffordshire, B79 7XE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 December 2022 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% written down value
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2022
188,247
5,275
193,522
Disposals
(71,503)
(5,275)
(76,778)
At 31 December 2022
116,744
-
116,744
At 1 January 2022
132,019
4,701
136,720
Charge for the year
7,357
-
7,357
On disposals
(62,966)
(4,701)
(67,667)
At 31 December 2022
76,410
-
76,410
At 31 December 2022
40,334
-
40,334
At 31 December 2021
56,228
574
56,802
Transhaven Limited
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
3,666
Trade creditors
17,519
1,994
Taxes and social security
1,087
10,065
Other creditors
2,522
1,737
Loans from directors
-
1,412
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).