Technical Display Consortium Limited
|
Registered Number
:
04101722
|
For the year ended 30 November 2021
England and Wales
Unaudited Financial Statements
For the year ended 30 November 2021
Technical Display Consortium Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Technical Display Consortium Limited
Statement of Financial Position
2020
2021
Property
,
plant and equipment
|
59,277
76,968
2
59,277
76,968
103,217
206,109
3
Trade and other receivables
|
130,779
480,655
4
39,888
Cash and cash equivalents
|
173,699
860,463
273,884
Trade and other payables
:
amounts falling due within one year
|
(174,910)
(644,957)
5
98,974
215,506
Net current assets
Total assets less current liabilities
|
274,783
175,942
Trade and other payables
:
amounts falling due after more than one year
|
(74,431)
(58,180)
6
216,603
Net assets
101,511
110
110
216,493
101,401
216,603
101,511
Shareholders' funds
For the year ended 30 November 2021 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 of its financial statements for the year ended 30 November 2021 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
Mr Michael Hackett Director
|
These financial statements were approved and authorised for issue by the Board on 22 November 2022 and were signed by:
|
The notes form part of these financial statements
|
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For the year ended 30 November 2021
Technical Display Consortium Limited
Notes to the Financial Statements
Statutory Information
Technical Display Consortium Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration number
|
04101722
.
|
Valley House
3 Whiting Street
Sheffield
S8 9QR
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial Reporting Standard
102
'
The
|
Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the Companies Act
2006
.
The financial statements have
|
been prepared under the historical costs convention as modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Plant and machinery
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 30 November 2021
Technical Display Consortium Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
148,015
-
57,099
90,916
3,567
3,567
-
-
-
(7,000)
-
(7,000)
90,916
50,099
3,567
144,582
Provision for depreciation and impairment
|
71,047
-
9,160
61,887
Charge for year
18,458
892
11,760
5,806
(4,200)
-
(4,200)
-
85,305
892
16,720
67,693
23,223
33,379
2,675
59,277
29,029
47,939
-
76,968
2020
2021
206,109
103,217
4
.
Trade and other receivables
|
2020
2021
480,655
130,779
5
.
Trade and other payables
:
amounts falling due within one year
|
2020
2021
20,552
28,655
486,277
46,255
Taxation and social security
|
127,453
91,369
10,675
8,631
644,957
174,910
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For the year ended 30 November 2021
Technical Display Consortium Limited
Notes to the Financial Statements Continued
6
.
Trade and other payables
:
amounts falling due after more than one year
|
2020
2021
34,671
40,247
23,509
34,184
58,180
74,431
7
.
Average number of persons employed
|
During the year the average number of employees was 6 (2020 : 6)
4 of 4