Company Registration No. 06950880 (England and Wales)
Tiverton & Taunton Flooring Limited
Unaudited accounts
for the year ended 30 June 2022
Tiverton & Taunton Flooring Limited
Unaudited accounts
Contents
Tiverton & Taunton Flooring Limited
Company Information
for the year ended 30 June 2022
Company Number
06950880 (England and Wales)
Registered Office
39 BAMPTON STREET
TIVERTON
DEVON
EX16 6AH
Accountants
Monksilver GP Ltd
The Old Schoolhouse
Monksilver
Taunton
Somerset
TA4 4HY
Tiverton & Taunton Flooring Limited
Statement of financial position
as at
30 June 2022
Tangible assets
17,325
21,128
Inventories
39,000
36,000
Cash at bank and in hand
217,966
246,829
Creditors: amounts falling due within one year
(108,917)
(168,934)
Net current assets
264,335
269,888
Net assets
281,660
291,016
Called up share capital
1
1
Profit and loss account
281,659
291,015
Shareholders' funds
281,660
291,016
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 16 March 2022 and were signed on its behalf by
Mr Hal White
Director
Company Registration No. 06950880
Tiverton & Taunton Flooring Limited
Notes to the Accounts
for the year ended 30 June 2022
Tiverton & Taunton Flooring Limited is a private company, limited by shares, registered in England and Wales, registration number 06950880. The registered office is 39 BAMPTON STREET, TIVERTON, DEVON, EX16 6AH.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
18% Reducing
Motor vehicles
18% Reducing
Fixtures & fittings
18% Reducing
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2021
41,223
79,889
2,951
124,063
At 30 June 2022
41,223
79,889
2,951
124,063
At 1 July 2021
36,563
63,667
2,705
102,935
Charge for the year
839
2,920
44
3,803
At 30 June 2022
37,402
66,587
2,749
106,738
At 30 June 2022
3,821
13,302
202
17,325
At 30 June 2021
4,660
16,222
246
21,128
Tiverton & Taunton Flooring Limited
Notes to the Accounts
for the year ended 30 June 2022
Amounts falling due within one year
Trade debtors
36,286
61,935
Other debtors
80,000
80,000
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
39,784
50,000
Obligations under finance leases and hire purchase contracts
874
3,079
Trade creditors
76,922
48,796
Taxes and social security
9,025
38,224
Loans from directors
4,063
4,063
7
Average number of employees
During the year the average number of employees was 2 (2021: 1).