Toutes Directions Limited,Ltd - AccountsLtd - Accounts
Toutes Directions Limited,Ltd - AccountsLtd - Accounts
| Registered Number:05389942 |
For the year ended 31 March 2019
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2019
Toutes Directions Limited
Contents Page
1
Statement of Financial Position
2 to 6
Notes to the Financial Statements
3
| As at |
Toutes Directions Limited
Statement of Financial Position
| Registered Number : |
| £ |
| £ |
2018
2019
| Notes |
| Fixed assets |
| Property, plant and equipment |
2
| Current assets |
| Trade and other receivables |
3
| Cash and cash equivalents |
| Trade and other payables: amounts falling due within one |
| year |
(363,125 )
(489,728 )
4
34,863
Net current assets
| Total assets less current liabilities |
| Trade and other payables: amounts falling due after more |
| than one year |
(374,155 )
(408,310 )
5
(88,700 )
(73,200 )
| Provisions for liabilities |
Net assets
| Capital and reserves |
| Called up share capital |
| Retained earnings |
Shareholders' funds
| 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. |
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4
For the year ended 31 March 2019
Toutes Directions Limited
Statement of Financial Position Continued
| These financial statements were approved and authorised for issue by the Board on |
| The notes form part of these financial statements |
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5
For the year ended 31 March 2019
Toutes Directions Limited
Notes to the Financial Statements
Statutory Information
| Toutes Directions Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 05389942. |
| Registered address: |
5 Brampton Road
Sheffield
S9 2PA
| The presentation currency is £ sterling. |
| 1. Accounting policies |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A 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
Property, plant and equipment
Commercial vehicles
Plant and Machinery
Motor vehicles
Fixtures and fittings
Inventories
Deferred tax
Hire purchase and leasing commitments
Debtors and creditors due within one year
| Debtors and creditors with no stated interest rate, which are due within one year, are stated at the transaction |
| price. Any loss arising from impairment is recognised in the statement of comprehensive income with |
| administrative expenses. |
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6
For the year ended 31 March 2019
Toutes Directions Limited
Notes to the Financial Statements Continued
Impairment
| At each balance sheet date, assets are reviewed to determine whether there is any indication that any of the |
| individual assets have suffered an impairment. If such indication exists, the recoverable amount of the asset, or |
| the assets cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount |
| exceeds its recoverable amount, an impairment loss is recgonised in the statement of comprehensive income. |
Taxation
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to |
| the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the balance sheet date. |
| 2. Property, plant and equipment |
| Total |
| Plant and |
| Machinery |
| Fixtures and |
| fittings |
| Commercial |
| vehicles |
| Land & |
| buildings |
| £ |
| £ |
| £ |
| £ |
| £ |
| Cost or |
| valuation |
| At 01 April 2018 |
| Additions |
(32,750 )
| Disposals |
(32,750 )
| At 31 March 2019 |
| Provision for depreciation and impairment |
| At 01 April 2018 |
Charge for year
(17,658 )
(17,658 )
| On disposal |
| At 31 March 2019 |
| At 31 March 2019 |
| Net book value |
| At 31 March 2018 |
| The net book value of Commercial Vehicles includes £327,507 in respect of assets under finance leases or hire |
| purchase contracts. |
| The depreciation charge for the year includes £62,737 in respect of assets under finance leases or hire purchase |
| contracts. |
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7
For the year ended 31 March 2019
Toutes Directions Limited
Notes to the Financial Statements Continued
| 3. Trade and other receivables |
2018
2019
| £ |
| £ |
| Trade debtors |
| Other debtors |
| 4. Trade and other payables: amounts falling due within one year |
2018
2019
| £ |
| £ |
| Bank loans and overdraft |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 5. Trade and other payables: amounts falling due after more than one year |
2018
2019
| £ |
| £ |
| Bank loans and overdraft |
| Other creditors |
| 6. Guarantees and other financial commitments |
| Guarantees and contingent assets and liabilities |
| Hire purchase finance is secured on the assets for which the finance has been provided. |
| The Bank Loan is secured on the land and buildings for which the finance has been provided. |
| Lease commitments |
| At 31 March 2019 the company had annual commitments under non-cancellable operating leases as set out |
| below: |
2018
| £ |
2019
| £ |
| Operating leases which expire: |
| Within 2 to 5 years |
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8
For the year ended 31 March 2019
Toutes Directions Limited
Notes to the Financial Statements Continued
| 7. Average number of persons employed |
During the year the average number of employees was 21 (Previous year 15)
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