Contents of the Financial Statements

for the Period Ended 31 December 2018

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2018

The directors present their report with the financial statements of the company for the period ended 31 December 2018

Directors

The director shown below has held office during the whole of the period from
1 October 2017 to 31 December 2018

Kevin Aherne

The director shown below has held office during the period of
15 May 2018 to 31 December 2018

David Michael Evans

The directors shown below have held office during the period of
13 October 2017 to 31 December 2018

Alan Richard Williams
T P Directors Limited
Anthony Buffin

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
21 April 2020

And signed on behalf of the board by:
Name: Alan Richard Williams
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2018

	15 months to 31 December 2018	2017
	£	£
Turnover:	7,455,000	5,312,000
Cost of sales:	( 5,071,000 )	( 3,598,000 )
Gross profit(or loss):	2,384,000	1,714,000
Distribution costs:	( 419,000 )	( 290,000 )
Administrative expenses:	( 1,264,000 )	( 899,000 )
Other operating income:	0	0
Operating profit(or loss):	701,000	525,000
Interest receivable and similar income:	0	0
Interest payable and similar charges:	( 49,000 )	( 3,000 )
Profit(or loss) before tax:	652,000	522,000
Tax:	( 125,000 )	( 104,000 )
Profit(or loss) for the financial year:	527,000	418,000

Balance sheet

As at 31 December 2018

	Notes	15 months to 31 December 2018	2017
		£	£
Called up share capital not paid:		0	0
Fixed assets
Intangible assets:		0	0
Tangible assets:	3	26,000	19,000
Investments:		0	0
Total fixed assets:		26,000	19,000
Current assets
Stocks:	4	502,000	413,000
Debtors:	5	871,000	1,073,000
Cash at bank and in hand:		764,100	88,100
Investments:		0	0
Total current assets:		2,137,100	1,574,100
Prepayments and accrued income:		0	0
Creditors: amounts falling due within one year:	6	( 644,000 )	( 601,000 )
Net current assets (liabilities):		1,493,100	973,100
Total assets less current liabilities:		1,519,100	992,100
Creditors: amounts falling due after more than one year:		0	0
Provision for liabilities:		0	0
Accruals and deferred income:		0	0
Total net assets (liabilities):		1,519,100	992,100
Capital and reserves
Called up share capital:		100	100
Share premium account:		0	0
Other reserves:		47,000	47,000
Profit and loss account:		1,472,000	945,000
Total Shareholders' funds:		1,519,100	992,100

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2018 the company was entitled to exemption 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2018

• 1. Accounting policies

  Basis of measurement and preparation

  Company law requires the Directors to prepare financial statements for each financial year. Under that law the Directors have elected to prepare the financial statements in accordance with UK accounting standards and applicable law (UK Generally Accepted Accounting Practice) including FRS 102 The Financial Reporting standard applicable in the UK and Republic of Ireland.

  Tangible fixed assets depreciation policy

  Tangible fixed assets is stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible fixed assets includes directly attributable incremental costs incurred in their acquisition and installation.Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:Asset class Depreciation rateFixtures and fittings 25% on a straight line basisMotor vehicles 25% on a straight line basisPlant and equipment 25% on a straight line basis

Notes to the Financial Statements

for the Period Ended 31 December 2018

• 2. Employees

  	15 months to 31 December 2018	2017
  Average number of employees during the period	19	18