Tawco Limited - Accounts to registrar (filleted) - small 22.3

Tawco Limited - Accounts to registrar (filleted) - small 22.3

TAWCO LIMITED - Company Information

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REGISTERED NUMBER: 12867390 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

TAWCO LIMITED
Prime
Chartered Accountants
161 Newhall Street
Birmingham
B3 1SW








TAWCO LIMITED (REGISTERED NUMBER: 12867390)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TAWCO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTORS: T D Wedgwood
Mrs A R Wedgwood





REGISTERED OFFICE: Hollington Hall
Rectory Road
Hollington
Stoke on Trent
ST10 4HH





REGISTERED NUMBER: 12867390 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
161 Newhall Street
Birmingham
B3 1SW
Page 1
TAWCO LIMITED (REGISTERED NUMBER: 12867390)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Investments 4 - 20
Investment property 5 301,575 -
301,575 20

CURRENT ASSETS
Debtors 6 317,400 200,100
Investments 7 20,542,196 -
Cash at bank 1,177,887 2,222,500
22,037,483 2,422,600
CREDITORS
Amounts falling due within one year 8 20,007,227 59,420
NET CURRENT ASSETS 2,030,256 2,363,180
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,331,831
2,363,200

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 2,331,711 2,363,080
2,331,831 2,363,200

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The notes form part of these financial statements

Page 2 continued...
TAWCO LIMITED (REGISTERED NUMBER: 12867390)

BALANCE SHEET - continued
31 MARCH 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2023 and were signed on its behalf by:





T D Wedgwood - Director


The notes form part of these financial statements

Page 3
TAWCO LIMITED (REGISTERED NUMBER: 12867390)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022


1. STATUTORY INFORMATION

Tawco Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Dividends received
Dividends are recognised when they become legally payable. Interim dividends are recognised when paid. Final dividends are recognised when approved by the shareholders at an annual general meeting.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

Page 4 continued...
TAWCO LIMITED (REGISTERED NUMBER: 12867390)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022


4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2021 20
Disposals (20 )
At 31 March 2022 -
NET BOOK VALUE
At 31 March 2022 -
At 31 March 2021 20

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 301,575
At 31 March 2022 301,575
NET BOOK VALUE
At 31 March 2022 301,575

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 317,400 200,100

7. CURRENT ASSET INVESTMENTS
2022 2021
£    £   
Listed investments 20,542,196 -

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security 3,227 -
Other creditors 20,004,000 59,420
20,007,227 59,420

Page 5