TLP CONSULTANCY LIMITED

TLP CONSULTANCY LIMITED

TLP CONSULTANCY LIMITED - Company Information

Print Friendly Version

TLP CONSULTANCY LIMITED

Company Registration Number:
03161509 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

TLP CONSULTANCY LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Notes

TLP CONSULTANCY LIMITED

Balance sheet

As at 30 April 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 2,786 3,857
Total fixed assets: 2,786 3,857
Current assets
Debtors:   4,011,002 3,388,873
Cash at bank and in hand: 98,395 174,995
Total current assets: 4,109,397 3,563,868
Creditors: amounts falling due within one year:   (3,739,649) (3,208,895)
Net current assets (liabilities): 369,748 354,973
Total assets less current liabilities: 372,534 358,830
Creditors: amounts falling due after more than one year:   (33,894) (42,901)
Total net assets (liabilities): 338,640 315,929
Capital and reserves
Called up share capital: 105 105
Profit and loss account: 338,535 315,824
Shareholders funds: 338,640 315,929

The notes form part of these financial statements

TLP CONSULTANCY LIMITED

Balance sheet statements

For the year ending 30 April 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 January 2024
and signed on behalf of the board by:

Name: N E Poland
Status: Director

The notes form part of these financial statements

TLP CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.Any tangible assets carried at revalued amounts are recorded at the fair value at the date of the revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of the asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.DepreciationDepreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful life of that asset as follows:Improvements 10% straight linePlant and machinery 33% straight lineFittings Fixtures & Equipment 15% straight lineMotor vehicles 25% straight lineIf there is an indication that there has been a significant change in the depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.ImpairmentA review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying amount exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that include the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Other accounting policies

Controlling party The company is a wholly owned subsidiary of Tillbrook Poland Limited.

TLP CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

2. Employees

2023 2022
Average number of employees during the period 8 7

TLP CONSULTANCY LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible Assets

Total
Cost £
At 01 May 2022 76,466
Additions 1,205
At 30 April 2023 77,671
Depreciation
At 01 May 2022 72,609
Charge for year 2,276
At 30 April 2023 74,885
Net book value
At 30 April 2023 2,786
At 30 April 2022 3,857