TPP Services Limited - Accounts to registrar - small 17.1

REGISTERED NUMBER: 05392378 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

FOR

TPP SERVICES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

to

4

Chartered Accountants' Report

5

DIRECTORS:

C T R Swan

J Bentley

SECRETARY:

C T R Swan

REGISTERED OFFICE:

68a Neal Street

Covent Garden

London

WC2H 9PA

REGISTERED NUMBER:

05392378 (England and Wales)

ACCOUNTANTS:

Lawford Business Services Ltd

Chartered Accountants

The Old Station

Moor Lane

Staines-upon-Thames

Middlesex

TW18 4BB

CURRENT ASSETS

Debtors

3

31,384

29,858

Cash at bank

11,284

6,306

42,668

36,164

CREDITORS

Amounts falling due within one year

4

38,710

34,509

NET CURRENT ASSETS

3,958

1,655

TOTAL ASSETS LESS CURRENT LIABILITIES

3,958

1,655

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,956

1,653

SHAREHOLDERS' FUNDS

3,958

1,655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

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 on 7 December 2017 and were signed on its behalf by:

C T R Swan - Director

1.	STATUTORY INFORMATION

TPP Services 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" 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 cost convention.

The transition date to FRS 102 was 1 April 2015. No transitional adjustments were required

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 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.

Leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

-

1,550

Other debtors

6,330

5,464

Prepayments and accrued income

25,054

22,844

31,384

29,858

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

1,909

-

Tax

272

-

VAT

9,171

8,965

Accruals and deferred income

27,358

25,544

38,710

34,509

5.	LEASE COMMITMENTS

At 31 March 2017, the company had total commitments under non-cancellable operating leases over the

remaining life of those leases of £287,000 (2016: £369,000).

6.	RELATED PARTY DISCLOSURES

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling parties are the directors C T R Swan and J Bentley equally, who are both designated

members of Swan Turton LLP, a firm of solicitors.

The following reproduces the text of the report prepared for the directors and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of TPP Services Limited for the year ended 31 March 2017 which comprise the Income Statement,

Balance Sheet and the related notes from the company's accounting records and from information and explanations you

have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of TPP Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of TPP Services Limited and state those matters that we have agreed to state to the Board of Directors of TPP Services Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TPP Services Limited Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that TPP Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of TPP Services Limited. You consider that TPP Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of TPP Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Lawford Business Services Ltd

Chartered Accountants

The Old Station

Moor Lane

Staines-upon-Thames

Middlesex

TW18 4BB

11 December 2017