TDS Holdings Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10833438 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 23RD JUNE 2017 TO 31ST MARCH 2018

FOR

TECHNICAL & DEVELOPMENT SERVICES

HOLDINGS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Farrow

M C Donohue

REGISTERED OFFICE:

Venture Court

2 Debdale Road

Wellingborough

Northamptonshire

NN8 5AA

REGISTERED NUMBER:

10833438 (England and Wales)

ACCOUNTANTS:

ISIS Business Solutions

Venture Court

2 Debdale Road

Wellingborough

Northamptonshire

NN8 5AA

CURRENT ASSETS

Debtors

4

8,438

Investments

5

1,102,700

Cash at bank

59,627

1,170,765

CREDITORS

Amounts falling due within one year

6

314,548

NET CURRENT ASSETS

856,217

TOTAL ASSETS LESS CURRENT LIABILITIES

856,217

CAPITAL AND RESERVES

Called up share capital

5

Share premium

686,097

Retained earnings

170,115

SHAREHOLDERS' FUNDS

856,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 2018 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 3rd December 2018 and were signed on its behalf by:

R Farrow - Director

M C Donohue - Director

1.	STATUTORY INFORMATION

Technical & Development Services Holdings Ltd 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.

Taxation

Taxation for the period 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 period 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.

Hire purchase and 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.	FIXED ASSET INVESTMENTS

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Technical & Development Services Group Ltd

Registered office:

Nature of business: Holding company

%

Class of shares:

holding

Ordinary

100.00

2018

£

Aggregate capital and reserves

7,658

Profit for the period

256,814

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

1,400

Other debtors

7,038

8,438

5.	CURRENT ASSET INVESTMENTS

£

Shares in group undertakings

1,102,700

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

314,548

7.	RELATED PARTY DISCLOSURES

During the period, total dividends of £33,333 were paid to the directors .

Included in other creditors amounts due within one year is £37,498 due to Mr R Farrow. The loan is interest free

and there are no repayment terms.

During the year the Company issued 1 ordinary A share to Mr R Farrow and 1 ordinary A share to Mrs J Farrow

in exchange for their shareholding in Technical & Development Services Group Ltd. Mrs J Farrow is a connected

person.

During the year the Company issued 133 ordinary B Shares to Mrs T Donohue for aggregate consideration of

£137,500. Mrs T Donohue is a connected person.

During the year the Company paid £1,714 to R N Property Partnership LLP of which Mr R Farrow is a member in.

At the balance sheet date there were the following balances relating to related party transactions;

- Due from Technical & Development Services Limited £1,400