Company Registration No. 12034836 (England and Wales)
Devon & Cornwall Tarmacadam Limited
Unaudited accounts
for the year ended 30 September 2022
Devon & Cornwall Tarmacadam Limited
Unaudited accounts
Contents
Devon & Cornwall Tarmacadam Limited
Company Information
for the year ended 30 September 2022
Directors
Mr Luke Tanner
Mr Vivian Selley
Company Number
12034836 (England and Wales)
Registered Office
Upper South (US) 14
1 Seal Hayne
Newton Abbot
Devon
TQ12 6NQ
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Devon & Cornwall Tarmacadam Limited
Statement of financial position
as at 30 September 2022
Tangible assets
147,239
68,964
Cash at bank and in hand
35,575
24,445
Creditors: amounts falling due within one year
(656,297)
(251,814)
Net current assets
132,516
62,793
Total assets less current liabilities
279,755
131,757
Creditors: amounts falling due after more than one year
(68,155)
(62,294)
Provisions for liabilities
Deferred tax
(27,975)
(13,103)
Called up share capital
100
100
Profit and loss account
183,525
56,260
Shareholders' funds
183,625
56,360
For the year ending 30 September 2022 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 June 2023 and were signed on its behalf by
Mr Luke Tanner
Director
Company Registration No. 12034836
Devon & Cornwall Tarmacadam Limited
Notes to the Accounts
for the year ended 30 September 2022
Devon & Cornwall Tarmacadam Limited is a private company, limited by shares, registered in England and Wales, registration number 12034836. The registered office is Upper South (US) 14, 1 Seal Hayne, Newton Abbot, Devon, TQ12 6NQ.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2021
45,905
45,957
7,041
98,903
Additions
89,707
33,258
4,389
127,354
At 30 September 2022
135,612
79,215
11,430
226,257
At 1 October 2021
13,303
14,594
2,042
29,939
Charge for the year
30,577
16,155
2,347
49,079
At 30 September 2022
43,880
30,749
4,389
79,018
At 30 September 2022
91,732
48,466
7,041
147,239
At 30 September 2021
32,602
31,363
4,999
68,964
Devon & Cornwall Tarmacadam Limited
Notes to the Accounts
for the year ended 30 September 2022
Amounts falling due within one year
Trade debtors
672,054
264,578
Accrued income and prepayments
6,971
4,165
Other debtors
11,896
5,207
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Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
10,000
Obligations under finance leases and hire purchase contracts
10,149
5,600
Trade creditors
596,849
177,404
Taxes and social security
31,018
17,845
Loans from directors
7,531
40,315
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Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
39,822
23,961
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Average number of employees
During the year the average number of employees was 14 (2021: 12).