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REGISTERED NUMBER: 08511170 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1ST NOVEMBER 2021 TO 30TH OCTOBER 2022

FOR

TOM YAM LIMITED

TOM YAM LIMITED (REGISTERED NUMBER: 08511170)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST NOVEMBER 2021 TO 30TH OCTOBER 2022




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TOM YAM LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1ST NOVEMBER 2021 TO 30TH OCTOBER 2022







DIRECTORS: M P Quinn
Mrs J Quinn



REGISTERED OFFICE: 67 Chorley Old Road
Bolton
BL1 3AJ



REGISTERED NUMBER: 08511170 (England and Wales)



ACCOUNTANTS: Ryans
Chartered Accountants
67 Chorley Old Road
Bolton
BL1 3AJ



BANKERS: The Royal Bank of Scotland plc
P O Box 2027
Parklands
De Havilland Way
Horwich
BL6 4YU

TOM YAM LIMITED (REGISTERED NUMBER: 08511170)

ABRIDGED BALANCE SHEET
30TH OCTOBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 115,110 120,350

CURRENT ASSETS
Stocks 2,118 1,028
Debtors 279,438 129,794
Cash at bank and in hand 45,262 184,882
326,818 315,704
CREDITORS
Amounts falling due within one year 137,889 255,498
NET CURRENT ASSETS 188,929 60,206
TOTAL ASSETS LESS CURRENT
LIABILITIES

304,039

180,556

CREDITORS
Amounts falling due after more than one
year

(155,258

)

-

PROVISIONS FOR LIABILITIES (7,180 ) (5,577 )
NET ASSETS 141,601 174,979

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 141,501 174,879
SHAREHOLDERS' FUNDS 141,601 174,979

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th October 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th October 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.

TOM YAM LIMITED (REGISTERED NUMBER: 08511170)

ABRIDGED BALANCE SHEET - continued
30TH OCTOBER 2022


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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30th October 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 26th September 2023 and were signed on its behalf by:





M P Quinn - Director


TOM YAM LIMITED (REGISTERED NUMBER: 08511170)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1ST NOVEMBER 2021 TO 30TH OCTOBER 2022

1. STATUTORY INFORMATION

Tom Yam 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.

The financial statements have been prepared on a going concern basis which assumes the continuing support of the company's directors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Depreciation
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

TOM YAM LIMITED (REGISTERED NUMBER: 08511170)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1ST NOVEMBER 2021 TO 30TH OCTOBER 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 (2021 - 9 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1st November 2021 436,230
Additions 15,657
At 30th October 2022 451,887
DEPRECIATION
At 1st November 2021 315,880
Charge for period 20,897
At 30th October 2022 336,777
NET BOOK VALUE
At 30th October 2022 115,110
At 31st October 2021 120,350

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
100 100

6. ULTIMATE CONTROLLING PARTY

The company is controlled by its directors who have a beneficial interest in all of the issued share capital.