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REGISTERED NUMBER: 08506719 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2023

for

Tyers Management Services Limited

Tyers Management Services Limited (Registered number: 08506719)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Tyers Management Services Limited

Company Information
for the Year Ended 30 April 2023







DIRECTOR: Mr J Tyers





SECRETARY: Mrs S Tyers





REGISTERED OFFICE: Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE





REGISTERED NUMBER: 08506719 (England and Wales)





ACCOUNTANTS: Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Tyers Management Services Limited

The following reproduces the text of the report prepared for the director 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 Director 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 Tyers Management Services Limited for the year ended 30 April 2023 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 director of Tyers Management Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Tyers Management Services Limited and state those matters that we have agreed to state to the director of Tyers Management Services Limited 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 Tyers Management Services Limited and its director for our work or for this report.

It is your duty to ensure that Tyers Management 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 Tyers Management Services Limited. You consider that Tyers Management 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 Tyers Management 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.






Cartwrights
Chartered Accountants and Business Advisors
Regency House
33 Wood Street
Barnet
Hertfordshire
EN5 4BE


10 November 2023

Tyers Management Services Limited (Registered number: 08506719)

Balance Sheet
30 April 2023

30/4/23 30/4/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,649 52,911

CURRENT ASSETS
Debtors 5 3,108 2,708
Cash at bank 10,013 9,012
13,121 11,720
CREDITORS
Amounts falling due within one year 6 16,515 12,512
NET CURRENT LIABILITIES (3,394 ) (792 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,255

52,119

CREDITORS
Amounts falling due after more than one year 7 (30,180 ) (36,408 )

PROVISIONS FOR LIABILITIES (8,107 ) (10,053 )
NET ASSETS 968 5,658

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 868 5,558
SHAREHOLDERS' FUNDS 968 5,658

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Tyers Management Services Limited (Registered number: 08506719)

Balance Sheet - continued
30 April 2023


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

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

The financial statements were approved by the director and authorised for issue on 10 November 2023 and were signed by:





Mr J Tyers - Director


Tyers Management Services Limited (Registered number: 08506719)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Tyers Management 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 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and Machinery - Straight line over 5 years
Computer Equipment - Straight line over 5 years
Motor Vehicles - Straight line over 5 years

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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Tyers Management Services Limited (Registered number: 08506719)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 May 2022 892 51,090 4,967 56,949
Additions - - 749 749
At 30 April 2023 892 51,090 5,716 57,698
DEPRECIATION
At 1 May 2022 759 852 2,427 4,038
Charge for year 29 10,218 764 11,011
At 30 April 2023 788 11,070 3,191 15,049
NET BOOK VALUE
At 30 April 2023 104 40,020 2,525 42,649
At 30 April 2022 133 50,238 2,540 52,911

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/23 30/4/22
£    £   
Prepayments 3,108 2,708

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/4/23 30/4/22
£    £   
Hire purchase contracts 8,008 8,008
Trade creditors - 75
Tax 7,612 3,351
Directors' current accounts 895 1,078
16,515 12,512

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30/4/23 30/4/22
£    £   
Hire purchase contracts 30,180 36,408

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/23 30/4/22
value: £    £   
100 Ordinary £1 100 100

Tyers Management Services Limited (Registered number: 08506719)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

9. RELATED PARTY DISCLOSURES

The company owes £895 to its directors. Last year the company owed the director £1,079.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr J Tyers.