Caseware UK (AP4) 2022.0.179 2022.0.179 falseNo description of principal activity2022-04-01false8true8The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13324482 2022-04-01 2023-03-31 13324482 2021-04-09 2022-03-31 13324482 2023-03-31 13324482 2022-03-31 13324482 c:Director1 2022-04-01 2023-03-31 13324482 c:Director2 2022-04-01 2023-03-31 13324482 c:RegisteredOffice 2022-04-01 2023-03-31 13324482 d:FurnitureFittings 2022-04-01 2023-03-31 13324482 d:FurnitureFittings 2023-03-31 13324482 d:FurnitureFittings 2022-03-31 13324482 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13324482 d:OfficeEquipment 2022-04-01 2023-03-31 13324482 d:OfficeEquipment 2023-03-31 13324482 d:OfficeEquipment 2022-03-31 13324482 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13324482 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 13324482 d:CurrentFinancialInstruments 2023-03-31 13324482 d:CurrentFinancialInstruments 2022-03-31 13324482 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13324482 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 13324482 d:ShareCapital 2023-03-31 13324482 d:ShareCapital 2022-03-31 13324482 d:RetainedEarningsAccumulatedLosses 2023-03-31 13324482 d:RetainedEarningsAccumulatedLosses 2022-03-31 13324482 c:OrdinaryShareClass1 2022-04-01 2023-03-31 13324482 c:OrdinaryShareClass1 2023-03-31 13324482 c:OrdinaryShareClass1 2022-03-31 13324482 c:FRS102 2022-04-01 2023-03-31 13324482 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 13324482 c:AbridgedAccounts 2022-04-01 2023-03-31 13324482 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13324482










TINO'S (SY) LIMITED

Unaudited
Financial statements
Information for filing with the registrar
for the year ended 31 March 2023

 
TINO'S (SY) LIMITED
 

Company Information


Directors
Jon-Paul Fawdry 
Samantha Fawdry 




Registered number
13324482



Registered office
Unit 1-3
Peak Square

Sheffield

S20 7PH





 
TINO'S (SY) LIMITED
Registered number: 13324482

Balance sheet
as at 31 March 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
14,679
13,844

  
14,679
13,844

Current assets
  

Stocks
  
1,250
1,250

Debtors
 5 
3,124
2,818

Cash at bank and in hand
  
1,203
9,146

  
5,577
13,214

Creditors: amounts falling due within one year
 6 
(31,586)
(26,153)

Net current liabilities
  
 
 
(26,009)
 
 
(12,939)

Net (liabilities)/assets
  
(11,330)
905


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
(11,430)
805

  
(11,330)
905


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 November 2023.




Jon-Paul Fawdry
Samantha Fawdry
Director
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
TINO'S (SY) LIMITED
 

 
Notes to the financial statements
for the year ended 31 March 2023

1.


General information

Tino's (SY) Limited is a private company limited by shares incorporated in England within the United Kingdom. The address of the registered office is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A) of the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 2

 
TINO'S (SY) LIMITED
 

 
Notes to the financial statements
for the year ended 31 March 2023

2.Accounting policies (continued)


2.6
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Office equipment
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business
Page 3

 
TINO'S (SY) LIMITED
 

 
Notes to the financial statements
for the year ended 31 March 2023

2.Accounting policies (continued)


2.9
Financial instruments (continued)

from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2022 - 8).


4.


Tangible fixed assets





Fixtures and fittings
Fixtures, fittings and equipment
Total

£
£
£



Cost or valuation


At 1 April 2022
-
15,428
15,428


Additions
3,897
354
4,251



At 31 March 2023

3,897
15,782
19,679



Depreciation


At 1 April 2022
-
1,584
1,584


Charge for the year on owned assets
260
3,156
3,416



At 31 March 2023

260
4,740
5,000



Net book value



At 31 March 2023
3,637
11,042
14,679



At 31 March 2022
-
13,844
13,844

Page 4

 
TINO'S (SY) LIMITED
 

 
Notes to the financial statements
for the year ended 31 March 2023

5.


Debtors

2023
2022
£
£


Other debtors
3,124
2,818

3,124
2,818



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
970
1,583

Taxation and social security
5,265
1,399

Other creditors
23,851
21,731

Accruals and deferred income
1,500
1,440

31,586
26,153



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary shares of £1.00 each
100
100



Page 5