IRIS Accounts Production v23.3.0.418 06332874 Board of Directors 1.4.22 31.3.23 31.3.23 19.11.23 false true false false true false Auditors Opinion Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure063328742022-03-31063328742023-03-31063328742022-04-012023-03-31063328742021-03-31063328742021-04-012022-03-31063328742022-03-3106332874ns16:EnglandWales2022-04-012023-03-3106332874ns15:PoundSterling2022-04-012023-03-3106332874ns11:Director12022-04-012023-03-3106332874ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3106332874ns11:SmallEntities2022-04-012023-03-3106332874ns11:Audited2022-04-012023-03-3106332874ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3106332874ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3106332874ns11:FullAccounts2022-04-012023-03-3106332874ns11:OrdinaryShareClass12022-04-012023-03-3106332874ns11:Director32022-04-012023-03-3106332874ns11:CompanySecretary12022-04-012023-03-3106332874ns11:RegisteredOffice2022-04-012023-03-3106332874ns6:CurrentFinancialInstruments2023-03-3106332874ns6:CurrentFinancialInstruments2022-03-3106332874ns6:ShareCapital2023-03-3106332874ns6:ShareCapital2022-03-3106332874ns6:RetainedEarningsAccumulatedLosses2023-03-3106332874ns6:RetainedEarningsAccumulatedLosses2022-03-3106332874ns6:PlantMachinery2022-04-012023-03-3106332874ns6:PlantMachinery2022-03-3106332874ns6:PlantMachinery2023-03-3106332874ns6:PlantMachinery2022-03-3106332874ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3106332874ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3106332874ns6:WithinOneYear2023-03-3106332874ns6:WithinOneYear2022-03-3106332874ns6:BetweenOneFiveYears2023-03-3106332874ns6:BetweenOneFiveYears2022-03-3106332874ns6:AllPeriods2023-03-3106332874ns6:AllPeriods2022-03-3106332874ns11:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 06332874 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

TINDLE NEWSPAPERS ESSEX & KENT LIMITED

TINDLE NEWSPAPERS ESSEX & KENT LIMITED (REGISTERED NUMBER: 06332874)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TINDLE NEWSPAPERS ESSEX & KENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr D Cammiade
Mr S Wood





SECRETARY: Mr D Cammiade





REGISTERED OFFICE: The Old Court House
Union Road
Farnham
Surrey
GU9 7PT





REGISTERED NUMBER: 06332874 (England and Wales)





AUDITORS: Watson Associates (Audit Services) Ltd
Statutory Auditor
30 - 34 North Street
Hailsham
East Sussex
BN27 1DW

TINDLE NEWSPAPERS ESSEX & KENT LIMITED (REGISTERED NUMBER: 06332874)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 1,522

CURRENT ASSETS
Debtors 5 1,421 40,941
Cash at bank 15,842 44,554
17,263 85,495
CREDITORS
Amounts falling due within one year 6 (509,466 ) (389,133 )
NET CURRENT LIABILITIES (492,203 ) (303,638 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(492,203

)

(302,116

)

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings (492,204 ) (302,117 )
SHAREHOLDERS' FUNDS (492,203 ) (302,116 )

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 November 2023 and were signed on its behalf by:





Mr D Cammiade - Director


TINDLE NEWSPAPERS ESSEX & KENT LIMITED (REGISTERED NUMBER: 06332874)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Tindle Newspapers Essex & Kent 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.

The financial statements have been prepared on a basis other than that of a going concern basis. The basis includes, where applicable, writing the company' assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.

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 - 20% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

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.


TINDLE NEWSPAPERS ESSEX & KENT LIMITED (REGISTERED NUMBER: 06332874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued
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.

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.

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 6 (2022 - 8 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2022 42,354
Disposals (42,354 )
At 31 March 2023 -
DEPRECIATION
At 1 April 2022 40,832
Eliminated on disposal (40,832 )
At 31 March 2023 -
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 1,522

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 421 38,357
Other debtors 1,000 2,584
1,421 40,941

TINDLE NEWSPAPERS ESSEX & KENT LIMITED (REGISTERED NUMBER: 06332874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,662 10,258
Amounts owed to group undertakings 487,888 354,024
Taxation and social security 1,128 18,866
Other creditors 18,788 5,985
509,466 389,133

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 99 396
Between one and five years - 99
99 495

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.


We draw attention to Note 2 to the financial statements which explains the directors decision to cease trading and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 2.

Our opinion is not modified in respect of this matter.

Stephen James Moore (Senior Statutory Auditor)
for and on behalf of Watson Associates (Audit Services) Ltd

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11. ULTIMATE PARENT COMPANY

The ultimate parent company is Tindle Press Holdings Limited, a company registered in England and Wales.

Tindle Press Holdings Limited prepare group financial statements, copies of which can be obtained from the Registrar of Companies, Companies House, Crown Way, Maindy, Cardiff, CF14 3UZ. Tindle Press Holdings Limited registered office is The Old Court House, Union Road, Farnham, Surrey, GU9 7PT.

TINDLE NEWSPAPERS ESSEX & KENT LIMITED (REGISTERED NUMBER: 06332874)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

12. GOVERNMENT GRANTS

Other income includes amounts received from the Government's Coronavirus Job Retention Scheme. The income is received in the form of grants.