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REGISTERED NUMBER: 13467349 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Tunnard Straw Ltd

Tunnard Straw Ltd (Registered number: 13467349)

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










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3

Notes to the financial statements 4 to 6


Tunnard Straw Ltd

Company Information
for the Year Ended 30 June 2023







Director: F Tunnard





Registered office: The Holmes
Holmes Road
Kirton Holme
Boston
Lincolnshire
PE20 1SP





Registered number: 13467349 (England and Wales)





Accountants: Moore Thompson
27 Market Place
Market Deeping
Peterborough
Cambridgeshire
PE6 8EA

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Tunnard Straw Ltd


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 Statement of financial position. 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 Tunnard Straw Ltd for the year ended 30 June 2023 which comprise the Income statement, Statement of financial position 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 Tunnard Straw Ltd in accordance with the terms of our engagement letter dated 9 February 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Tunnard Straw Ltd and state those matters that we have agreed to state to the director of Tunnard Straw Ltd 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 Tunnard Straw Ltd and its director for our work or for this report.

It is your duty to ensure that Tunnard Straw Ltd 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 Tunnard Straw Ltd. You consider that Tunnard Straw Ltd 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 Tunnard Straw Ltd. 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.






Moore Thompson
27 Market Place
Market Deeping
Peterborough
Cambridgeshire
PE6 8EA


18 April 2024

Tunnard Straw Ltd (Registered number: 13467349)

Statement of Financial Position
30 June 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 5 260,707 -

Current assets
Stocks 164,606 -
Debtors 6 200,034 2,347
Cash at bank 126,110 23,590
490,750 25,937
Creditors
Amounts falling due within one year 7 237,308 7,818
Net current assets 253,442 18,119
Total assets less current liabilities 514,149 18,119

Provisions for liabilities 64,439 -
Net assets 449,710 18,119

Capital and reserves
Called up share capital 100 100
Retained earnings 449,610 18,019
Shareholders' funds 449,710 18,119

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 17 April 2024 and were signed by:



F Tunnard - Director


Tunnard Straw Ltd (Registered number: 13467349)

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


1. Statutory information

Tunnard Straw Ltd 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. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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 etc - 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 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Tunnard Straw Ltd (Registered number: 13467349)

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


4. Employees and directors

The average number of employees during the year was 1 (2022 - 1 ) .

5. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
Additions 280,881
At 30 June 2023 280,881
Depreciation
Charge for year 20,174
At 30 June 2023 20,174
Net book value
At 30 June 2023 260,707

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 153,158 2,112
Amounts owed by related parties 271 135
Other debtors 46,605 100
200,034 2,347

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 39,460 -
Amounts owed to related parties 126,554 -
Taxation and social security 49,066 6,550
Other creditors 22,228 1,268
237,308 7,818

Tunnard Straw Ltd (Registered number: 13467349)

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


8. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the year ended 30 June 2023 and the period ended 30 June 2022:

2023 2022
£    £   
F Tunnard
Balance outstanding at start of year (618 ) -
Amounts advanced 11,632 -
Amounts repaid (34 ) (618 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 10,980 (618 )