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REGISTERED NUMBER: 09009378 (England and Wales)












Unaudited Financial Statements

for the Year Ended 30 September 2023

for

TENTSTYLE LTD

TENTSTYLE LTD (REGISTERED NUMBER: 09009378)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TENTSTYLE LTD

Company Information
for the Year Ended 30 September 2023







DIRECTOR: N R Barton-Jayne





REGISTERED OFFICE: 100 Church Street
Brighton
East Sussex
BN1 1UJ





REGISTERED NUMBER: 09009378 (England and Wales)





ACCOUNTANTS: Paddenburg & Co Limited
100 Church Street
Brighton
East Sussex
BN1 1UJ

TENTSTYLE LTD (REGISTERED NUMBER: 09009378)

Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 167,110 197,715

CURRENT ASSETS
Stocks 123,657 146,550
Debtors 5 58,415 42,788
Cash at bank 24,502 34,202
206,574 223,540
CREDITORS
Amounts falling due within one year 6 101,797 96,052
NET CURRENT ASSETS 104,777 127,488
TOTAL ASSETS LESS CURRENT
LIABILITIES

271,887

325,203

CREDITORS
Amounts falling due after more than one
year

7

(65,954

)

(91,491

)

PROVISIONS FOR LIABILITIES 8 (41,778 ) (37,566 )
NET ASSETS 164,155 196,146

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 164,055 196,046
SHAREHOLDERS' FUNDS 164,155 196,146

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

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

TENTSTYLE LTD (REGISTERED NUMBER: 09009378)

Balance Sheet - continued
30 September 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 1 January 2024 and were signed by:





N R Barton-Jayne - Director


TENTSTYLE LTD (REGISTERED NUMBER: 09009378)

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

1. STATUTORY INFORMATION

Tentstyle 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 10% on reducing balance
Motor vehicles - 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 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.

TENTSTYLE LTD (REGISTERED NUMBER: 09009378)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2022 146,606 101,946 248,552
Additions 11,542 - 11,542
Disposals (11,261 ) (11,895 ) (23,156 )
At 30 September 2023 146,887 90,051 236,938
DEPRECIATION
At 1 October 2022 29,551 21,286 50,837
Charge for year 11,506 19,750 31,256
Eliminated on disposal (2,055 ) (10,210 ) (12,265 )
At 30 September 2023 39,002 30,826 69,828
NET BOOK VALUE
At 30 September 2023 107,885 59,225 167,110
At 30 September 2022 117,055 80,660 197,715

TENTSTYLE LTD (REGISTERED NUMBER: 09009378)

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

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2022 4,900 90,051 94,951
Transfer to ownership (4,900 ) - (4,900 )
At 30 September 2023 - 90,051 90,051
DEPRECIATION
At 1 October 2022 1,000 11,076 12,076
Charge for year - 19,750 19,750
Transfer to ownership (1,000 ) - (1,000 )
At 30 September 2023 - 30,826 30,826
NET BOOK VALUE
At 30 September 2023 - 59,225 59,225
At 30 September 2022 3,900 78,975 82,875

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 16,625 27,698
Other debtors 32,545 7,545
Machine-Ex Ltd 4,200 3,200
Prepayments 5,045 4,345
58,415 42,788

The amount due from Machine-Ex Ltd of £4,200 (2022: £3,200) represents funds owed to Tentstyle Ltd.
The loan is unsecured, interest-free and repayable on demand.

N Barton Jayne is the director and sole shareholder of Machine-Ex Ltd.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,911 17,673
Hire purchase contracts 15,627 16,927
Trade creditors 1,602 7,889
Tax 21,375 20,766
VAT 17,149 13,059
Other creditors 1,523 3,040
Directors' loan accounts 1,775 440
Deferred income 25,470 12,658
Accrued expenses 7,365 3,600
101,797 96,052

TENTSTYLE LTD (REGISTERED NUMBER: 09009378)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,162 9,911
Bank loans - 2-5 years 13,950 24,111
Hire purchase contracts 41,842 57,469
65,954 91,491

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 41,778 37,566

Deferred
tax
£   
Balance at 1 October 2022 37,566
Accelerated capital allowances 4,212
Balance at 30 September 2023 41,778

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N R Barton-Jayne.