Your Trusted Tenant Ltd 11927539 false 2022-05-01 2023-04-30 2023-04-30 The principal activity of the company is 68209, 68320, 68310 Digita Accounts Production Advanced 6.30.9574.0 true true 11927539 2022-05-01 2023-04-30 11927539 2023-04-30 11927539 core:RetainedEarningsAccumulatedLosses 2023-04-30 11927539 core:ShareCapital 2023-04-30 11927539 core:CurrentFinancialInstruments 2023-04-30 11927539 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 11927539 core:Non-currentFinancialInstruments 2023-04-30 11927539 core:Non-currentFinancialInstruments core:AfterOneYear 2023-04-30 11927539 core:FurnitureFittingsToolsEquipment 2023-04-30 11927539 core:MotorVehicles 2023-04-30 11927539 bus:SmallEntities 2022-05-01 2023-04-30 11927539 bus:AuditExemptWithAccountantsReport 2022-05-01 2023-04-30 11927539 bus:FullAccounts 2022-05-01 2023-04-30 11927539 bus:SmallCompaniesRegimeForAccounts 2022-05-01 2023-04-30 11927539 bus:RegisteredOffice 2022-05-01 2023-04-30 11927539 bus:Director1 2022-05-01 2023-04-30 11927539 bus:Director2 2022-05-01 2023-04-30 11927539 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 11927539 core:FurnitureFittingsToolsEquipment 2022-05-01 2023-04-30 11927539 core:MotorVehicles 2022-05-01 2023-04-30 11927539 countries:EnglandWales 2022-05-01 2023-04-30 11927539 2022-04-30 11927539 core:FurnitureFittingsToolsEquipment 2022-04-30 11927539 core:MotorVehicles 2022-04-30 11927539 2021-05-01 2022-04-30 11927539 2022-04-30 11927539 core:RetainedEarningsAccumulatedLosses 2022-04-30 11927539 core:ShareCapital 2022-04-30 11927539 core:CurrentFinancialInstruments 2022-04-30 11927539 core:CurrentFinancialInstruments core:WithinOneYear 2022-04-30 11927539 core:Non-currentFinancialInstruments 2022-04-30 11927539 core:Non-currentFinancialInstruments core:AfterOneYear 2022-04-30 11927539 core:FurnitureFittingsToolsEquipment 2022-04-30 11927539 core:MotorVehicles 2022-04-30 iso4217:GBP xbrli:pure

Registration number: 11927539

Your Trusted Tenant Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 April 2023

 

Your Trusted Tenant Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Your Trusted Tenant Ltd

Company Information

Directors

Mrs Jodie Anson-Hart

Mr Daniel Anson-Hart

Registered office

Office 101
Coinage House
2 Princes Street
Truro
Cornwall
TR1 2ES

Accountants

RiverView Portfolio Limited
1 Market Hill
Calne
Wiltshire
SN11 0BT

 

Your Trusted Tenant Ltd

(Registration number: 11927539)
Balance Sheet as at 30 April 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

5

18,944

18,576

Current assets

 

Debtors

6

24,005

4,811

Cash at bank and in hand

 

2,549

53,793

 

26,554

58,604

Creditors: Amounts falling due within one year

7

(56,857)

(105,592)

Net current liabilities

 

(30,303)

(46,988)

Total assets less current liabilities

 

(11,359)

(28,412)

Creditors: Amounts falling due after more than one year

7

(15,833)

(23,433)

Provisions for liabilities

(3,529)

(3,529)

Net liabilities

 

(30,721)

(55,374)

Capital and reserves

 

Called up share capital

1,000

4

Retained earnings

(31,721)

(55,378)

Shareholders' deficit

 

(30,721)

(55,374)

For the financial year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 12 January 2024 and signed on its behalf by:
 

.........................................
Mr Daniel Anson-Hart
Director

 

Your Trusted Tenant Ltd

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Office 101
Coinage House
2 Princes Street
Truro
Cornwall
TR1 2ES

These financial statements were authorised for issue by the Board on 12 January 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

 

Your Trusted Tenant Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023 (continued)

2

Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Profit/loss before tax

Arrived at after charging/(crediting)

 

Your Trusted Tenant Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023 (continued)

4

Profit before tax (continued)

2023
£

2022
£

Depreciation expense

8,379

6,363

 

Your Trusted Tenant Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023 (continued)

5

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 May 2022

513

24,768

25,281

Additions

879

-

879

Disposals

-

7,868

7,868

At 30 April 2023

1,392

32,636

34,028

Depreciation

At 1 May 2022

513

6,192

6,705

Charge for the year

220

8,159

8,379

At 30 April 2023

733

14,351

15,084

Carrying amount

At 30 April 2023

659

18,285

18,944

At 30 April 2022

-

18,576

18,576

6

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

14,560

-

Prepayments

 

776

-

Other debtors

 

8,669

4,811

7

Creditors

Creditors: amounts falling due within one year

 

Your Trusted Tenant Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2023 (continued)

7

Creditors (continued)

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

8

8,016

12,592

Amounts owed to group undertakings and undertakings in which the company has a participating interest

-

26,000

Taxation and social security

 

-

776

Accruals and deferred income

 

1,925

1,349

Other creditors

 

46,916

64,875

 

56,857

105,592

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

8

15,833

23,433

8

Loans and borrowings

2023
£

2022
£

Non-current loans and borrowings

Bank borrowings

15,833

23,433

2023
£

2022
£

Current loans and borrowings

Bank borrowings

7,600

7,600

Other borrowings

416

4,992

8,016

12,592