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REGISTERED NUMBER: 02609239 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Tynan D'arcy Limited

Tynan D'arcy Limited (Registered number: 02609239)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Tynan D'arcy Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: I E Darcy





SECRETARY: M Richards





REGISTERED OFFICE: Arundel House 1st Floor
1 Farm Yard
Windsor
SL4 1QL





REGISTERED NUMBER: 02609239 (England and Wales)





ACCOUNTANTS: Cooper Richards Ltd
19 Shakespeare Avenue
Bath
Somerset
BA2 4RF

Tynan D'arcy Limited (Registered number: 02609239)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,118 11,324
Investments 5 2,603,436 2,301,554
2,616,554 2,312,878

CURRENT ASSETS
Stocks 1,425 2,552
Debtors 6 582,275 434,119
Cash at bank 324,559 130,176
908,259 566,847
CREDITORS
Amounts falling due within one year 7 856,640 551,025
NET CURRENT ASSETS 51,619 15,822
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,668,173

2,328,700

CAPITAL AND RESERVES
Called up share capital 13,334 13,334
Capital redemption reserve 26,667 26,667
Retained earnings 2,628,172 2,288,699
2,668,173 2,328,700

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 15 March 2024 and were signed by:



I E Darcy - Director


Tynan D'arcy Limited (Registered number: 02609239)

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

1. STATUTORY INFORMATION

Tynan D'arcy 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, in respect of services provided, 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 - 33% on cost and 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

Tynan D'arcy Limited (Registered number: 02609239)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 13 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 170,978
Additions 12,206
Disposals (3,898 )
At 30 June 2023 179,286
DEPRECIATION
At 1 July 2022 159,654
Charge for year 6,514
At 30 June 2023 166,168
NET BOOK VALUE
At 30 June 2023 13,118
At 30 June 2022 11,324

5. FIXED ASSET INVESTMENTS


The Gross Loan to J&J Yachts is £787,096 against which provisions have been made of £499,595 giving a net position of £287,501 (2022: £270,000).

The Gross Loan to Barista Property Rentals Ltd is £2,395,698 against which a provision has been made of £89,939 giving a net position of £2,305,759 (2022: £2,021,378).

Total net balances are £ 2,593,260 (2022: 2,291,378).


Share Capital is as follows:

J&J Yachts £170
Barista Property Rentals Ltd £1
Fetch Technology Group Ltd £10005 Ordinary shares - an unconnected company
(formerly POS 8 Ltd)

Balance Sheet Investment Total = £2,603,436.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 520,734 429,381
Other debtors 61,541 4,738
582,275 434,119

Tynan D'arcy Limited (Registered number: 02609239)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade creditors 9,417 78,730
Amounts owed to associates 379,829 135,867
Taxation and social security 200,570 170,815
Other creditors 266,824 165,613
856,640 551,025

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

30.6.23 30.6.22
£    £   
I E Darcy
Balance outstanding at start of year - -
Amounts advanced - 156,000
Amounts repaid - (156,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The Loan to I E D'Arcy was repaid in full within 9 months

9. POST BALANCE SHEET EVENTS

On 2/8/23 J&J Yachts repaid the outstanding balance of the loan totalling £287,501