2023-01-01 04545254 2023-12-31 04545254 2023-01-01 2023-12-31 04545254 2022-12-31 04545254 2022-01-01 2022-12-31 04545254 uk-core:WithinOneYear 2022-12-31 04545254 uk-core:WithinOneYear 2023-12-31 04545254 uk-core:ShareCapital 2023-12-31 04545254 uk-core:ShareCapital 2022-12-31 04545254 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 04545254 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 04545254 uk-bus:Director1 2023-01-01 2023-12-31 04545254 uk-core:ComputerEquipment 2023-01-01 2023-12-31 04545254 uk-core:CommercialMotorVehicles 2023-01-01 2023-12-31 04545254 uk-core:FurnitureFittings 2023-01-01 2023-12-31 04545254 uk-core:ComputerEquipment 2022-12-31 04545254 uk-core:FurnitureFittings 2022-12-31 04545254 uk-core:CommercialMotorVehicles 2022-12-31 04545254 uk-core:CommercialMotorVehicles 2023-12-31 04545254 uk-core:FurnitureFittings 2023-12-31 04545254 uk-core:ComputerEquipment 2023-12-31 iso4217:GBP xbrli:pure 04545254 uk-bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 04545254 uk-bus:FRS102 2023-01-01 2023-12-31 04545254 uk-bus:FilletedAccounts 2023-01-01 2023-12-31 04545254 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Tysons Books Ltd.
Registered Number:04545254
For the year ended 31 December 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2023
Tysons Books Ltd.
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
04545254
As at 31 December 2023
Tysons Books Ltd.
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
453
603
2
453
603
Current assets
Inventories
24,500
24,500
3
1,689
Cash and cash equivalents
747
25,247
26,189
Trade and other payables: amounts falling due within one
year
(25,818)
(22,196)
4
371
3,051
Net current assets
Total assets less current liabilities
3,504
974
3,504
Net assets
974
Capital and reserves
Called up share capital
100
100
Retained earnings
3,404
874
3,504
974
Shareholders' funds
For the year ended 31 December 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr. G.W. Tyson Director
These financial statements were approved and authorised for issue by the Board on 16 April 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 December 2023
Tysons Books Ltd.
Notes to the Financial Statements
Statutory Information
Tysons Books Ltd. is a private limited company, limited by shares, domiciled in England and Wales, registration
number 04545254.
Principal place of business:
150 High Street
Honiton
Devon
EX14 1JX
Registered address:
33 Hopps Road
Kingswood
Bristol
BS15 9QQ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures and fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 December 2023
Tysons Books Ltd.
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or
valuation
At 01 January 2023
18,780
1,777
10,353
6,650
At 31 December 2023
6,650
10,353
1,777
18,780
Provision for depreciation and impairment
At 01 January 2023
18,177
1,231
10,311
6,635
Charge for year
150
136
10
4
At 31 December 2023
18,327
1,367
10,321
6,639
At 31 December 2023
Net book value
11
32
410
453
At 31 December 2022
15
42
546
603
3. Inventories
2022
2023
£
£
Stocks
24,500
24,500
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Taxation and social security
1,914
2,533
Other creditors
20,282
23,285
22,196
25,818
5. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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