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REGISTERED NUMBER: 07108362 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

COLIN TENCH LTD

COLIN TENCH LTD (REGISTERED NUMBER: 07108362)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


COLIN TENCH LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Dr C M Tench
Mrs A L Tench





REGISTERED OFFICE: Rex Buildings
Alderley Road
Wilmslow
Cheshire
SK9 1HY





REGISTERED NUMBER: 07108362 (England and Wales)

COLIN TENCH LTD (REGISTERED NUMBER: 07108362)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 39,503 61,265
Investments 6 214,273 -
253,776 61,265

CURRENT ASSETS
Debtors 7 97,449 161,162
Cash at bank 124,094 182,868
221,543 344,030
CREDITORS
Amounts falling due within one year 8 155,879 139,310
NET CURRENT ASSETS 65,664 204,720
TOTAL ASSETS LESS CURRENT
LIABILITIES

319,440

265,985

COLIN TENCH LTD (REGISTERED NUMBER: 07108362)

BALANCE SHEET - continued
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 319,340 265,885
SHAREHOLDERS' FUNDS 319,440 265,985

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

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 directors acknowledge their 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 Board of Directors and authorised for issue on 24 September 2024 and were signed on its behalf by:





Dr C M Tench - Director


COLIN TENCH LTD (REGISTERED NUMBER: 07108362)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Colin Tench 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.

RELATED PARTY EXEMPTION
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

TURNOVER
The turnover shown in the profit and loss account represents amount earned during the year and is recognised when the company obtains the right to consideration.

GOODWILL
Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirers interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis to the Profit and Loss Account over it's useful economic life.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

COLIN TENCH LTD (REGISTERED NUMBER: 07108362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 33% on cost
Fixtures and fittings - 33% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

All fixed assets are initially recorded at cost.

INVESTMENTS IN SUBSIDIARIES
Investments in subsidiary undertakings are recognised at cost.

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. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 162,400
AMORTISATION
At 1 January 2023
and 31 December 2023 162,400
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

COLIN TENCH LTD (REGISTERED NUMBER: 07108362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023
and 31 December 2023 1,345 3,252 76,318 16,756 97,671
DEPRECIATION
At 1 January 2023 1,345 3,153 19,080 12,828 36,406
Charge for year - 99 19,080 2,583 21,762
At 31 December 2023 1,345 3,252 38,160 15,411 58,168
NET BOOK VALUE
At 31 December 2023 - - 38,158 1,345 39,503
At 31 December 2022 - 99 57,238 3,928 61,265

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 214,273
At 31 December 2023 214,273
NET BOOK VALUE
At 31 December 2023 214,273

COLIN TENCH LTD (REGISTERED NUMBER: 07108362)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 39,066 61,776
ASI London Clinic LLP Loan Acc 51,807 95,356
ASI LLP Profit Share 6,223 3,685
Called up share capital not paid 100 100
Prepayments and accrued income 253 245
97,449 161,162

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 29,923 39,688
Tax 100,876 54,505
Directors' current accounts 209 13,560
Accrued expenses 24,871 31,557
155,879 139,310