Company Registration No. 02413809 (England and Wales)
T.N. ASSOCIATES LIMITED
Unaudited accounts
for the year ended 30 April 2024
T.N. ASSOCIATES LIMITED
Unaudited accounts
Contents
T.N. ASSOCIATES LIMITED
Company Information
for the year ended 30 April 2024
Directors
Mr I Tiley-Nunn
Mrs A Tiley-Nunn
Company Number
02413809 (England and Wales)
Registered Office
LARKVALE STUD GRUNDISBURGH ROAD
CLOPTON
WOODBRIDGE
SUFFOLK
IP13 6QE
T.N. ASSOCIATES LIMITED
Statement of financial position
as at 30 April 2024
Tangible assets
196,268
197,732
Cash at bank and in hand
160,440
139,778
Creditors: amounts falling due within one year
(52,282)
(46,051)
Net current assets
116,532
103,994
Total assets less current liabilities
312,800
301,726
Provisions for liabilities
Deferred tax
(1,097)
(1,097)
Net assets
311,703
300,629
Called up share capital
100
100
Revaluation reserve
44,507
44,507
Profit and loss account
267,096
256,022
Shareholders' funds
311,703
300,629
For the year ending 30 April 2024 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 October 2024 and were signed on its behalf by
Mr I Tiley-Nunn
Director
Company Registration No. 02413809
T.N. ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
T.N. ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 02413809. The registered office is LARKVALE STUD GRUNDISBURGH ROAD, CLOPTON, WOODBRIDGE, SUFFOLK, IP13 6QE.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight line
Plant & machinery
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Other
T.N. ASSOCIATES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
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Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
215,390
13,419
20,096
248,905
At 30 April 2024
215,390
14,752
20,096
250,238
At 1 May 2023
22,878
13,206
15,089
51,173
Charge for the year
1,748
387
662
2,797
At 30 April 2024
24,626
13,593
15,751
53,970
At 30 April 2024
190,764
1,159
4,345
196,268
At 30 April 2023
192,512
213
5,007
197,732
Amounts falling due within one year
Accrued income and prepayments
1,031
1,429
7
Creditors: amounts falling due within one year
2024
2023
Loans from directors
49,963
42,041
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Average number of employees
During the year the average number of employees was 2 (2023: 2).