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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
Page
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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
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T.N. ASSOCIATES LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
196,268 
197,732 
Current assets
Debtors
8,374 
10,267 
Cash at bank and in hand
160,440 
139,778 
168,814 
150,045 
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 
Capital and reserves
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
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T.N. ASSOCIATES LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
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.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2023
3,757 
At 30 April 2024
3,757 
Amortisation
At 1 May 2023
3,757 
At 30 April 2024
3,757 
Net book value
At 30 April 2024
- 
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T.N. ASSOCIATES LIMITED Notes to the Accounts for the year ended 30 April 2024
5
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 
Additions
- 
1,333 
- 
1,333 
At 30 April 2024
215,390 
14,752 
20,096 
250,238 
Depreciation
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 
Net book value
At 30 April 2024
190,764 
1,159 
4,345 
196,268 
At 30 April 2023
192,512 
213 
5,007 
197,732 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,343 
8,838 
Accrued income and prepayments
1,031 
1,429 
8,374 
10,267 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,769 
2,346 
Trade creditors
- 
1,114 
Loans from directors
49,963 
42,041 
Accruals
550 
550 
52,282 
46,051 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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