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REGISTERED NUMBER: 10826489 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

TYSTIE LTD

TYSTIE LTD (REGISTERED NUMBER: 10826489)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TYSTIE LTD

COMPANY INFORMATION
For The Year Ended 31 March 2024







DIRECTORS: Mrs S Saville
Mr M Saville





REGISTERED OFFICE: Adelaide House
47 Blunham Road
Chalton
Moggerhanger
Bedfordshire
MK44 3RA





REGISTERED NUMBER: 10826489 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

TYSTIE LTD (REGISTERED NUMBER: 10826489)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 390,000 350,556

CURRENT ASSETS
Cash at bank 16,849 45,503

CREDITORS
Amounts falling due within one year 5 13,680 13,948
NET CURRENT ASSETS 3,169 31,555
TOTAL ASSETS LESS CURRENT LIABILITIES 393,169 382,111

CREDITORS
Amounts falling due after more than one
year

6

314,780

350,000
NET ASSETS 78,389 32,111

CAPITAL AND RESERVES
Called up share capital 7 2,000 2,000
Revaluation reserve 8 39,444 -
Retained earnings 36,945 30,111
SHAREHOLDERS' FUNDS 78,389 32,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

TYSTIE LTD (REGISTERED NUMBER: 10826489)

BALANCE SHEET - continued
31 March 2024


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 15 October 2024 and were signed on its behalf by:





Mrs S Saville - Director


TYSTIE LTD (REGISTERED NUMBER: 10826489)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

Tystie 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, 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.
Freehold property - Straight line over 2 to 6 years

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

TYSTIE LTD (REGISTERED NUMBER: 10826489)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST OR VALUATION
At 1 April 2023 350,556
Revaluations 39,444
At 31 March 2024 390,000
NET BOOK VALUE
At 31 March 2024 390,000
At 31 March 2023 350,556

The asset held is a property purchased by the company during the period ended 31.3.18 as a furnished holiday let it is shown at cost including the integral features.

Cost or valuation at 31 March 2024 is represented by:

Freehold
property
£   
Valuation in 2024 39,444
Cost 350,556
390,000

Land and Property were valued on an open market basis on 31 March 2024 by The director .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 1,615 2,000
Directors' loan accounts 10,134 10,134
Accrued expenses 1,931 1,814
13,680 13,948

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 314,780 350,000

The funds are those invested by the directors to purchase the property, repayment terms & interest payable will determined in due course.

TYSTIE LTD (REGISTERED NUMBER: 10826489)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1,000 Ordinary 1 1,000 1,000
500 A shares 1 500 500
500 B shares 1 500 500
2,000 2,000

8. RESERVES
Revaluation
reserve
£   
Property Revaluation 39,444

At 31 March 2024 39,444

9. ULTIMATE CONTROLLING PARTY

The company is under the control of S Saville and M Saville who own 50% of the share capital.