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REGISTERED NUMBER: 10247215 (England and Wales)























Unaudited Financial Statements

for the Year Ended 30 June 2024

for

TY NI 27 Ltd

TY NI 27 Ltd (Registered number: 10247215)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


TY NI 27 Ltd

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mr J B Morgan
Mrs J M Morgan
Mr T R C Morgan
Mr R W C Morgan





REGISTERED OFFICE: Fairview
45 Lower Lane
Longridge
Preston
Lancashire
PR3 3SQ





REGISTERED NUMBER: 10247215 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
BTC House
Chapel Hill
Longridge
Preston
Lancashire
PR3 3JY

TY NI 27 Ltd (Registered number: 10247215)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £   
CURRENT ASSETS
Investments 4 269,704 249,799
Cash at bank 67,470 73,557
337,174 323,356
CREDITORS
Amounts falling due within one year 5 10,004 11,384
NET CURRENT ASSETS 327,170 311,972
TOTAL ASSETS LESS CURRENT
LIABILITIES

327,170

311,972

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 327,069 311,871
327,170 311,972

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2024 and were signed on its behalf by:





Mrs J M Morgan - Director


TY NI 27 Ltd (Registered number: 10247215)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. STATUTORY INFORMATION

TY NI 27 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

TY NI 27 Ltd (Registered number: 10247215)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


2. ACCOUNTING POLICIES - continued

Financial assets
Financial assets are initially recognised at transaction price when the company becomes party to contractual obligations. The transaction price used includes transaction costs unless the asset is being fair valued through the income statement.

The subsequent measurement of financial assets depends on their classification. Trading securities are subsequently measured at fair value, with unrealised gains and losses being recognised in other income. Financial assets where changes in fair value are charged (or credited) to the income statement are subsequently measured at fair value. Realised and unrealised gains and losses arising from changes in the fair value of the investments are included in the income statement in the period in which they arise. Fair value is based on the market values at the financial period end date as provided by the fund managers.

Investment returns
Investment return includes dividends, interest, gains and losses on the realisation of assets and unrealised gains and losses. Such income includes any withholding tax but excludes other tax credits, such as attributable tax credits. Income from fixed-interest securities together with interest, and associated expenses are accounted for in the period in which they accrue. Dividends are included in the income statement when the securities are listed as ex-dividend. Realised gains or losses on investments are calculated as the difference between the net sale proceeds and original cost. Unrealised gains and losses on investments represent the difference between the valuation of investments at the balance sheet date and their original cost, or if they have been previously fair valued, the valuation at the last balance sheet date.

Current asset investments
Investments in quoted equity instruments held within a managed portfolio are measured at fair value. Fair value is based on the market values at the financial period end date as provided by the fund managers.

Unlisted investments whose fair value cannot be measured reliably are measured at cost less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. CURRENT ASSET INVESTMENTS
30.6.24 30.6.23
£    £   
Listed investments 267,909 248,004
Unlisted investments 1,795 1,795
269,704 249,799
Market value of listed investments at 30 June 2024 - £ 267,909 (2023 - £ 248,004 ).

Unlisted investments have been assessed for impairment and restated accordingly.

TY NI 27 Ltd (Registered number: 10247215)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Directors' loan accounts 9,004 10,384
Accrued expenses 1,000 1,000
10,004 11,384

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

30.6.24 30.6.23
£    £   
Mr J B Morgan
Balance outstanding at start of year (10,384 ) 76,118
Amounts advanced - 58
Amounts repaid (1,620 ) (86,560 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (12,004 ) (10,384 )