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REGISTERED NUMBER: 08499527 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31st March 2024

for

TUNNEL LINING SYSTEMS LIMITED

TUNNEL LINING SYSTEMS LIMITED (REGISTERED NUMBER: 08499527)

Contents of the Financial Statements
for the year ended 31st March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TUNNEL LINING SYSTEMS LIMITED

Company Information
for the year ended 31st March 2024







DIRECTORS: Mr M J Morley
Mr G J Raven





REGISTERED OFFICE: Monometer House
Rectory Grove
Leigh on Sea
Essex
SS9 2HL





REGISTERED NUMBER: 08499527 (England and Wales)






TUNNEL LINING SYSTEMS LIMITED (REGISTERED NUMBER: 08499527)

Balance Sheet
31st March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 82,504 85,833
Cash at bank and in hand 501 480
83,005 86,313
CREDITORS
Amounts falling due within one year 5 375 3,683
NET CURRENT ASSETS 82,630 82,630
TOTAL ASSETS LESS CURRENT
LIABILITIES

82,630

82,630

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings 82,510 82,510
SHAREHOLDERS' FUNDS 82,630 82,630

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

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

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th November 2024 and were signed on its behalf by:





Mr M J Morley - Director


TUNNEL LINING SYSTEMS LIMITED (REGISTERED NUMBER: 08499527)

Notes to the Financial Statements
for the year ended 31st March 2024


1. STATUTORY INFORMATION

Tunnel Lining Systems Limited 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.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors
Basic financial assets, including trade and other debtors, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method, less any impairment.

Creditors
Basic financial liabilities, including trade and other creditors, loans from third parties and loans from related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Such instruments are subsequently carried at amortised cost using effective interest method, less any impairment.

Cash and cash equivalents
Cash and cash equivalents are represented by cash in hand, deposits held at call with financial institutions, and other short-term highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amount of cash with insignificant risk of change in value.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 82,504 85,833

TUNNEL LINING SYSTEMS LIMITED (REGISTERED NUMBER: 08499527)

Notes to the Financial Statements - continued
for the year ended 31st March 2024


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 420
Other creditors 375 3,263
375 3,683

6. RELATED PARTY DISCLOSURES

As at the balance sheet date there were directors current accounts totalling £Nil (2023: £2,888).