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REGISTERED NUMBER: 00763925 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Tonic Investments Limited

Tonic Investments Limited (Registered number: 00763925)

Contents of the Financial Statements
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Tonic Investments Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mr A Edel
Mrs R Edel





REGISTERED OFFICE: 5 North End Road
London
NW11 7RJ





REGISTERED NUMBER: 00763925 (England and Wales)





ACCOUNTANTS: Martin+Heller
5 North End Road
London
NW11 7RJ

Tonic Investments Limited (Registered number: 00763925)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £ £ £ £
FIXED ASSETS
Investment property 4 150,000 150,000

CURRENT ASSETS
Debtors 5 131,409 119,297

CREDITORS
Amounts falling due within one year 6 14,010 10,715
NET CURRENT ASSETS 117,399 108,582
TOTAL ASSETS LESS CURRENT
LIABILITIES

267,399

258,582

PROVISIONS FOR LIABILITIES 7 17,160 13,042
NET ASSETS 250,239 245,540

CAPITAL AND RESERVES
Called up share capital 8 2 2
Non distributable reserves 9 127,241 131,359
Retained earnings 9 122,996 114,179
SHAREHOLDERS' FUNDS 250,239 245,540

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.

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 25 December 2024 and were signed on its behalf by:



Mr A Edel - Director


Tonic Investments Limited (Registered number: 00763925)

Notes to the Financial Statements
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Tonic Investments 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents gross rental income.


Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INVESTMENT PROPERTY
Total
£
FAIR VALUE
At 1 April 2023
and 31 March 2024 150,000
NET BOOK VALUE
At 31 March 2024 150,000
At 31 March 2023 150,000

Fair value at 31 March 2024 is represented by:
£
Valuation in 2013 54,401
Valuation in 2017 90,000
Cost 5,599
150,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Amounts owed by group undertakings 131,409 119,297

Tonic Investments Limited (Registered number: 00763925)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade creditors - (1 )
Amounts owed to group undertakings 400 400
Taxation and social security 11,410 7,316
Other creditors 2,200 3,000
14,010 10,715

7. PROVISIONS FOR LIABILITIES
31.3.24 31.3.23
£ £
Deferred tax 17,160 13,042

Deferred tax
£
Balance at 1 April 2023 13,042
Provided during year 4,118
Balance at 31 March 2024 17,160

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £ £
2 Ordinary shares £1 2 2

9. RESERVES
Non
Retained distributable
earnings reserves Totals
£ £ £

At 1 April 2023 114,179 131,359 245,538
Profit for the year 4,699 4,699
Deferred tax 4,118 (4,118 ) -
At 31 March 2024 122,996 127,241 250,237