Acorah Software Products - Accounts Production 16.1.200 false true true false 17 January 2023 31 January 2024 31 January 2024 14596622 Vyson Sivanathan Jessica Sivanathan TNK Properties Holding Limited Censeo House, 6 St. Peter's Street, St. Albans, United Kingdom true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14596622 2023-01-16 14596622 2024-01-31 14596622 2023-01-17 2024-01-31 14596622 frs-core:CurrentFinancialInstruments 2024-01-31 14596622 frs-core:ComputerEquipment 2024-01-31 14596622 frs-core:ComputerEquipment 2023-01-17 2024-01-31 14596622 frs-core:ComputerEquipment 2023-01-16 14596622 frs-core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2023-01-17 2024-01-31 14596622 frs-core:OtherResidualIntangibleAssets 2024-01-31 14596622 frs-core:OtherResidualIntangibleAssets 2023-01-17 2024-01-31 14596622 frs-core:OtherResidualIntangibleAssets 2023-01-16 14596622 frs-core:PlantMachinery 2024-01-31 14596622 frs-core:PlantMachinery 2023-01-17 2024-01-31 14596622 frs-core:PlantMachinery 2023-01-16 14596622 frs-core:ShareCapital 2024-01-31 14596622 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 14596622 frs-bus:PrivateLimitedCompanyLtd 2023-01-17 2024-01-31 14596622 frs-bus:FilletedAccounts 2023-01-17 2024-01-31 14596622 frs-bus:SmallEntities 2023-01-17 2024-01-31 14596622 frs-bus:AuditExempt-NoAccountantsReport 2023-01-17 2024-01-31 14596622 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-17 2024-01-31 14596622 1 2023-01-17 2024-01-31 14596622 frs-bus:Director1 2023-01-17 2024-01-31 14596622 frs-bus:Director2 2023-01-17 2024-01-31 14596622 frs-countries:EnglandWales 2023-01-17 2024-01-31
Registered number: 14596622
TNK Eateries Ltd
Unaudited Financial Statements
For the Period 17 January 2023 to 31 January 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 14596622
31 January 2024
Notes £ £
FIXED ASSETS
Intangible Assets 4 2,400
Tangible Assets 5 66,077
68,477
CURRENT ASSETS
Debtors 6 1,287
Cash at bank and in hand 23,266
24,553
Creditors: Amounts Falling Due Within One Year 7 (200,200 )
NET CURRENT ASSETS (LIABILITIES) (175,647 )
TOTAL ASSETS LESS CURRENT LIABILITIES (107,170 )
NET LIABILITIES (107,170 )
CAPITAL AND RESERVES
Called up share capital 8 100
Profit and Loss Account (107,270 )
SHAREHOLDERS' FUNDS (107,170)
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For the period ending 31 January 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Vyson Sivanathan
Director
16 September 2024
The notes on pages 3 to 5 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
TNK Eateries Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14596622 . The registered office is Censeo House , 6 St Peter's Street, St Albans, AL1 3LF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern. The directors believe that the company would have sufficient resources to continue to trade for foreseeable future.
2.3. Turnover
Revenue is recognised to the extent that the company obtains the right to consideration in exchange for its performance. Revenue is measured at the fair value of the consideration received, excluding discounts, rebates, VAT and other sales taxes or duty. The following criteria must also be met before revenue is recognised:
Sale of goods
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer, usually on dispatch of the goods, the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.
2.4. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible asset include Franchise Fees. It has been amortised to profit and loss account over its estimated economic life of 5 years.
2.5. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% on Written Down Value
Computer Equipment 15% on Written Down Value
3. Average Number of Employees
Average number of employees, including directors, during the period was: 2
2
Page 3
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4. Intangible Assets
Franchise
£
Cost
As at 17 January 2023 -
Additions 3,000
As at 31 January 2024 3,000
Amortisation
As at 17 January 2023 -
Provided during the period 600
As at 31 January 2024 600
Net Book Value
As at 31 January 2024 2,400
As at 17 January 2023 -
5. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 17 January 2023 - - -
Additions 72,804 4,933 77,737
As at 31 January 2024 72,804 4,933 77,737
Depreciation
As at 17 January 2023 - - -
Provided during the period 10,920 740 11,660
As at 31 January 2024 10,920 740 11,660
Net Book Value
As at 31 January 2024 61,884 4,193 66,077
As at 17 January 2023 - - -
6. Debtors
31 January 2024
£
Due within one year
Prepayments and accrued income 1,287
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7. Creditors: Amounts Falling Due Within One Year
31 January 2024
£
VAT 718
Accruals and deferred income 3,760
Directors' loan accounts 185,722
Amounts owed to parent undertaking 5,000
Amounts owed to related parties 5,000
200,200
8. Share Capital
31 January 2024
£
Allotted, Called up and fully paid 100
9. Related Party Transactions
Included in creditors due within one year is an amount of £185,722 that is owed to the directors of the company. The amount is unsecured, interest-free and repayable on demand.
Included in creditors due within one year is an amount of £5,000 that is owed to its parent undertaking. The amount is unsecured, interest-free and repayable on demand.
Included in creditors due within one year is an amount of £5,000 that is owed to a related party. The amount is unsecured, interest-free and repayable on demand.
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is TNK Properties Holding Limited . TNK Properties Holding Limited was incorporated in England and Wales. Copies of the parent company's financial statements may be obtained from the secretary, Censeo House, 6 St. Peter's Street, St. Albans, United Kingdom
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