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REGISTERED NUMBER: 05570883 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 5 MAY 2024

FOR

TMN CONTRACTORS LIMITED

TMN CONTRACTORS LIMITED (REGISTERED NUMBER: 05570883)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 MAY 2024




Page

Company Information 1

Chartered Certified Accountant's Report 2

Balance Sheet 3

Notes to the Financial Statements 5


TMN CONTRACTORS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 5 MAY 2024







DIRECTORS: T Nikolov
A G B Waterlow





SECRETARY: Ms S Shegunova





REGISTERED OFFICE: Prima House
Faraday Way
Orpington
Kent
BR5 3QW





REGISTERED NUMBER: 05570883 (England and Wales)





ACCOUNTANT: Courts & Co.
Lescott Courts Limited
Chartered Certified Accountants
49 High Street
Burnham on Crouch
Essex
CM0 8AG

CHARTERED CERTIFIED ACCOUNTANT'S REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
TMN CONTRACTORS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Tmn Contractors Limited for the year ended 5 May 2024 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Tmn Contractors Limited, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Tmn Contractors Limited and state those matters that I have agreed to state to the Board of Directors of Tmn Contractors Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that Tmn Contractors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tmn Contractors Limited. You consider that Tmn Contractors Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Tmn Contractors Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.






Courts & Co.
Lescott Courts Limited
Chartered Certified Accountants
49 High Street
Burnham on Crouch
Essex
CM0 8AG


22 January 2025

TMN CONTRACTORS LIMITED (REGISTERED NUMBER: 05570883)

BALANCE SHEET
5 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 116,793 142,124

CURRENT ASSETS
Debtors 5 2,857,266 1,965,621
Cash at bank and in hand 81,982 595,086
2,939,248 2,560,707
CREDITORS
Amounts falling due within one year 6 1,614,899 1,092,249
NET CURRENT ASSETS 1,324,349 1,468,458
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,441,142

1,610,582

CREDITORS
Amounts falling due after more than one
year

7

189,022

327,612
NET ASSETS 1,252,120 1,282,970

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,252,020 1,282,870
SHAREHOLDERS' FUNDS 1,252,120 1,282,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 May 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.

TMN CONTRACTORS LIMITED (REGISTERED NUMBER: 05570883)

BALANCE SHEET - continued
5 MAY 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 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 22 January 2025 and were signed on its behalf by:





T Nikolov - Director


TMN CONTRACTORS LIMITED (REGISTERED NUMBER: 05570883)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 MAY 2024

1. STATUTORY INFORMATION

Tmn Contractors 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 18% on reducing balance

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 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

TMN CONTRACTORS LIMITED (REGISTERED NUMBER: 05570883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 6 May 2023 237,914
Additions 22,495
Disposals (25,990 )
At 5 May 2024 234,419
DEPRECIATION
At 6 May 2023 95,790
Charge for year 26,514
Eliminated on disposal (4,678 )
At 5 May 2024 117,626
NET BOOK VALUE
At 5 May 2024 116,793
At 5 May 2023 142,124

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 6 May 2023 182,397
Additions 22,495
At 5 May 2024 204,892
DEPRECIATION
At 6 May 2023 52,456
Charge for year 13,335
At 5 May 2024 65,791
NET BOOK VALUE
At 5 May 2024 139,101
At 5 May 2023 129,941

5. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 217,728 37,224
Amounts recoverable on contract 1,149,221 370,866
Other debtors 2,252 113,967
1,369,201 522,057

TMN CONTRACTORS LIMITED (REGISTERED NUMBER: 05570883)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 5 MAY 2024

5. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Other debtors 1,488,065 1,443,564

Aggregate amounts 2,857,266 1,965,621

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 89,444 -
Hire purchase contracts 17,266 15,748
Trade creditors 340,496 458,801
Taxation and social security 127,612 112,953
Other creditors 1,040,081 504,747
1,614,899 1,092,249

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 146,685 268,009
Hire purchase contracts 42,337 59,603
189,022 327,612

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 5 May 2024 and 5 May 2023:

2024 2023
£    £   
T Nikolov
Balance outstanding at start of year 34,993 (310 )
Amounts advanced - 35,303
Amounts repaid (46,699 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (11,706 ) 34,993

9. ULTIMATE CONTROLLING PARTY

The controlling party is T Nikolov.