IRIS Accounts Production v24.3.2.46 07088618 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070886182023-03-31070886182024-03-31070886182023-04-012024-03-31070886182022-03-31070886182022-04-012023-03-31070886182023-03-3107088618ns15:EnglandWales2023-04-012024-03-3107088618ns14:PoundSterling2023-04-012024-03-3107088618ns10:Director12023-04-012024-03-3107088618ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107088618ns10:SmallEntities2023-04-012024-03-3107088618ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107088618ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107088618ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107088618ns10:FullAccounts2023-04-012024-03-3107088618ns10:CompanySecretary12023-04-012024-03-3107088618ns10:RegisteredOffice2023-04-012024-03-3107088618ns5:CurrentFinancialInstruments2024-03-3107088618ns5:CurrentFinancialInstruments2023-03-3107088618ns5:ShareCapital2024-03-3107088618ns5:ShareCapital2023-03-3107088618ns5:RetainedEarningsAccumulatedLosses2024-03-3107088618ns5:RetainedEarningsAccumulatedLosses2023-03-3107088618ns5:PlantMachinery2023-04-012024-03-3107088618ns5:PlantMachinery2023-03-3107088618ns5:PlantMachinery2024-03-3107088618ns5:PlantMachinery2023-03-3107088618ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107088618ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: 07088618 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Tonebond Limited

Tonebond Limited (Registered number: 07088618)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tonebond Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr M Bell





SECRETARY: Mrs E Bell





REGISTERED OFFICE: Lavender House
47 Glen Road
Castle Bytham
Grantham
Lincolnshire
NG33 4RJ





REGISTERED NUMBER: 07088618 (England and Wales)





ACCOUNTANTS: Douglas Shaw Limited
7 Brenkley Way
Blezard Business Park
Seaton Burn
Tyne and Wear
NE13 6DS

Tonebond Limited (Registered number: 07088618)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,046 25,843

CURRENT ASSETS
Debtors 5 54,919 80,585
Cash at bank 263,009 233,131
317,928 313,716
CREDITORS
Amounts falling due within one year 6 37,850 60,104
NET CURRENT ASSETS 280,078 253,612
TOTAL ASSETS LESS CURRENT
LIABILITIES

304,124

279,455

PROVISIONS FOR LIABILITIES 6,012 4,910
NET ASSETS 298,112 274,545

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 298,111 274,544
298,112 274,545

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 director acknowledges his 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.

Tonebond Limited (Registered number: 07088618)

Balance Sheet - continued
31 March 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 January 2025 and were signed by:





Mr M Bell - Director


Tonebond Limited (Registered number: 07088618)

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

1. STATUTORY INFORMATION

Tonebond 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.
Fixtures, fittings & equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

Tonebond Limited (Registered number: 07088618)

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

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
& equipment
£   
COST
At 1 April 2023 42,696
Additions 6,218
At 31 March 2024 48,914
DEPRECIATION
At 1 April 2023 16,853
Charge for year 8,015
At 31 March 2024 24,868
NET BOOK VALUE
At 31 March 2024 24,046
At 31 March 2023 25,843

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 45,396 79,161
Other debtors 7,500 -
Tax 565 -
Prepayments and accrued income 1,458 1,424
54,919 80,585

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 2,936 120
Tax 18,502 44,719
Social security and other taxes 6,102 10,051
Other creditors 8,821 3,649
Directors' loan accounts 114 315
Accruals and deferred income 1,375 1,250
37,850 60,104