Company Registration No. 03997570 (England and Wales)
TNT THEATRE LTD
Unaudited accounts
for the year ended 31 May 2024
TNT THEATRE LTD
Unaudited accounts
Contents
TNT THEATRE LTD
Company Information
for the year ended 31 May 2024
Directors
Christopher Paul Stebbings
Philip Richard Smith
Secretary
Christopher Paul Stebbings
Company Number
03997570 (England and Wales)
Registered Office
4 Dundonald Street
Plymouth
Devon
PL2 1EJ
ENGLAND
TNT THEATRE LTD
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
2,860
-
Creditors: amounts falling due within one year
(8,760)
(5,364)
Net current liabilities
(5,900)
(5,364)
Net liabilities
(5,761)
(5,087)
Profit and loss account
(5,761)
(5,087)
Members' funds
(5,761)
(5,087)
For the year ending 31 May 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by
Christopher Paul Stebbings
Director
Company Registration No. 03997570
TNT THEATRE LTD
Notes to the Accounts
for the year ended 31 May 2024
TNT THEATRE LTD is a private company, limited by guarantee, registered in England and Wales, registration number 03997570. The registered office is 4 Dundonald Street , Plymouth, Devon, PL2 1EJ , ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 Years Straight Line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
TNT THEATRE LTD
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,815
2,568
Loans from directors
2,270
2,121
6
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).