Registered number
05753273
Tenbury Secretaries Ltd
Report and Accounts
31 December 2024
Tenbury Secretaries Ltd
Registered number: 05753273
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 20,002 20,066
Cash at bank and in hand 235,747 200,379
255,749 220,445
Creditors: amounts falling due within one year 4 (10,473) (10,522)
Net current assets 245,276 209,923
Net assets 245,276 209,923
Capital and reserves
Called up share capital 100 100
Profit and loss account 245,176 209,823
Shareholder's funds 245,276 209,923
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Lasse
Director
Approved by the board on 24 March 2025
Tenbury Secretaries Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company - -
3 Debtors 2024 2023
£ £
Trade debtors 802 3,566
Other debtors 19,200 16,500
20,002 20,066
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 143 271
Taxation and social security costs 10,330 9,038
Other creditors - 1,213
10,473 10,522
5 Loans to directors
Description and conditions B/fwd Paid Repaid C/fwd
£ £ £ £
D Lasse
Interest free loan 10,000 - - 10,000
10,000 - - 10,000
6 Related party transactions
As at 31 December 2024, there is an outstanding interest free loan for an amount of £10,000 to David Lasse, the director of the company. The balance due at year end is £10,000. There are no repayment terms for the loan.
7 Controlling party
Tenbury Holding Ltd controls the company by virtue of its 100% shareholding. D Lasse, a director, controls Tenbury Holding Ltd by vitue of his 100% shareholding.
8 Other information
Tenbury Secretaries Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Brenchley House
Brenchley Mews
Charing
Kent
TN27 0JW
Tenbury Secretaries Ltd 05753273 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts July 2024 D Lasse No description of principal activity 05753273 2023-01-01 2023-12-31 05753273 core:WithinOneYear 2023-12-31 05753273 core:ShareCapital 2023-12-31 05753273 core:RetainedEarningsAccumulatedLosses 2023-12-31 05753273 2024-01-01 2024-12-31 05753273 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 05753273 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 05753273 bus:Director40 2024-01-01 2024-12-31 05753273 1 2024-01-01 2024-12-31 05753273 2 2024-01-01 2024-12-31 05753273 bus:Director1 2024-01-01 2024-12-31 05753273 bus:Director1 1 2024-01-01 2024-12-31 05753273 countries:England 2024-01-01 2024-12-31 05753273 bus:FRS102 2024-01-01 2024-12-31 05753273 bus:FilletedAccounts 2024-01-01 2024-12-31 05753273 2024-12-31 05753273 core:WithinOneYear 2024-12-31 05753273 core:ShareCapital 2024-12-31 05753273 core:RetainedEarningsAccumulatedLosses 2024-12-31 05753273 bus:Director1 1 2024-12-31 05753273 2023-12-31 05753273 bus:Director1 1 2023-12-31 iso4217:GBP xbrli:pure