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REGISTERED NUMBER: 08289671 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TOM HIRST LIMITED

TOM HIRST LIMITED (REGISTERED NUMBER: 08289671)






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


TOM HIRST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: T J Hirst





REGISTERED OFFICE: 390 Barnsley Road
Sandal
Wakefield
West Yorkshire
WF2 6BW





REGISTERED NUMBER: 08289671 (England and Wales)





ACCOUNTANTS: Seaman Herbert & Co
36 - 40 Doncaster Road
Barnsley
South Yorkshire
S70 1TL

TOM HIRST LIMITED (REGISTERED NUMBER: 08289671)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 142,205 -
Tangible assets 5 7,407 5,544
149,612 5,544

CURRENT ASSETS
Debtors 6 - 3,000
Cash at bank 284,524 166,749
284,524 169,749
CREDITORS
Amounts falling due within one year 7 69,781 31,900
NET CURRENT ASSETS 214,743 137,849
TOTAL ASSETS LESS CURRENT
LIABILITIES

364,355

143,393

PROVISIONS FOR LIABILITIES 8 1,852 1,053
NET ASSETS 362,503 142,340

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 62,210 -
Retained earnings 300,193 142,240
SHAREHOLDERS' FUNDS 362,503 142,340

TOM HIRST LIMITED (REGISTERED NUMBER: 08289671)

BALANCE SHEET - continued
31 MARCH 2024


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.

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 24 March 2025 and were signed by:





T J Hirst - Director


TOM HIRST LIMITED (REGISTERED NUMBER: 08289671)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Tom Hirst 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Crypto assets are revalued annually at balance sheet date based on market data.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - at varying rates on cost
Computer equipment - at varying rates on cost

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.

Hire purchase and leasing commitments
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 2 (2023 - 2 ) .

TOM HIRST LIMITED (REGISTERED NUMBER: 08289671)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. INTANGIBLE FIXED ASSETS
Crypto
assets
£   
COST OR VALUATION
Additions 79,995
Revaluations 62,210
At 31 March 2024 142,205
NET BOOK VALUE
At 31 March 2024 142,205

Cost or valuation at 31 March 2024 is represented by:

Crypto
assets
£   
Valuation in 2024 62,210
Cost 79,995
142,205

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 - 18,075 18,075
Additions 1,510 2,666 4,176
At 31 March 2024 1,510 20,741 22,251
DEPRECIATION
At 1 April 2023 - 12,531 12,531
Charge for year 491 1,822 2,313
At 31 March 2024 491 14,353 14,844
NET BOOK VALUE
At 31 March 2024 1,019 6,388 7,407
At 31 March 2023 - 5,544 5,544

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 3,000

TOM HIRST LIMITED (REGISTERED NUMBER: 08289671)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Tax 67,260 31,429
Social security and other taxes (291 ) (562 )
Directors' current accounts 1,813 1,033
Accrued expenses 999 -
69,781 31,900

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 1,852 1,053

Deferred
tax
£   
Balance at 1 April 2023 1,053
Provided during year 799
Movement in the year
Balance at 31 March 2024 1,852

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
99 Ordinary £1 99 99
1 Ordinary A £1 1 1
100 100

10. RESERVES
Revaluation
reserve
£   
Transfer between reserves 62,210

At 31 March 2024 62,210

11. ULTIMATE CONTROLLING PARTY

The controlling party is T J Hirst.