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REGISTERED NUMBER: 10813181 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

T Moody Management Limited

T Moody Management Limited (Registered number: 10813181)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T Moody Management Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: T Moody
M Hill-Moody





REGISTERED OFFICE: 8 Meridian Road
Bristol
BS6 6EG





REGISTERED NUMBER: 10813181 (England and Wales)





ACCOUNTANTS: Verinder Powell Associates Ltd
Suite 5 Corum 2
Corum Office Park
Crown Way
Warmley
Bristol
BS30 8FJ

T Moody Management Limited (Registered number: 10813181)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,597 1,597

CURRENT ASSETS
Debtors 5 27,559 17,222
Cash at bank 33,599 57,256
61,158 74,478
CREDITORS
Amounts falling due within one year 6 62,336 61,508
NET CURRENT (LIABILITIES)/ASSETS (1,178 ) 12,970
TOTAL ASSETS LESS CURRENT LIABILITIES 419 14,567

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 319 14,467
419 14,567

T Moody Management Limited (Registered number: 10813181)

Balance Sheet - continued
30 June 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

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 Board of Directors and authorised for issue on 23 March 2025 and were signed on its behalf by:





T Moody - Director


T Moody Management Limited (Registered number: 10813181)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

T Moody Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

There have been no material departures from the Financial Reporting Standard 102 1A.

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

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

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.


T Moody Management Limited (Registered number: 10813181)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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.

Foreign currency transactions and balances
Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Going concern
The directors are satisfied that the company has adequate resources to continue to operate for the forseeable future. They have therefore prepared the financial statements on a going concern basis.

Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3. EMPLOYEES AND DIRECTORS

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

T Moody Management Limited (Registered number: 10813181)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. INVESTMENTS
Interest
in joint
venture
£   
COST
At 1 July 2023
and 30 June 2024 1,597
NET BOOK VALUE
At 30 June 2024 1,597
At 30 June 2023 1,597

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 27,559 17,222

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Taxation and social security 56,258 58,468
Other creditors 6,078 3,040
62,336 61,508

T Moody Management Limited (Registered number: 10813181)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. RELATED PARTY DISCLOSURES

Loans from related parties



Key
management


Total
2024 £ £
At start of period - -
Advanced 2,538 2,538
Repaid - -
At end of period 2,538 2,538


Key
management


Total
2023 £ £
At start of period - -
Advanced - -
Repaid - -
At end of period - -

The loans from key management are interest free and repayable on demand.

T Moody Management Limited (Registered number: 10813181)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. RELATED PARTY DISCLOSURES - continued

Loans to related parties



Other related
parties

Key
management


Total
2024 £ £ £
At start of period - 6,075 6,075
Advanced - 6,411 6,411
Repaid - (12,486 ) (12,486 )
At end of period - - -


Other related
parties

Key
management


Total
2023 £ £ £
At start of the period 2,149 147 2,296
Advanced - 8,804 8,804
Repaid (1,954 ) (2,876 ) (4,830 )
Impairment (195 ) - (195 )
At end of period - 6,075 6,075

Loans to other related parties are interest free and repayable on demand.

Loans to key management are repayable on demand and interest is charged at the HMRC prevailing rate on overdrawn balances which exceed £10,000.