Silverfin false false 31/07/2024 01/08/2023 31/07/2024 A M Stacey 27/11/2023 J Tuersley 09/10/2023 15/10/2016 25 April 2025 The principal activity of the Company during the financial year was that of marketing, management and other professional services. 03403961 2024-07-31 03403961 bus:Director1 2024-07-31 03403961 bus:Director2 2024-07-31 03403961 core:CurrentFinancialInstruments 2024-07-31 03403961 core:CurrentFinancialInstruments 2023-07-31 03403961 2023-07-31 03403961 core:ShareCapital 2024-07-31 03403961 core:ShareCapital 2023-07-31 03403961 core:RetainedEarningsAccumulatedLosses 2024-07-31 03403961 core:RetainedEarningsAccumulatedLosses 2023-07-31 03403961 core:RemainingRelatedParties core:CurrentFinancialInstruments 2024-07-31 03403961 core:RemainingRelatedParties core:CurrentFinancialInstruments 2023-07-31 03403961 core:OtherMembersGroupNotDefinedElsewhere core:CurrentFinancialInstruments 2024-07-31 03403961 core:OtherMembersGroupNotDefinedElsewhere core:CurrentFinancialInstruments 2023-07-31 03403961 2023-08-01 2024-07-31 03403961 bus:FilletedAccounts 2023-08-01 2024-07-31 03403961 bus:SmallEntities 2023-08-01 2024-07-31 03403961 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 03403961 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 03403961 bus:Director1 2023-08-01 2024-07-31 03403961 bus:Director2 2023-08-01 2024-07-31 03403961 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure

Company No: 03403961 (England and Wales)

TCI ADMINISTRATION LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2024
Pages for filing with the registrar

TCI ADMINISTRATION LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2024

Contents

TCI ADMINISTRATION LIMITED

BALANCE SHEET

As at 31 July 2024
TCI ADMINISTRATION LIMITED

BALANCE SHEET (continued)

As at 31 July 2024
Note 2024 2023
£ £
Current assets
Debtors 3 67,858 66,293
Cash at bank and in hand 796 513
68,654 66,806
Creditors: amounts falling due within one year 4 ( 346,359) ( 313,761)
Net current liabilities (277,705) (246,955)
Total assets less current liabilities (277,705) (246,955)
Net liabilities ( 277,705) ( 246,955)
Capital and reserves
Called-up share capital 100 100
Profit and loss account ( 277,805 ) ( 247,055 )
Total shareholder's deficit ( 277,705) ( 246,955)

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of TCI Administration Limited (registered number: 03403961) were approved and authorised for issue by the Director on 25 April 2025. They were signed on its behalf by:

A M Stacey
Director
TCI ADMINISTRATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
TCI ADMINISTRATION LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

TCI Administration Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom. The principal place of business is 1 Lansdowne Place, 17 Holdenhurst Road, Bournemouth, Dorset, BH8 8EW.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director notes that the business has net liabilities of £277,705. The Company is supported through loans provided by companies related to the shareholder. The director has confirmed with the shareholder that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements. Given the current position, the director believes that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents amounts chargeable in respect of management charges.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 3 3

3. Debtors

2024 2023
£ £
Amounts owed by related parties 34,148 33,868
Other debtors 33,710 32,425
67,858 66,293

4. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 212 1,143
Amounts owed to connected persons 75,423 72,000
Amounts owed to related parties 256,059 230,498
Other taxation and social security 1,056 1,072
Other creditors 13,609 9,048
346,359 313,761