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REGISTERED NUMBER: 05736029 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Tomkinson Teal Limited

Tomkinson Teal Limited (Registered number: 05736029)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tomkinson Teal Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: K A ONeill
S D Ault
C T Palmer





REGISTERED OFFICE: Hanover Court
5 Queen Street
Lichfield
Staffordshire
WS13 6QD





REGISTERED NUMBER: 05736029 (England and Wales)






Tomkinson Teal Limited (Registered number: 05736029)

Balance Sheet
31 March 2025

2025 2024
Notes £    £   
FIXED ASSETS
Intangible assets 4 888,000 1,034,750
Tangible assets 5 - 959
888,000 1,035,709

CURRENT ASSETS
Stocks - 126,929
Debtors 6 621,236 406,637
Cash at bank 185,784 175,275
807,020 708,841
CREDITORS
Amounts falling due within one year 7 (406,173 ) (449,952 )
NET CURRENT ASSETS 400,847 258,889
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,288,847

1,294,598

CREDITORS
Amounts falling due after more than one year 8 (1,667 ) (11,667 )
NET ASSETS 1,287,180 1,282,931

CAPITAL AND RESERVES
Called up share capital 11 11
Retained earnings 1,287,169 1,282,920
SHAREHOLDERS' FUNDS 1,287,180 1,282,931

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Tomkinson Teal Limited (Registered number: 05736029)

Balance Sheet - continued
31 March 2025


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:




K A ONeill - Director C T Palmer - Director




S D Ault - Director


Tomkinson Teal Limited (Registered number: 05736029)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Tomkinson Teal 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses are being amortised over between 12 and 15 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2024 - 25 ) .

Tomkinson Teal Limited (Registered number: 05736029)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 1,931,300
AMORTISATION
At 1 April 2024 896,550
Charge for year 146,750
At 31 March 2025 1,043,300
NET BOOK VALUE
At 31 March 2025 888,000
At 31 March 2024 1,034,750

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 12,749
DEPRECIATION
At 1 April 2024 11,790
Charge for year 959
At 31 March 2025 12,749
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 959

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 11,905 182,860
Other debtors 609,331 223,777
621,236 406,637

Other debtors of £554,395, (2024 - £205,979) is owed by Tomkinson Teal (Lichfield) LLP, a limited liability partnership controlled by the Directors.

Tomkinson Teal Limited (Registered number: 05736029)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 118,397 137,494
Trade creditors 59,457 47,977
Taxation and social security 149,286 223,698
Other creditors 79,033 40,783
406,173 449,952

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 1,667 11,667

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank overdrafts 108,397 127,494

Bank overdraft is secured on a fixed and floating charge over assets held by Lloyds Bank plc dated 27 May 2014, together with personal guarantees dated 6th August 2020 given by the directors.