Registered number
07817699
The TJB Partnership Limited
Filleted Accounts
28 February 2025
The TJB Partnership Limited
Registered number: 07817699
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 2,970 3,550
Investments 4 100 150
3,070 3,700
Current assets
Debtors 5 33,505 13,711
Cash at bank and in hand 449,293 420,248
482,798 433,959
Creditors: amounts falling due within one year 6 (64,610) (110,759)
Net current assets 418,188 323,200
Net assets 421,258 326,900
Capital and reserves
Called up share capital 100 100
Profit and loss account 421,158 326,800
Shareholders' funds 421,258 326,900
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
T J Beresford
Director
Approved by the board on 5 June 2025
The TJB Partnership Limited
Notes to the Accounts
for the year ended 28 February 2025
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment 33% on a straight line basis
Fixtures, fittings, tools and equipment 15% on a straight line basis
Investments
Investments in unquoted equity instruments are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is estimated by using a valuation technique.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
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. 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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2024 10,921
Additions 2,499
Disposals (474)
At 28 February 2025 12,946
Depreciation
At 1 March 2024 7,371
Charge for the year 3,079
On disposals (474)
At 28 February 2025 9,976
Net book value
At 28 February 2025 2,970
At 29 February 2024 3,550
4 Investments
Other
investments
£
Cost
At 1 March 2024 150
Disposals (50)
At 28 February 2025 100
5 Debtors 2025 2024
£ £
Trade debtors 15,105 13,711
Other debtors 18,400 -
33,505 13,711
6 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 893 -
Other taxes and social security costs 33,655 10,213
Other creditors 30,062 100,546
64,610 110,759
7 Other information
The TJB Partnership Limited is a private company limited by shares and incorporated in England. Its registered office is:
6 Bellemere Road
Hampton in Arden
Solihull
B92 0AP
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