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REGISTERED NUMBER: 12797769 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 October 2024

for

TNI Holdings Limited

TNI Holdings Limited (Registered number: 12797769)






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




Page

Balance Sheet 1

Notes to the Financial Statements 2


TNI Holdings Limited (Registered number: 12797769)

Balance Sheet
30 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,675,000 831,582

CURRENT ASSETS
Debtors 5 10,526 16,255
Cash at bank 109,920 114,296
120,446 130,551
CREDITORS
Amounts falling due within one year 6 92,776 34,656
NET CURRENT ASSETS 27,670 95,895
TOTAL ASSETS LESS CURRENT LIABILITIES 1,702,670 927,477

CREDITORS
Amounts falling due after more than one year 7 (927,432 ) (586,637 )

PROVISIONS FOR LIABILITIES (106,830 ) -
NET ASSETS 668,408 340,840

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 9 320,489 -
Retained earnings 347,917 340,838
SHAREHOLDERS' FUNDS 668,408 340,840

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 October 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 June 2025 and were signed by:





Mr P G Holmes - Director


TNI Holdings Limited (Registered number: 12797769)

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

1. STATUTORY INFORMATION

TNI Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12797769

Registered office: Ebenezer House
Ryecroft
Newcastle Under Lyme
Staffordshire
ST5 2BE

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about TNI Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Rental income
All rental income received or receivable in respect of investment properties is credited to revenue on an accruals basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

TNI Holdings Limited (Registered number: 12797769)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 31 October 2023 831,582
Additions 416,099
Revaluations 427,319
At 30 October 2024 1,675,000
NET BOOK VALUE
At 30 October 2024 1,675,000
At 30 October 2023 831,582

Fair value at 30 October 2024 is represented by:
£   
Valuation in 2024 427,319
Cost 1,247,681
1,675,000

If investment property had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,247,681 -

Investment properties were valued on an open market basis on 17 June 2025 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings - 374
Other debtors 10,526 15,881
10,526 16,255

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 27,176 -
Taxation and social security 1,805 473
Other creditors 63,795 34,183
92,776 34,656

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 927,432 586,637

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 927,432 586,637

TNI Holdings Limited (Registered number: 12797769)

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

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 927,432 586,637

9. RESERVES
Revaluation
reserve
£   
Revaluation of investment property 320,489

At 30 October 2024 320,489

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr P G Holmes.