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REGISTERED NUMBER: 02504067 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2025

FOR

TIN HORSE DESIGN LTD.

TIN HORSE DESIGN LTD. (REGISTERED NUMBER: 02504067)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TIN HORSE DESIGN LTD.

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2025







DIRECTORS: M C Bunce
W Maskell





SECRETARY: M C Bunce





REGISTERED OFFICE: 16 Hertford Court
Hertford Road
Marlborough
Wiltshire
SN8 4AW





REGISTERED NUMBER: 02504067 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

TIN HORSE DESIGN LTD. (REGISTERED NUMBER: 02504067)

BALANCE SHEET
31ST MAY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 34,944 23,017

CURRENT ASSETS
Debtors 5 518,493 559,394
Cash at bank and in hand 170,330 47,345
688,823 606,739
CREDITORS
Amounts falling due within one year 6 372,183 267,569
NET CURRENT ASSETS 316,640 339,170
TOTAL ASSETS LESS CURRENT
LIABILITIES

351,584

362,187

CREDITORS
Amounts falling due after more than one
year

7

(53,279

)

(70,109

)

PROVISIONS FOR LIABILITIES (7,303 ) (3,843 )
NET ASSETS 291,002 288,235

CAPITAL AND RESERVES
Called up share capital 300 300
Capital redemption reserve 250 250
Retained earnings 290,452 287,685
291,002 288,235

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

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

TIN HORSE DESIGN LTD. (REGISTERED NUMBER: 02504067)

BALANCE SHEET - continued
31ST MAY 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th August 2025 and were signed on its behalf by:





M C Bunce - Director


TIN HORSE DESIGN LTD. (REGISTERED NUMBER: 02504067)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2025


1. STATUTORY INFORMATION

Tin Horse Design Ltd. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold improvements - 25% on reducing balance
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

TIN HORSE DESIGN LTD. (REGISTERED NUMBER: 02504067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2025


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
improvements machinery fittings
£    £    £   
COST
At 1st June 2024 54,581 65,251 186,393
Additions - 15,453 6,916
Disposals - - -
At 31st May 2025 54,581 80,704 193,309
DEPRECIATION
At 1st June 2024 46,932 61,994 186,130
Charge for year 1,913 6,410 48
Eliminated on disposal - - -
At 31st May 2025 48,845 68,404 186,178
NET BOOK VALUE
At 31st May 2025 5,736 12,300 7,131
At 31st May 2024 7,649 3,257 263

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1st June 2024 8,083 96,619 410,927
Additions - 8,188 30,557
Disposals - (59,193 ) (59,193 )
At 31st May 2025 8,083 45,614 382,291
DEPRECIATION
At 1st June 2024 8,083 84,771 387,910
Charge for year - 10,259 18,630
Eliminated on disposal - (59,193 ) (59,193 )
At 31st May 2025 8,083 35,837 347,347
NET BOOK VALUE
At 31st May 2025 - 9,777 34,944
At 31st May 2024 - 11,848 23,017

TIN HORSE DESIGN LTD. (REGISTERED NUMBER: 02504067)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2025


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 339,479 430,099
Amounts owed by group undertakings 134,000 84,000
Other debtors 45,014 45,295
518,493 559,394

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 35,265 36,205
Hire purchase contracts (see note 8) 3,091 -
Trade creditors 58,292 69,559
Taxation and social security 27,964 33,814
Other creditors 247,571 127,991
372,183 267,569

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 42,719 70,109
Hire purchase contracts (see note 8) 10,560 -
53,279 70,109

8. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2025 2024
£    £   
Net obligations repayable:
Within one year 3,091 -
Between one and five years 10,560 -
13,651 -

Non-cancellable operating leases
2025 2024
£    £   
Within one year 49,580 49,580
Between one and five years 24,959 36,991
74,539 86,571