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REGISTERED NUMBER: 03342632 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2025

for

Tirano Limited

Tirano Limited (Registered number: 03342632)






Contents of the Financial Statements
for the Year Ended 30 April 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tirano Limited

Company Information
for the Year Ended 30 April 2025







DIRECTORS: W N Francis
J N Francis
Miss L E Francis





REGISTERED OFFICE: The Hollies
Horton
Swansea
West Glamorgan
SA3 1LQ





REGISTERED NUMBER: 03342632 (England and Wales)





ACCOUNTANTS: DGL Accountancy Services Limited
Chartered Certified Accountants
35 Hen Parc Avenue
Upper Killay
Swansea
SA2 7HA

Tirano Limited (Registered number: 03342632)

Balance Sheet
30 April 2025

30.4.25 30.4.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,603 31,614

CURRENT ASSETS
Cash at bank 50,182 39,845

CREDITORS
Amounts falling due within one year 5 20,195 14,828
NET CURRENT ASSETS 29,987 25,017
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,590

56,631

PROVISIONS FOR LIABILITIES 6 6 8
NET ASSETS 61,584 56,623

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 61,582 56,621
SHAREHOLDERS' FUNDS 61,584 56,623

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Tirano Limited (Registered number: 03342632)

Balance Sheet - continued
30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2025 and were signed on its behalf by:





W N Francis - Director


Tirano Limited (Registered number: 03342632)

Notes to the Financial Statements
for the Year Ended 30 April 2025

1. STATUTORY INFORMATION

Tirano 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 represents rents received.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Fixtures and fittings - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

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

Tirano Limited (Registered number: 03342632)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold and
property fittings Totals
£    £    £   
COST
At 1 May 2024
and 30 April 2025 31,571 1,630 33,201
DEPRECIATION
At 1 May 2024 - 1,587 1,587
Charge for year - 11 11
At 30 April 2025 - 1,598 1,598
NET BOOK VALUE
At 30 April 2025 31,571 32 31,603
At 30 April 2024 31,571 43 31,614

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.25 30.4.24
£    £   
Amounts owed to related undertakings 17,078 12,310
Corporation tax 2,104 1,505
Other creditors 721 721
Directors' current accounts 292 292
20,195 14,828

6. PROVISIONS FOR LIABILITIES
30.4.25 30.4.24
£    £   
Deferred tax 6 8

Deferred
tax
£   
Balance at 1 May 2024 8
Credit to Income Statement during year (2 )
Balance at 30 April 2025 6

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £4,000 (2024 - £4,000) were paid to the directors .

Tirano Limited (Registered number: 03342632)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2025

8. ULTIMATE CONTROLLING PARTY

The controlling party is W N Francis.