Registered number
08993574
Tommy Refurb Ltd
Filleted Accounts
30 November 2024
Tommy Refurb Ltd
Registered number: 08993574
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 - (177)
Current assets
Debtors 4 23,053 -
Cash at bank and in hand 407 28,798
23,460 28,798
Creditors: amounts falling due within one year 5 (180) 53
Net current assets 23,280 28,851
Total assets less current liabilities 23,280 28,674
Creditors: amounts falling due after more than one year 6 (25,799) (30,616)
Net liabilities (2,519) (1,942)
Capital and reserves
Called up share capital 1 1
Profit and loss account (2,520) (1,943)
Shareholders' funds (2,519) (1,942)
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.
Tomasz Franieczek
Director
Approved by the board on 22 August 2025
Tommy Refurb Ltd
Notes to the Accounts
for the year ended 30 November 2024
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 (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
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:
Plant and machinery over 4 years
Fixtures, fittings, tools and equipment over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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.
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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2023 8,639
At 30 November 2024 8,639
Depreciation
At 1 December 2023 8,816
Charge for the year (177)
At 30 November 2024 8,639
Net book value
At 30 November 2024 -
At 30 November 2023 (177)
4 Debtors 2024 2023
£ £
Other debtors 23,053 -
5 Creditors: amounts falling due within one year 2024 2023
£ £
Other creditors 180 (53)
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 25,799 30,616
7 Other information
Tommy Refurb Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Tommy Refurb Ltd 08993574 false 2023-12-01 2024-11-30 2024-11-30 VT Final Accounts April 2024 Tomasz Franieczek No description of principal activity 08993574 2022-12-01 2023-11-30 08993574 core:WithinOneYear 2023-11-30 08993574 core:AfterOneYear 2023-11-30 08993574 core:ShareCapital 2023-11-30 08993574 core:RetainedEarningsAccumulatedLosses 2023-11-30 08993574 2023-12-01 2024-11-30 08993574 bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 08993574 bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 08993574 bus:Director40 2023-12-01 2024-11-30 08993574 1 2023-12-01 2024-11-30 08993574 2 2023-12-01 2024-11-30 08993574 core:PlantMachinery 2023-12-01 2024-11-30 08993574 countries:England 2023-12-01 2024-11-30 08993574 bus:FRS102 2023-12-01 2024-11-30 08993574 bus:FilletedAccounts 2023-12-01 2024-11-30 08993574 2024-11-30 08993574 core:WithinOneYear 2024-11-30 08993574 core:AfterOneYear 2024-11-30 08993574 core:ShareCapital 2024-11-30 08993574 core:RetainedEarningsAccumulatedLosses 2024-11-30 08993574 core:PlantMachinery 2024-11-30 08993574 2023-11-30 08993574 core:PlantMachinery 2023-11-30 iso4217:GBP xbrli:pure