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REGISTERED NUMBER: 00852819 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

TONDINA & SON LIMITED

TONDINA & SON LIMITED (REGISTERED NUMBER: 00852819)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TONDINA & SON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTORS: M Tondina
F Tondina
R R Tondina
E A Dolding



SECRETARY: R R Tondina



REGISTERED OFFICE: Sandy Nook
Bradbourne Vale Road
Sevenoaks
Kent
TN13 3QQ



REGISTERED NUMBER: 00852819 (England and Wales)



ACCOUNTANTS: Macalvins Limited
Chartered Accountants
7 St John's Road
Harrow
Middlesex
HA1 2EY



BANKERS: National Westminster Bank Plc
67 High Street
Sevenoaks
TN13 1LA

TONDINA & SON LIMITED (REGISTERED NUMBER: 00852819)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 778
Investment property 5 560,000 1,270,000
560,000 1,270,778

CURRENT ASSETS
Debtors 6 648,389 1,606
Cash at bank 72,953 87,198
721,342 88,804
CREDITORS
Amounts falling due within one year 7 189,113 100,789
NET CURRENT ASSETS/(LIABILITIES) 532,229 (11,985 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,092,229

1,258,793

PROVISIONS FOR LIABILITIES 59,974 205,863
NET ASSETS 1,032,255 1,052,930

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 499,732 1,091,839
Retained earnings 532,423 (39,009 )
1,032,255 1,052,930

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

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 29 August 2025 and were signed on its behalf by:





E A Dolding - Director


TONDINA & SON LIMITED (REGISTERED NUMBER: 00852819)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Tondina & Son 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance

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 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 1 (2023 - 1 ) .

TONDINA & SON LIMITED (REGISTERED NUMBER: 00852819)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 September 2023
and 31 August 2024 4,335
DEPRECIATION
At 1 September 2023 3,557
Charge for year 778
At 31 August 2024 4,335
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 778

5. INVESTMENT PROPERTY

Out of the three investment properties sold, one of the investment property - 6A Tubs is sold after the year-end and it is valued at the market price in the current year and two are sold during the year on which capital gains tax is calculated.

Fair value at 31 August 2024 is represented by:
£   
Valuation in 2023 1,270,000
Valuation in 2024 (710,000 )
560,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 647,419 -
Tax - 843
Prepayments & Accrued Income 970 763
648,389 1,606

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation Tax payable 96,121 -
Director's current account 90,868 96,567
Accrued expenses 2,124 4,222
189,113 100,789

8. RESERVES
Fair
value
reserve
£   
At 1 September 2023 1,091,839
Fair value reserve - Reclass (592,107 )

At 31 August 2024 499,732

TONDINA & SON LIMITED (REGISTERED NUMBER: 00852819)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

9. RELATED PARTY DISCLOSURES

As at balance sheet date, included within creditors is £90,868 (2023: £96,567), an amount owed to the directors of the company. The split between directors is as mentioned below. The amount owed is unsecured and there are no fixed terms of repayment.

Roberto - £37,557
Franco - £24,155
Mauro - £29,156