TOYAT LTD - Accounts

TOYAT LTD
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

TOYAT LTD Accountants' Report For the year ended 31 March 2025
Accountant’s report You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. SINGLETREE ACCOUNTANTS 31 March 2025 .................................................... SINGLETREE ACCOUNTANTS SINGLETREE ACCOUNTANTS LTD 10-12 LUMINA WAY LONDON ENFIELD EN1 1FS 03 September 2025 1

TOYAT LTD
Accountants' Report
For the year ended 31 March 2025

Accountant’s report
You consider that the company is exempt from an audit for the year ended 31 March 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
SINGLETREE ACCOUNTANTS
31 March 2025

....................................................
SINGLETREE ACCOUNTANTS
SINGLETREE ACCOUNTANTS LTD
10-12 LUMINA WAY
LONDON
ENFIELD
EN1 1FS
03 September 2025

1

Registered Number: 14001082 TOYAT LTD
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	1,170	-
Tangible fixed assets	4	46,466	27,969
		47,636	27,969
Current assets
Stocks		10,000	25,000
Debtors		17,499	18,604
Cash at bank and in hand		304,317	292,140
		331,816	335,744
Creditors: amount falling due within one year		(227,488)	(183,898)
Net current assets		104,328	151,846

Total assets less current liabilities		151,964	179,815
Creditors: amount falling due after more than one year		(114,470)	(153,270)
Provisions for liabilities		(161)	(186)
Net assets		37,333	26,359

Capital and reserves
Profit and loss account		37,333	26,359
Shareholders' funds		37,333	26,359

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 03 September 2025 and were signed on its behalf by:

-------------------------------
ALI TASIN
Director

2

TOYAT LTD
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

TOYAT LTD is a private company, limited by shares, registered in England & Northern Ireland, registration number 14001082, registration address 244-246 CHINGFORD MOUNT ROAD, LONDON, E4 8JL.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	20 Reducing Balance
Fixtures and Fittings	20 Reducing Balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 12 (2024 : 10).

3.

Intangible fixed assets

Cost	Software License	Total
	£	£
At 01 April 2024	-	-
Additions	1,350	1,350
Disposals	-	-
At 31 March 2025	1,350	1,350
Amortisation
At 01 April 2024	-	-
Charge for year	180	180
On disposals	-	-
At 31 March 2025	180	180
Net book values
At 31 March 2025	1,170	1,170
At 31 March 2024	-	-

4.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Total
	£	£	£
At 01 April 2024	23,500	9,515	33,015
Additions	30,170	-	30,170
Disposals	-	-	-
At 31 March 2025	53,670	9,515	63,185
Depreciation
At 01 April 2024	3,970	1,076	5,046
Charge for year	9,986	1,687	11,673
On disposals	-	-	-
At 31 March 2025	13,956	2,763	16,719
Net book values
Closing balance as at 31 March 2025	39,714	6,752	46,466
Opening balance as at 01 April 2024	19,530	8,439	27,969

5.

Share Capital

Authorised
100 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
100 Class A shares of £1.00 each	100		100
	100		100

3


Reports Dated : 03/09/2025	Registered Number: 14001082
England & Northern Ireland
TOYAT LTD

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025