REGISTERED NUMBER: 04237948 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

TheTin Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

J R Simmonds

REGISTERED OFFICE:

215a Brecknock Road

London

N19 5AA

REGISTERED NUMBER:

04237948 (England and Wales)

ACCOUNTANTS:

Clayton & Brewill

Chartered Accountants

Cawley House

149-155 Canal Street

Nottingham

Nottinghamshire

NG1 7HR

FIXED ASSETS

Tangible assets

4

16,440

23,555

CURRENT ASSETS

Debtors

619,492

610,427

Cash at bank

224,923

138,743

844,415

749,170

CREDITORS

Amounts falling due within one year

813,571

375,685

NET CURRENT ASSETS

30,844

373,485

TOTAL ASSETS LESS CURRENT LIABILITIES

47,284

397,040

CREDITORS

Amounts falling due after more than one year

(9,250

)

(31,450

)

PROVISIONS FOR LIABILITIES

7

(4,110

)

(5,889

)

NET ASSETS

33,924

359,701

CAPITAL AND RESERVES

Called up share capital

8

10

10

Retained earnings

33,914

359,691

SHAREHOLDERS' FUNDS

33,924

359,701

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

J R Simmonds - Director

1.	STATUTORY INFORMATION

TheTin 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.

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.

Computer equipment

-

25% per annum straight line

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 24 (2023 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

75,411

Additions

8,110

At 31 December 2024

83,521

DEPRECIATION

At 1 January 2024

51,856

Charge for year

15,225

At 31 December 2024

67,081

NET BOOK VALUE

At 31 December 2024

16,440

At 31 December 2023

23,555

5.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

17,822

10,808

Between one and five years

17,410

17,112

35,232

27,920

6.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

31,450

53,650

On 19th Dec 2002 a fixed and floating charge was created with HSBC Bank Plc over all property and assets present and future.

7.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

4,110

5,889

Deferred

tax

£

Balance at 1 January 2024

5,889

Provided during year

(1,779

)

Balance at 31 December 2024

4,110

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

84,500

A Ordinary

0.000

1

8

8

15,500

B Ordinary

0.000

1

2

2

10

10

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

J R Simmonds

Balance outstanding at start of year

215,249

249

Amounts advanced

-

215,000

Amounts repaid

(215,249

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

215,249