Company registration number 08934676 (England and Wales)
TMH ASSOCIATES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 20 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
TMH ASSOCIATES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
TMH ASSOCIATES LTD
BALANCE SHEET
AS AT
20 SEPTEMBER 2024
20 September 2024
- 1 -
20 September 2024
31 March 2024
Notes
£
£
£
£
Fixed assets
Investments
4
805,358
805,358
Current assets
Debtors
5
-
0
666
Cash at bank and in hand
-
0
305
-
0
971
Creditors: amounts falling due within one year
7
(378,159)
(398,019)
Net current liabilities
(378,159)
(397,048)
Total assets less current liabilities
427,199
408,310
Creditors: amounts falling due after more than one year
6
-
0
(323,867)
Net assets
427,199
84,443
Capital and reserves
Called up share capital
60
60
Capital redemption reserve
30
30
Other reserves
345,817
-
0
Profit and loss reserves
81,292
84,353
Total equity
427,199
84,443
TMH ASSOCIATES LTD
BALANCE SHEET (CONTINUED)
AS AT
20 SEPTEMBER 2024
20 September 2024
- 2 -

For the financial period ended 20 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the period 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 financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 29 September 2025 and are signed on its behalf by:
Harpreet Gill
Director
Company registration number 08934676 (England and Wales)
TMH ASSOCIATES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 20 SEPTEMBER 2024
- 3 -
1
Accounting policies
Company information

TMH Associates Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Northgate, 118 North Street, Leeds, West Yorkshire, United Kingdom, LS2 7PN.

1.1
Reporting period

These financial statements cover the period from 01 April 2024 to 20 September 2024, a period of less then one year. They have been prepared to assist in the sale and purchase of company shares. Comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Fixed asset investments

Interests in subsidiaries are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

TMH ASSOCIATES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 20 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 4 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies are classified as debt, are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2024
2024
Number
Number
Total
0
0
4
Fixed asset investments
2024
2024
£
£
Shares in group undertakings and participating interests
805,358
805,358
TMH ASSOCIATES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 20 SEPTEMBER 2024
- 5 -
5
Debtors
2024
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
666
6
Creditors: amounts falling due after more than one year
2024
2024
£
£
Bank loans and overdrafts
-
0
323,867

The bank loans and overdrafts are secured by a fixed and floating charge over the company's assets.

Creditors which fall due after five years are as follows:
2024
2024
£
£
Payable by instalments
-
41,535
7
Creditors: amounts falling due within one year
2024
2024
£
£
Bank loans and overdrafts
(1)
58,650
Trade creditors
445
-
0
Amounts owed to group undertakings
375,715
337,743
Other creditors
2,000
1,626
378,159
398,019

The bank loans and overdrafts are secured by a fixed and floating charge over the company's assets.

2024-09-20 2024-04-01 false false false 29 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Helen Ryder Teresa Robinson Peter Wakefield David Ryder Sandip Dau Harpreet Gill 08934676 2024-04-01 2024-09-20 08934676 2024-09-20 08934676 2024-03-31 08934676 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-20 08934676 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08934676 core:Non-currentFinancialInstruments core:AfterOneYear 2024-09-20 08934676 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 08934676 core:CurrentFinancialInstruments 2024-09-20 08934676 core:CurrentFinancialInstruments 2024-03-31 08934676 core:ShareCapital 2024-09-20 08934676 core:ShareCapital 2024-03-31 08934676 core:CapitalRedemptionReserve 2024-09-20 08934676 core:CapitalRedemptionReserve 2024-03-31 08934676 core:OtherMiscellaneousReserve 2024-09-20 08934676 core:OtherMiscellaneousReserve 2024-03-31 08934676 core:RetainedEarningsAccumulatedLosses 2024-09-20 08934676 core:RetainedEarningsAccumulatedLosses 2024-03-31 08934676 bus:Director6 2024-04-01 2024-09-20 08934676 2023-04-01 2024-03-31 08934676 core:Non-currentFinancialInstruments 2024-09-20 08934676 core:Non-currentFinancialInstruments 2024-03-31 08934676 bus:PrivateLimitedCompanyLtd 2024-04-01 2024-09-20 08934676 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2024-09-20 08934676 bus:FRS102 2024-04-01 2024-09-20 08934676 bus:AuditExemptWithAccountantsReport 2024-04-01 2024-09-20 08934676 bus:Director1 2024-04-01 2024-09-20 08934676 bus:Director2 2024-04-01 2024-09-20 08934676 bus:Director3 2024-04-01 2024-09-20 08934676 bus:Director4 2024-04-01 2024-09-20 08934676 bus:Director5 2024-04-01 2024-09-20 08934676 bus:FullAccounts 2024-04-01 2024-09-20 xbrli:pure xbrli:shares iso4217:GBP