IRIS Accounts Production v25.3.0.601 04667034 Board of Directors 1.2.24 31.1.25 31.1.25 No description of principal activity 0 0 false true false false true true iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 04667034 2024-01-31 04667034 2025-01-31 04667034 2024-02-01 2025-01-31 04667034 2023-01-31 04667034 2023-02-01 2024-01-31 04667034 2024-01-31 04667034 ns15:EnglandWales 2024-02-01 2025-01-31 04667034 ns14:PoundSterling 2024-02-01 2025-01-31 04667034 ns10:Director1 2024-02-01 2025-01-31 04667034 ns10:CompanyLimitedByGuarantee 2024-02-01 2025-01-31 04667034 ns10:SmallEntities 2024-02-01 2025-01-31 04667034 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 04667034 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 04667034 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 04667034 ns10:FullAccounts 2024-02-01 2025-01-31 04667034 ns10:Director2 2024-02-01 2025-01-31 04667034 ns10:Director3 2024-02-01 2025-01-31 04667034 ns10:RegisteredOffice 2024-02-01 2025-01-31 04667034 ns5:CurrentFinancialInstruments 2025-01-31 04667034 ns5:CurrentFinancialInstruments 2024-01-31 04667034 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 04667034 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 04667034 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 04667034 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31

REGISTERED NUMBER: 04667034 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 JANUARY 2025 |

| FOR |

| TRANSFORMATIONAL BUSINESS NETWORK |

| PRIVATE LIMITED COMPANY BY GUARANTEE |

TRANSFORMATIONAL BUSINESS NETWORK (REGISTERED NUMBER: 04667034)

PRIVATE LIMITED COMPANY BY GUARANTEE

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

Page |

Company Information | 1 |

Statement of Financial Position | 2 |

Notes to the Financial Statements | 3 |

TRANSFORMATIONAL BUSINESS NETWORK

PRIVATE LIMITED COMPANY BY GUARANTEE

COMPANY INFORMATION

FOR THE YEAR ENDED 31 JANUARY 2025

| DIRECTORS: | Mr S D McGreevy

| Mr J W Skinner

| Mr M D Sterling

| REGISTERED OFFICE: | Unit 2.02 High Weald House

| Glovers End

| Bexhill

| East Sussex

| TN39 5ES

| REGISTERED NUMBER: | 04667034 (England and Wales)

TRANSFORMATIONAL BUSINESS NETWORK (REGISTERED NUMBER: 04667034)

PRIVATE LIMITED COMPANY BY GUARANTEE

STATEMENT OF FINANCIAL POSITION

31 JANUARY 2025

| 2025 |  | 2024

| Notes | £ | £ |

CURRENT ASSETS

Debtors | 4 | 336 |  | 336 |  |

CREDITORS

Amounts falling due within one year | 5 | 8,698 |  | 8,698 |  |

NET CURRENT LIABILITIES | (8,362 | ) | (8,362 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (8,362 | ) | (8,362 | ) |

RESERVES

Income and expenditure account | (8,362 | ) | (8,362 | ) |

(8,362 | ) | (8,362 | ) |

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 surplus or deficit 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 September 2025 and were signed on its behalf by:

Mr M D Sterling - Director

TRANSFORMATIONAL BUSINESS NETWORK (REGISTERED NUMBER: 04667034)

PRIVATE LIMITED COMPANY BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

1. | STATUTORY INFORMATION

| Transformational Business Network is a private company, limited by guarantee , 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.

| SIGNIFICANT JUDGEMENTS AND ESTIMATES

| In preparing the financial statements, the directors are required to make estimates and judgments about the carrying amounts of assets and liabilities. The estimates and assumptions are reviewed on an ongoing basis and are based on historical experience and other factors that are considered by the directors to be relevant. Revision to accounting estimates are recognised in the period in which the estimate is revised.

TRANSFORMATIONAL BUSINESS NETWORK (REGISTERED NUMBER: 04667034)

PRIVATE LIMITED COMPANY BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

2. | ACCOUNTING POLICIES - continued

| 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 recognized 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 recognized 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 initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

| 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.

| Basic financial liabilities

| Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and that are classified as debt, are initially recognized at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payment discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

| Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

| Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors greater than one year are recognized initially at transaction price and subsequently measured at amortised cost using the effective interest method.

| GOING CONCERN

| The company's balance sheet shows shareholder funds amounting to net liabilities in the current and prior year. After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and as a minimum for 12 months from the date of these financial statements. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

TRANSFORMATIONAL BUSINESS NETWORK (REGISTERED NUMBER: 04667034)

PRIVATE LIMITED COMPANY BY GUARANTEE

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 JANUARY 2025

4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 336 |  | 336 |  |

5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | 8,698 |  | 8,698 |  |