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Company Registration No. 12044838 (England and Wales)
TSBC Consulting Ltd Unaudited accounts for the year ended 30 June 2025
TSBC Consulting Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
TSBC Consulting Ltd Company Information for the year ended 30 June 2025
Directors
Corina Bolojan Timotei Bolojan
Company Number
12044838 (England and Wales)
Registered Office
5 Melbourne House Corby Gate Business Priors Haw Road Corby NN17 5JG United Kingdom
Accountants
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ
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TSBC Consulting Ltd Accountants' report
Accountants' report to the board of directors of TSBC Consulting Ltd on the preparation of the unaudited statutory accounts for the year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of TSBC Consulting Ltd for the year ended 30 June 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of TSBC Consulting Ltd, as a body, in accordance with the terms of our engagement letter dated 7 June 2019. Our work has been undertaken solely to prepare for your approval the accounts of TSBC Consulting Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than TSBC Consulting Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that TSBC Consulting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of TSBC Consulting Ltd. You consider that TSBC Consulting Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of TSBC Consulting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ 28 October 2025
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TSBC Consulting Ltd Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,250
2,563
Investments
5
-
2
1,250
2,565
Current assets
Debtors
6
21,544
40,892
Cash at bank and in hand
11,145
50,437
32,689
91,329
Creditors: amounts falling due within one year
7
(50,289)
(90,096)
Net current (liabilities)/assets
(17,600)
1,233
Total assets less current liabilities
(16,350)
3,798
Provisions for liabilities
Deferred tax
-
(641)
Net (liabilities)/assets
(16,350)
3,157
Capital and reserves
Called up share capital
40
40
Profit and loss account
(16,390)
3,117
Shareholders' funds
(16,350)
3,157
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2025 and were signed on its behalf by
Timotei Bolojan Director Company Registration No. 12044838
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TSBC Consulting Ltd Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
TSBC Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 12044838. The registered office is 5 Melbourne House, Corby Gate Business, Priors Haw Road, Corby, NN17 5JG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Straight Line Basis
Computer equipment
33% Straight Line Basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Investments
Investments in shares are included at fair value. Provisions are made for the permanent fluctuations in value.
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TSBC Consulting Ltd Notes to the Accounts for the year ended 30 June 2025
Going concern
The directors have confirmed that they will continue to give financial support to the company until such time as its position improves. The directors consider that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result if the financial support was withdrawn.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
985
8,302
9,287
At 30 June 2025
985
8,302
9,287
Depreciation
At 1 July 2024
923
5,801
6,724
Charge for the year
62
1,251
1,313
At 30 June 2025
985
7,052
8,037
Net book value
At 30 June 2025
-
1,250
1,250
At 30 June 2024
62
2,501
2,563
5
Investments
Subsidiary undertakings
£
Valuation at 1 July 2024
2
Disposals
(2)
Valuation at 30 June 2025
-
The fixed asset investment related to 100% shareholding in Mason Structures Ltd and Mason Design Ltd. Both Companies have been dissolved on 27th May 2025.
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
15,554
22,408
Other debtors
5,990
18,484
21,544
40,892
7
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
16,835
14,581
Trade creditors
2,575
-
Taxes and social security
-
5,732
Other creditors
15,450
37,342
Loans from directors
15,071
31,541
Accruals
358
900
50,289
90,096
- 7 -
TSBC Consulting Ltd Notes to the Accounts for the year ended 30 June 2025
8
Transactions with related parties
At the Balance Sheet date, The Company owed £15,450 (2024: £35,650) to Quince Integrated Solutions S.R.L., a company controlled by Mr Bolojan. This is included within Other creditors. During the year, the Company was charged by Quince Integrated Solutions S.R.L. £90,425 (2024: £71,650) related to the subcontracting fees. Mr Bolojan is also a Director of Quince Integrated Solutions S.R.L.
9
Controlling party
The Company is subsidiary of Mason Capital Holdings Ltd. Mason Capital Holdings Ltd is a 50% shareholder in TSBC Consulting Ltd, a company controlled by its board of directors, Mr and Mrs Bolojan.
10
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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