Tyson H. Burridge Limited 31/03/2025 iXBRL

Company registration number: 01301344

Tyson H. Burridge Limited

Unaudited filleted financial statements

For the year ended

31 March 2025

Tyson H. Burridge Limited

Contents

Statement of financial position

Notes to the financial statements

Tyson H. Burridge Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	3	3,010,319		3,207,378
		________		________
			3,010,319		3,207,378

Current assets
Stocks		208,057		158,240
Debtors	4	1,181,315		1,310,695
Cash at bank and in hand		2,181,002		1,951,297
		________		________
		3,570,374		3,420,232
Creditors: amounts falling due
within one year	5	( 685,886)		( 631,163)
		________		________
Net current assets			2,884,488		2,789,069
			________		________
Total assets less current liabilities			5,894,807		5,996,447


Provisions for liabilities			( 278,614)		( 298,769)

			________		________
Net assets			5,616,193		5,697,678
			________		________

Capital and reserves
Called up share capital			33,334		33,334
Capital redemption reserve			236,666		236,666
Profit and loss account			5,346,193		5,427,678
			________		________
Shareholders funds			5,616,193		5,697,678
			________		________

For the year ending 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 financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 01 December 2025 , and are signed on behalf of the board by:

Mr A T Burridge

Director

Company registration number: 01301344

Tyson H. Burridge Limited

Notes to the financial statements

Year ended 31 March 2025

1. Accounting policies

General information

The company is a private company limited by shares, registered in England and Wales, registration number 01301344 . The address of the registered office is Tyson H. Burridge Limited, Old Coach Works, Prospect Garage, Distington, CA14 5XJ.

Basis of preparation

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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 with the same financial statements.

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

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

Turnover

Turnover consists of the sales value, excluding VAT, of all work done in the period under contracts to supply goods and services to third parties. It includes the relevant proportion of contract values where work is partially performed in the period.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Freehold property	-	2% on written down value
Long leasehold property	-	Straight line over the life of the lease
Plant and machinery	-	3-10 years straight line
Motor vehicles	-	4-10 years straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Deferred taxation

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes.Tax deferred or accelerated is accounted for in respect of all material timing differences.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for fixed asset investments which are measured at fair value, with changes recognised in the fair value reserve.

Pension costs

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the statement of comprehensive income when due.

2. Employee numbers

The average number of persons employed by the company during the year amounted to 41 (2024: 47 ).

3. Tangible assets

	Freehold property	Long leasehold property	Investment property	Plant and machinery	Motor vehicles	Total
	£	£	£	£	£	£
Cost
At 1 April 2024	1,526,929	345,648	426,157	521,044	3,992,086	6,811,864
Additions	39,066	-	-	1,858	78,294	119,218
Disposals	-	-	-	-	( 198,909)	( 198,909)
	________	________	________	________	________	________
At 31 March 2025	1,565,995	345,648	426,157	522,902	3,871,471	6,732,173
	________	________	________	________	________	________
Depreciation
At 1 April 2024	273,898	54,011	-	435,554	2,841,023	3,604,486
Charge for the year	25,358	5,294	-	34,329	221,553	286,534
Disposals	-	-	-	-	( 169,166)	( 169,166)
	________	________	________	________	________	________
At 31 March 2025	299,256	59,305	-	469,883	2,893,410	3,721,854
	________	________	________	________	________	________
Carrying amount
At 31 March 2025	1,266,739	286,343	426,157	53,019	978,061	3,010,319
	________	________	________	________	________	________
At 31 March 2024	1,253,031	291,637	426,157	85,490	1,151,063	3,207,378
	________	________	________	________	________	________

The investment property was valued at 31 March 2025 by Mr A T Burridge , a director. The basis of valuation used was market value and it was considered that at 31 March 2025 the market value of investment property was identical to cost.

4. Debtors

	2025	2024
	£	£
Trade debtors	942,966	974,926
Other debtors	238,349	335,769
	________	________
	1,181,315	1,310,695
	________	________

The debtors above include the following amounts falling due after more than one year:

	2025	2024
	£	£
Other debtors	9,000	21,000
	________	________

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	375,045	367,521
Taxation and social security	209,159	162,982
Other creditors	101,682	100,660
	________	________
	685,886	631,163
	________	________

6. Pension commitments

The company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, unpaid contributions of £8,997 (2024 - £11,021) were due to the fund. They are included in other creditors.

7. Directors advances, credits and guarantees

No advances (2024 - £nil) were made during the year to Nelant Enterprises Limited. Mr N A Robinson, a director, is also a director of Nelant Enterprises Limited. No repayments were made by 31 March 2025 and so the balance outstanding at the year end, 31 March 2025, was £20,000 (2024 - £20,000).