IRIS Accounts Production v25.3.0.601 05479998 director 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh054799982024-03-31054799982025-03-31054799982024-04-012025-03-31054799982023-03-31054799982023-04-012024-03-31054799982024-03-3105479998ns15:EnglandWales2024-04-012025-03-3105479998ns14:PoundSterling2024-04-012025-03-3105479998ns10:Director12024-04-012025-03-3105479998ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3105479998ns10:SmallEntities2024-04-012025-03-3105479998ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3105479998ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3105479998ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3105479998ns10:FullAccounts2024-04-012025-03-3105479998ns10:CompanySecretary12024-04-012025-03-3105479998ns10:RegisteredOffice2024-04-012025-03-3105479998ns5:CurrentFinancialInstruments2025-03-3105479998ns5:CurrentFinancialInstruments2024-03-3105479998ns5:ShareCapital2025-03-3105479998ns5:ShareCapital2024-03-3105479998ns5:CapitalRedemptionReserve2025-03-3105479998ns5:CapitalRedemptionReserve2024-03-3105479998ns5:RetainedEarningsAccumulatedLosses2025-03-3105479998ns5:RetainedEarningsAccumulatedLosses2024-03-3105479998ns5:FurnitureFittings2024-04-012025-03-3105479998ns5:ComputerEquipment2024-04-012025-03-3105479998ns5:FurnitureFittings2024-03-3105479998ns5:ComputerEquipment2024-03-3105479998ns5:FurnitureFittings2025-03-3105479998ns5:ComputerEquipment2025-03-3105479998ns5:FurnitureFittings2024-03-3105479998ns5:ComputerEquipment2024-03-3105479998ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3105479998ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: 05479998 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

TISCO FINANCIAL PLANNING LIMITED

TISCO FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 05479998)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


TISCO FINANCIAL PLANNING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: M Denton





SECRETARY: Miss S E Denton





REGISTERED OFFICE: 2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Milton Keynes
Buckinghamshire
MK12 5NN





REGISTERED NUMBER: 05479998 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Ltd
2 Manor Farm Court Old Wolverton Road
Old Wolverton
Milton Keynes
Buckinghamshire
MK12 5NN

TISCO FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 05479998)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible assets 5 3,079 620

CURRENT ASSETS
Debtors 6 79,918 82,856
Cash at bank 254,423 159,994
334,341 242,850
CREDITORS
Amounts falling due within one year 7 193,004 141,025
NET CURRENT ASSETS 141,337 101,825
TOTAL ASSETS LESS CURRENT
LIABILITIES

144,416

102,445

PROVISIONS FOR LIABILITIES 819 155
NET ASSETS 143,597 102,290

CAPITAL AND RESERVES
Called up share capital 1,020 1,020
Capital redemption reserve 20 20
Retained earnings 142,557 101,250
143,597 102,290

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

TISCO FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 05479998)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 November 2025 and were signed by:





M Denton - Director


TISCO FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 05479998)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Tisco Financial Planning 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover represents commissions receivable, excluding value added tax.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

TISCO FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 05479998)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


3. ACCOUNTING POLICIES - continued

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 April 2024 1,938 10,522 12,460
Additions - 3,283 3,283
Disposals - (10,522 ) (10,522 )
At 31 March 2025 1,938 3,283 5,221
DEPRECIATION
At 1 April 2024 1,642 10,198 11,840
Charge for year 79 421 500
Eliminated on disposal - (10,198 ) (10,198 )
At 31 March 2025 1,721 421 2,142
NET BOOK VALUE
At 31 March 2025 217 2,862 3,079
At 31 March 2024 296 324 620

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 32,582 29,429
Other debtors 40,146 50,122
Prepayments 7,190 3,305
79,918 82,856

TISCO FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 05479998)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade creditors 58,647 46,540
Tax 112,071 73,200
Social security and other taxes 4,411 4,700
VAT 8,969 8,054
Other creditors 5,173 5,173
Directors' current accounts 488 488
Accrued expenses 3,245 2,870
193,004 141,025