REGISTERED NUMBER: 01687516 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

TINTAIL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R N Phoenix

M A Phoenix

I L M Phoenix

SECRETARY:

I L M Phoenix

REGISTERED OFFICE:

Hedge House Hangersley Hill

Hangersley

Ringwood

BH24 3JW

REGISTERED NUMBER:

01687516 (England and Wales)

ACCOUNTANTS:

Graham Latham Limited

Hedge House

Hangersley Hill

Ringwood

Hampshire

BH24 3JW

FIXED ASSETS

Tangible assets

4

1,675

416

Investment property

5

1,478,934

1,478,934

1,480,609

1,479,350

CURRENT ASSETS

Debtors

6

54,756

53,425

Cash at bank

58,463

6,143

113,219

59,568

CREDITORS

Amounts falling due within one year

7

69,547

68,846

NET CURRENT ASSETS/(LIABILITIES)

43,672

(9,278

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,524,281

1,470,072

CREDITORS

Amounts falling due after more than one year

8

505,242

425,290

NET ASSETS

1,019,039

1,044,782

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

10

511,348

511,348

Retained earnings

507,591

533,334

SHAREHOLDERS' FUNDS

1,019,039

1,044,782

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 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 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.

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 17 June 2025 and were signed on its behalf by:

I L M Phoenix - Director

1.	STATUTORY INFORMATION

Tintail 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

3,164

Additions

1,956

At 31 March 2025

5,120

DEPRECIATION

At 1 April 2024

2,748

Charge for year

697

At 31 March 2025

3,445

NET BOOK VALUE

At 31 March 2025

1,675

At 31 March 2024

416

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,478,934

NET BOOK VALUE

At 31 March 2025

1,478,934

At 31 March 2024

1,478,934

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

1,478,934

If the investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

1,112,586

1,112,586

Investment properties were valued on an open market basis on 31 March 2017 by the directors .

The directors are of the opinion that the current market value is not significantly different from that shown in the accounts.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

17,000

12,925

Other debtors

37,756

40,500

54,756

53,425

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

17,000

Trade creditors

8

4,320

Taxation and social security

20,654

13,063

Other creditors

48,885

34,463

69,547

68,846

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

457,900

385,290

Other creditors

47,342

40,000

505,242

425,290

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

457,900

402,290

10.

RESERVES

Revaluation

reserve

£

At 1 April 2024

and 31 March 2025

511,348