Tony Shepherd Limited

Registered Number: 14615851 Tony Shepherd Limited
Statement of Financial Position
As at 31 March 2025

	2025 £	2024 £
Current assets
Debtors	11,221	4,607
Cash at bank and in hand	645	2,809
	11,866	7,416
Creditors: amount falling due within one year	(11,809)	(7,390)
Net current assets	57	26

Total assets less current liabilities	57	26
Net assets	57	26

Capital and reserves
Called up share capital	10	10
Profit and loss account	47	16
Shareholders' funds	57	26

For the year ended 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 10 December 2025 and were signed on its behalf by:

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A Shepherd
Director

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L Shepherd
Director

Tony Shepherd Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Tony Shepherd Limited is a private company, limited by shares, registered in England and Wales, registration number 14615851, registration address Unit A, 82 James Carter Road, Mildenhall, Bury St Edmonds, IP28 7DE.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard).

Going concern basis

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of discounts.

Revenue from contracts for the provision of professional services is recognised by the stage of completion when the stage of completion, costs incurred and costs to complete can be measure reliably. The stage of completion is calculated by comparing costs incurred as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Dividends payable are recognised as liabilities once they are no longer at the discretion of the company.

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 recognised 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 recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

3.	Transactions with directors The loans previously made to the directors, Mr. A. Shepherd and Mrs. L. Shepherd have increased in the year, leaving the amount owed to the company at 31 March 2025 of £9,666. No interest has been charged and there are no specific terms of repayment.

Registered Number: 14615851
England and Wales
Abridged Accounts

for the year ended 31 March 2025
for
TONY SHEPHERD LIMITED