REGISTERED NUMBER: 05359270 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Tyneham Limited

Previously known as

Tyneham International Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

5

DIRECTORS:

S E King

S T Ingrey

SECRETARY:

S T Ingrey

REGISTERED OFFICE:

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

05359270 (England and Wales)

ACCOUNTANTS:

Chaves LLP

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Intangible assets

4

48,000

60,000

Tangible assets

5

19,367

5,622

67,367

65,622

CURRENT ASSETS

Stocks

131,000

139,918

Debtors

52,786

41,404

Cash at bank

16,134

22,930

199,920

204,252

CREDITORS

Amounts falling due within one year

120,440

127,761

NET CURRENT ASSETS

79,480

76,491

TOTAL ASSETS LESS CURRENT LIABILITIES

146,847

142,113

CREDITORS

Amounts falling due after more than one year

(56,409

)

(65,693

)

PROVISIONS FOR LIABILITIES

7

(3,680

)

(1,068

)

NET ASSETS

86,758

75,352

CAPITAL AND RESERVES

Called up share capital

8

2,000

2,000

Retained earnings

84,758

73,352

SHAREHOLDERS' FUNDS

86,758

75,352

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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 11 December 2025 and were signed on its behalf by:

S E King - Director

1.	STATUTORY INFORMATION

Tyneham 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.	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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on cost

Fixtures and fittings

-

25% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

120,000

AMORTISATION

At 1 April 2024

60,000

Amortisation for year

12,000

At 31 March 2025

72,000

NET BOOK VALUE

At 31 March 2025

48,000

At 31 March 2024

60,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

32,099

Additions

21,702

At 31 March 2025

53,801

DEPRECIATION

At 1 April 2024

26,477

Charge for year

7,957

At 31 March 2025

34,434

NET BOOK VALUE

At 31 March 2025

19,367

At 31 March 2024

5,622

6.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

12,237

22,439

Secured by Enterprise Finance Guarantee.

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

Accelerated capital allowances

3,680

1,068

Deferred

tax

£

Balance at 1 April 2024

1,068

Charge to Income Statement during year

2,612

Balance at 31 March 2025

3,680

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2,000

Ordinary shares

50p

1,000

1,000

250

Ordinary A

£1

250

250

250

Ordinary B

£1

250

250

250

Ordinary C

£1

250

250

250

Ordinary D

£1

250

250

2,000

2,000