09871344falsedesign and sale of fitted kitchen and bedroom furniture2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:Director12024-04-012025-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2025-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-04-012025-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-04-012025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2025-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/2024-04-012025-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FRS1022024-04-012025-03-31http://www.companieshouse.gov.uk/2025-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-04-012025-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-04-012025-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09871344
TARA NEIL LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
Tara Neil Limited
ACCOUNTS
FOR THEYEARENDED31 MARCH 2025
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet2
Notes To The Accounts3
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Tara Neil Limited
BALANCE SHEET AT 31 March 2025
20252024
Notes££
FIXED ASSETS
Tangible assets3192,753215,594
CURRENT ASSETS
Stock39,67532,914
Debtors4286,960242,151
Cash at bank and in hand128,836185,721
455,471460,786
CREDITORS: Amounts falling due within one year5201,688223,424
NET CURRENT ASSETS253,783237,362
TOTAL ASSETS LESS CURRENT LIABILITIES446,536452,956
CAPITAL AND RESERVES
Called up share capital650,00050,000
Profit and loss account396,536402,956
SHAREHOLDERS' FUNDS446,536452,956
For the year ending 31 March 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 16 December 2025 and signed on their behalf by
.............................
T P L McGinty
Director
Tara Neil Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildingsreducing balance 10%
Plant and Machineryreducing balance 20%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Leases
Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.
Tara Neil Limited
2. EMPLOYEES
20252024
NumberNumber
Average number of employees78
3. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 1 April 2024343,62186,656430,277
Additions-25,35225,352
At 31 March 2025343,621112,008455,629
Depreciation
At 1 April 2024170,99043,693214,683
For the year34,52613,66748,193
At 31 March 2025205,51657,360262,876
Net Book Amounts
At 31 March 2025138,10554,648192,753
At 31 March 2024172,63142,963215,594
4. DEBTORS 20252024
££
Amounts falling due within one year:
Trade debtors262,307231,551
VAT15,053-
Other debtors9,6009,600
286,960241,151
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
Trade creditors159,321143,197
Taxation and social security40,53778,452
Other creditors1,8301,775
201,688223,424
Tara Neil Limited
6. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
50000 Ordinary shares of £1 each5000050000
50,00050,000