REGISTERED NUMBER: 15025393 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

FOR

TIB ASSOCIATES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J Bottoms

REGISTERED OFFICE:

11 Loom Terrace

Johnson New Road

Hoddlesden

BB3 3PF

REGISTERED NUMBER:

15025393 (England and Wales)

ACCOUNTANTS:

P B Syddall & Co

Chartered Accountants

Grafton House

81 Chorley Old Road

Bolton

Lancashire

BL1 3AJ

FIXED ASSETS

Tangible assets

5

2,170

1,993

CURRENT ASSETS

Debtors

6

57,705

14,887

Cash at bank

257

41,677

57,962

56,564

CREDITORS

Amounts falling due within one year

7

60,078

23,488

NET CURRENT (LIABILITIES)/ASSETS

(2,116

)

33,076

TOTAL ASSETS LESS CURRENT LIABILITIES

54

35,069

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(46

)

34,969

SHAREHOLDERS' FUNDS

54

35,069

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

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

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 director and authorised for issue on 19 January 2026 and were signed by:

J Bottoms - Director

1.	STATUTORY INFORMATION

TIB Associates Ltd 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 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 August 2024

2,491

Additions

720

At 31 July 2025

3,211

DEPRECIATION

At 1 August 2024

498

Charge for year

543

At 31 July 2025

1,041

NET BOOK VALUE

At 31 July 2025

2,170

At 31 July 2024

1,993

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

-

13,260

Directors current account

55,710

-

Social security and other

taxes

1,995

1,627

57,705

14,887

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Tax

4,318

16,410

VAT

-

5,561

Directors current account

53,600

437

Accrued expenses

2,160

1,080

60,078

23,488

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £53,600 (2024 - £27,000) were paid to the directors .

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs T Birtwell.