54 false false false false false false false false false false true false false false false false false No description of principal activity 2024-10-01 Sage Accounts Production Advanced 2025 - FRS102_2025 136,081 136,081 136,081 xbrli:pure xbrli:shares iso4217:GBP NI066167 2024-10-01 2025-09-30 NI066167 2025-09-30 NI066167 2024-09-30 NI066167 2023-10-01 2024-09-30 NI066167 2024-09-30 NI066167 2023-09-30 NI066167 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-01 2025-09-30 NI066167 core:PlantMachinery 2024-10-01 2025-09-30 NI066167 core:FurnitureFittings 2024-10-01 2025-09-30 NI066167 core:MotorVehicles 2024-10-01 2025-09-30 NI066167 bus:Director2 2024-10-01 2025-09-30 NI066167 core:LandBuildings 2024-09-30 NI066167 core:PlantMachinery 2024-09-30 NI066167 core:FurnitureFittingsToolsEquipment 2024-09-30 NI066167 core:MotorVehicles 2024-09-30 NI066167 core:LandBuildings 2025-09-30 NI066167 core:PlantMachinery 2025-09-30 NI066167 core:FurnitureFittingsToolsEquipment 2025-09-30 NI066167 core:MotorVehicles 2025-09-30 NI066167 core:LandBuildings 2024-10-01 2025-09-30 NI066167 core:FurnitureFittingsToolsEquipment 2024-10-01 2025-09-30 NI066167 core:WithinOneYear 2025-09-30 NI066167 core:WithinOneYear 2024-09-30 NI066167 core:AfterOneYear 2025-09-30 NI066167 core:AfterOneYear 2024-09-30 NI066167 core:LandBuildings 2024-09-30 NI066167 core:ShareCapital 2025-09-30 NI066167 core:ShareCapital 2024-09-30 NI066167 core:RevaluationReserve 2025-09-30 NI066167 core:RevaluationReserve 2024-09-30 NI066167 core:RetainedEarningsAccumulatedLosses 2025-09-30 NI066167 core:RetainedEarningsAccumulatedLosses 2024-09-30 NI066167 core:CostValuation core:Non-currentFinancialInstruments 2025-09-30 NI066167 core:Non-currentFinancialInstruments 2025-09-30 NI066167 core:Non-currentFinancialInstruments 2024-09-30 NI066167 core:PlantMachinery 2024-09-30 NI066167 core:FurnitureFittingsToolsEquipment 2024-09-30 NI066167 core:MotorVehicles 2024-09-30 NI066167 bus:Director1 2024-10-01 2025-09-30 NI066167 bus:SmallEntities 2024-10-01 2025-09-30 NI066167 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 NI066167 bus:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 NI066167 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 NI066167 bus:FullAccounts 2024-10-01 2025-09-30
COMPANY REGISTRATION NUMBER: NI066167

Tenofthose Limited

Filleted Unaudited Financial Statements

30 September 2025

Tenofthose Limited

Statement of Financial Position

30 September 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 1,500,535 | 1,530,088
Investments | 6 |  | 136,081 | 136,081
|  | ------------ | ------------
|  | 1,636,616 | 1,666,169

Current assets

Stocks | 469,536 |  | 525,439
Debtors | 7 | 782,253 |  | 479,898
Cash at bank and in hand | 100,272 |  | 196,311
| ------------ |  | ------------
| 1,352,061 |  | 1,201,648

Creditors: amounts falling due within one year | 8 | 976,292 |  | 877,012
| ------------ |  | ------------
Net current assets |  | 375,769 | 324,636
|  | ------------ | ------------
Total assets less current liabilities |  | 2,012,385 | 1,990,805

Creditors: amounts falling due after more than one year | 9 |  | 295,872 | 320,435

Provisions

Taxation including deferred tax |  | 145,023 | 144,876
|  | ------------ | ------------
Net assets |  | 1,571,490 | 1,525,494
|  | ------------ | ------------

Capital and reserves

Called up share capital |  | 10,000 | 10,000
Revaluation reserve |  | 402,760 | 443,431
Profit and loss account |  | 1,158,730 | 1,072,063
|  | ------------ | ------------
Shareholders funds |  | 1,571,490 | 1,525,494
|  | ------------ | ------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 30 September 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Tenofthose Limited

Statement of Financial Position (continued)

30 September 2025
These financial statements were approved by the board of directors and authorised for issue on 19 March 2026 , and are signed on behalf of the board by:

Mr J Carswell
Director

Company registration number: NI066167

Tenofthose Limited

Notes to the Financial Statements

Year ended 30 September 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Company Registration Agent, 6b Upper Water Street, Newry, County Down, Northern Ireland, BT34 1DJ.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred is accounted for in respect of all material timing differences to the extent that it is considered that a net liability may crystallise.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Freehold Property | - | 2% straight line
| Plant & Machinery | - | 25% reducing balance
| Fixutures & Fittings | - | 25% reducing balance
| Motor Vehicles | - | 25% reducing balance

| Equipment | - | 25% reducing balance

Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 54 (2024: 51 ).
5. Tangible assets

| Land and buildings | Plant and machinery | Fixtures, fittings and equipment | Motor vehicles | Investment property | Total
| £ | £ | £ | £ | £ | £
Cost |  |  |  |  |  |
At 1 Oct 2024 | 900,000 | 5,815 | 69,493 | 101,493 | 585,086 | 1,661,887
Additions | – | – | – | 10,495 | – | 10,495
Disposals | – | – | ( 1,062) | – | – | ( 1,062)
| --------- | ------- | -------- | --------- | --------- | ------------
At 30 Sep 2025 | 900,000 | 5,815 | 68,431 | 111,988 | 585,086 | 1,671,320
| --------- | ------- | -------- | --------- | --------- | ------------
Depreciation |  |  |  |  |  |
At 1 Oct 2024 | 36,000 | 5,204 | 61,007 | 29,588 | – | 131,799
Charge for the year | 18,000 | 92 | 2,013 | 19,507 | – | 39,612
Disposals | – | – | ( 626) | – | – | ( 626)
| --------- | ------- | -------- | --------- | --------- | ------------
At 30 Sep 2025 | 54,000 | 5,296 | 62,394 | 49,095 | – | 170,785
| --------- | ------- | -------- | --------- | --------- | ------------
Carrying amount |  |  |  |  |  |
At 30 Sep 2025 | 846,000 | 519 | 6,037 | 62,893 | 585,086 | 1,500,535
| --------- | ------- | -------- | --------- | --------- | ------------
At 30 Sep 2024 | 864,000 | 611 | 8,486 | 71,905 | 585,086 | 1,530,088
| --------- | ------- | -------- | --------- | --------- | ------------

The director considers that the investment properties are disclosed at their fair value.
The freehold property was revalued in 2021 by a suitably qualified valuer at £900,000 on the basis of the market value and the director considers the amount disclosed in the accounts to be the fair value of the property.
Tangible assets held at valuation
In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

| Land and buildings
| £
At 30 September 2025 |
Aggregate cost | 440,338
Aggregate depreciation | (148,965)
| ---------
Carrying value | 291,373
| ---------

At 30 September 2024 |
Aggregate cost | 440,338
Aggregate depreciation | (140,158)
| ---------
Carrying value | 300,180
| ---------

6. Investments

| Shares in group undertakings
| £
Cost |
At 1 October 2024 and 30 September 2025 | 136,081
| ---------
Impairment |
At 1 October 2024 and 30 September 2025 | –
| ---------

Carrying amount |
At 30 September 2025 | 136,081
| ---------
At 30 September 2024 | 136,081
| ---------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 114,529 | 288,951
Amounts owed by group undertakings and undertakings in which the company has a participating interest | 609,609 | 159,772
Other debtors | 58,115 | 31,175
| --------- | ---------
| 782,253 | 479,898
| --------- | ---------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 14,626 | 16,035
Trade creditors | 404,260 | 368,431
Corporation tax | 33,540 | 44,898
Social security and other taxes | 23,182 | 15,099
Other creditors | 500,684 | 432,549
| --------- | ---------
| 976,292 | 877,012
| --------- | ---------

Kingdom Bank Ltd hold a legal charge secured on 23 Eskin Street, Keswick, Cumbria, CA12 4DQ. The charge was registered on 13 October 2023 and is included within bank loans and overdrafts.
9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 295,872 | 320,435
| --------- | ---------

Included within creditors: amounts falling due after more than one year is an amount of £237,367 (2024: £256,295) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.
Kingdom Bank Ltd hold a legal charge secured on 23 Eskin Street, Keswick, Cumbria, CA12 4DQ. The charge was registered on 13 October 2023 and is included within bank loans and overdrafts.
10. Directors' advances, credits and guarantees
At the balance sheet date the directors were owed £79,006 (2024: £237,752) by the company.