TSN (NORTHEAST) LIMITED


Director	MASOOD, Tariq


Registered Address	2nd Floor Grove House
	55 Lowlands Road
	Harrow
	HA1 3AW


Registered Number	14153921 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Current assets
Stocks	3	2,112		1,931
Debtors	4	238,782		134,792
Cash at bank and on hand		8,445		11,603
		249,339		148,326
Creditors amounts falling due within one year	5	(180,408)		(96,572)
Net current assets (liabilities)			68,931		51,754
Total assets less current liabilities			68,931		51,754
Net assets			68,931		51,754
Capital and reserves
Called up share capital			100		100
Profit and loss account			68,831		51,654
Shareholders' funds			68,931		51,754

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 15 May 2026, and are signed on its behalf by:

MASOOD, Tariq
Director
Registered Company No. 14153921

TSN (NORTHEAST) LIMITED

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	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).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Current taxation
	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
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).

2.	Average number of employees


		2025		2024
	Average number of employees during the year	13		15

3.	Stocks

	2025	2024
	£	£
Raw materials and consumables	2,112	1,931
Total	2,112	1,931

4.	Debtors: amounts due within one year

	2025	2024
	£	£
Amounts owed by group undertakings	222,909	130,548
Other debtors	9,321	-
Prepayments and accrued income	6,552	4,244
Total	238,782	134,792


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	33,956	30,524
Amounts owed to related parties	51,746	29,663
Taxation and social security	28,775	12,287
Other creditors	65,913	21,764
Accrued liabilities and deferred income	18	2,334
Total	180,408	96,572


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Directors advances, credits and guarantees
	Other creditors include a balance of £6,627 (2024: £Nil) related to the director's loan account Mr T Masood.

7.	Related party transactions
	At the year-end, Amount owed by/to group undertaking balances include £8,226.87 (2024 :£8,193) due to ATM (North East) Ltd and £26,968 (2024: £21,469 ) due to KTM (North East) Ltd and £2,800 (2024: £8,100) due to TM (Holdings) Ltd and £222,909 (2024: £118,448) due from SBM (Northern) Ltd and £13,750 (2024: £4,000) due to KATS (Stockton) Ltd, where Mr T Masood is also director of those companies. Included in other debtors is an amount of £23,247 (2024: £7,347) which relates to Lounge (MBR) Limited, where Mr. T Masood is also director and shareholder of the company.

Related party transactions

At the year-end, Amount owed by/to group undertaking balances include £8,226.87 (2024 :£8,193) due to ATM (North East) Ltd and £26,968 (2024: £21,469 ) due to KTM (North East) Ltd and £2,800 (2024: £8,100) due to TM (Holdings) Ltd and £222,909 (2024: £118,448) due from SBM (Northern) Ltd and £13,750 (2024: £4,000) due to KATS (Stockton) Ltd, where Mr T Masood is also director of those companies.

Included in other debtors is an amount of £23,247 (2024: £7,347) which relates to Lounge (MBR) Limited, where Mr. T Masood is also director and shareholder of the company.