Tuningbill Limited - Filleted accounts

Registered number

11720342

Tuningbill Limited

Unaudited Filleted Accounts

31 December 2025

Tuningbill Limited
Registered number:		11720342
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		-			1,894
Investments	4		8,458			8,458
			8,458			10,352

Current assets
Debtors	5	361,146			377,970
Cash at bank and in hand		425			40,177
		361,571			418,147

Creditors: amounts falling due within one year	6	(123,467)			(119,485)

Net current assets			238,104			298,662

Total assets less current liabilities			246,562			309,014


Provisions for liabilities			-			(360)


Net assets			246,562			308,654

Capital and reserves
Called up share capital			1,303			1,303
Pending allotment			831,250			799,406
Share premium			1,518,928			1,518,928
Profit and loss account			(2,104,919)			(2,010,983)

Shareholders' funds			246,562			308,654

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.


Asit Beesen
Director
Approved by the board on 24 June 2026

Tuningbill Limited
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	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).

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	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.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	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.

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

2	Employees			2025		2024
	Including the director			Number	Number

	Average number of persons employed by the company			1		1


3	Tangible fixed assets
						Plant and machinery etc
£
	Cost
	At 1 January 2025					4,373
	Disposals					(1,894)
	At 31 December 2025					2,479

	Depreciation
	At 1 January 2025					2,479
	At 31 December 2025					2,479

	Net book value
	At 31 December 2025					-
	At 31 December 2024					1,894


4	Investments
Investments in
subsidiary			Other
undertakings			investments		Total
£			£		£
	Cost
	At 1 January 2025	4,757		3,701		8,458

	At 31 December 2025	4,757		3,701		8,458


5	Debtors			2025		2024
£					£

	Amounts owed by group undertakings			71,784		-
	Other debtors			289,362		377,970
				361,146		377,970


6	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			20,288		29,226
	Taxation and social security costs			(1,680)		824
	Other creditors			104,859		89,435
				123,467		119,485


7	Related party transactions			2025		2024
£					£
	With a company where the director has cotrolling interest:
	With a company where the director has cotrolling interest:
	a) Sum payable on demand			104,770		89,429
	b) Sum due from them			274,580		274,580


	The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, not to disclose related party transactions with wholly owned subsidiaries within the group.




8	Controlling party

	The director has controlling stake in the company


9	Other information

	Tuningbill Limited is a private company limited by shares and incorporated in England. Its registered office is:
	124 City Road
	London
	EC1V 2NX