REGISTERED NUMBER: 04368119 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

TUNED SERVICES LTD

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

-

500,090

Current assets

Stocks

-

35,000

Debtors

5

665,724

619

Cash at bank and in hand

89,187

181,751

754,911

217,370

Creditors

Amounts falling due within one year

6

125,908

23,985

Net current assets

629,003

193,385

Total assets less current liabilities

629,003

693,475

Capital and reserves

Called up share capital

7

3

3

Retained earnings

629,000

693,472

Shareholders' funds

629,003

693,475

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 July 2026 and were signed by:

Mr C R Simmons - Director

1.	Statutory information

Tuned Services Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 04368119. The registered office is Faulkner House, 31 West Street, Wimborne, Dorset, BH21 1JS, and business address is 3 Furzy Close, Weymouth, Dorset, DT3 6RX.

2.	Accounting policies

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents amounts receivable in respect of good and services provided in the ordinary course of business. Turnover is recognised when the service has been provided to the customer.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

at variable rates on reducing balance

Fixtures and fittings

-

at variable rates on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stock and Work In Progress are valued at the lower of cost and net realisable value.

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 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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 17 (2024 - 26 ) .

4.	Tangible fixed assets

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

Cost

At 29 February 2024

579,064

26,930

-

605,994

Additions

33,905

-

23,179

57,084

Disposals

(612,969

)

(26,930

)

(23,179

)

(663,078

)

At 28 February 2025

-

-

-

-

Depreciation

At 29 February 2024

105,904

-

-

105,904

Eliminated on disposal

(105,904

)

-

-

(105,904

)

At 28 February 2025

-

-

-

-

Net book value

At 28 February 2025

-

-

-

-

At 28 February 2024

473,160

26,930

-

500,090

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Other debtors

463,677

-

Directors' current accounts

192,019

-

VAT

10,028

619

665,724

619

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

13,196

-

Tax

105,518

22,465

Directors' current accounts

-

1,520

Accruals and deferred income

7,194

-

125,908

23,985

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3

Ordinary

£1

3

3

8.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 28 February 2024:

2025

2024

£

£

Mr C R Simmons

Balance outstanding at start of year

-

-

Amounts advanced

192,019

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

192,019

-

At the balance sheet date the director, Mr C Simmons, owed the company amounts totalling £192,019. The amount owing at the year end was the maximum amount owing throughout the year, and all amounts were fully repaid within 9 months of the year end.

9.	Ultimate controlling party

The company is under the control of Mrs K Simmons, by virtue of her majority ownership of the share capital of the company.