REGISTERED NUMBER: 01650072 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

John Tinney & Co Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J F Tinney

Mr D L Tinney

Mrs S C Tinney

SECRETARY:

Mr D L Tinney

REGISTERED OFFICE:

Matching Hall

Matching

Harlow

Essex

CM17 0QZ

REGISTERED NUMBER:

01650072 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

8,125,497

8,218,802

Investments

5

315,618

312,331

8,441,115

8,531,133

CURRENT ASSETS

Stocks

316,903

347,900

Debtors

6

2,299,539

2,409,241

Cash at bank

8,740

8,582

2,625,182

2,765,723

CREDITORS

Amounts falling due within one year

1,223,484

1,162,395

NET CURRENT ASSETS

1,401,698

1,603,328

TOTAL ASSETS LESS CURRENT LIABILITIES

9,842,813

10,134,461

CREDITORS

Amounts falling due after more than one year

(1,656,491

)

(1,515,763

)

PROVISIONS FOR LIABILITIES

7

(1,423,548

)

(1,435,686

)

NET ASSETS

6,762,774

7,183,012

CAPITAL AND RESERVES

Called up share

8

15,750

15,750

Share premium

1,599,546

1,599,546

Other reserves

4,455,000

4,455,000

Retained earnings

692,478

1,112,716

SHAREHOLDERS' FUNDS

6,762,774

7,183,012

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2025 and were signed on its behalf by:

Mr D L Tinney - Director

Mr J F Tinney - Director

Mrs S C Tinney - Director

1.	STATUTORY INFORMATION

John Tinney & Co Limited 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.

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 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.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

and 31 December 2024

9,452,356

DEPRECIATION

At 1 January 2024

1,233,554

Charge for year

93,305

At 31 December 2024

1,326,859

NET BOOK VALUE

At 31 December 2024

8,125,497

At 31 December 2023

8,218,802

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 January 2024

312,331

Additions

3,287

At 31 December 2024

315,618

NET BOOK VALUE

At 31 December 2024

315,618

At 31 December 2023

312,331

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other debtors

1,703,412

1,700,412

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

1,423,548

1,435,686

Deferred

tax

£

Balance at 1 January 2024

1,435,686

Provided during year

(12,138

)

Balance at 31 December 2024

1,423,548

8.	CALLED UP SHARE

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

13,750

Ordinary

1

15,750

13,750

1,000

Ordinary A

1

-

1,000

1,000

Ordinary B

1

-

1,000

15,750

15,750