REGISTERED NUMBER: 05734233 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

Tyrrell Services Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

G Tyrrell

T E M Tyrrell

A J Tyrrell

REGISTERED OFFICE:

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

REGISTERED NUMBER:

05734233 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chancery House

30 St Johns Road

Woking

Surrey

GU21 7SA

FIXED ASSETS

Property, plant and equipment

5

51,831

96,995

CURRENT ASSETS

Inventories

58,252

45,650

Debtors

6

185,586

218,917

Cash at bank

83,011

22,531

326,849

287,098

CREDITORS

Amounts falling due within one year

7

(241,156

)

(338,542

)

NET CURRENT ASSETS/(LIABILITIES)

85,693

(51,444

)

TOTAL ASSETS LESS CURRENT LIABILITIES

137,524

45,551

CREDITORS

Amounts falling due after more than one year

8

(184,238

)

(47,995

)

NET LIABILITIES

(46,714

)

(2,444

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(46,814

)

(2,544

)

SHAREHOLDERS' FUNDS

(46,714

)

(2,444

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 12 November 2025 and were signed on its behalf by:

T E M Tyrrell - Director

A J Tyrrell - Director

1.	STATUTORY INFORMATION

Tyrrell Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

The Statement of Financial Position shows a deficit in retained earnings of £46,814. The company's directors have confirmed that they will continue to provide financial support to the company to enable it to meet its liabilities as they fall due for the foreseeable future. As such, the company's directors consider it appropriate to prepare the financial statements on a going concern basis.

Turnover

Revenue 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Inventories 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 Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 15 ) .

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

At 1 April 2024

2,279

5,359

155,838

10,870

174,346

Disposals

-

-

(49,565

)

-

(49,565

)

At 31 March 2025

2,279

5,359

106,273

10,870

124,781

Depreciation

At 1 April 2024

888

3,457

64,843

8,163

77,351

Charge for year

348

477

15,778

680

17,283

Eliminated on disposal

-

-

(21,684

)

-

(21,684

)

At 31 March 2025

1,236

3,934

58,937

8,843

72,950

Net book value

At 31 March 2025

1,043

1,425

47,336

2,027

51,831

At 31 March 2024

1,391

1,902

90,995

2,707

96,995

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

173,086

206,417

Other debtors

12,500

12,500

185,586

218,917

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts (see note 9)

20,248

26,250

Trade creditors

49,574

143,361

Taxation and social security

151,409

75,128

Other creditors

9,925

83,803

241,156

338,542

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

2,500

12,500

Hire purchase contracts (see note 9)

10,494

35,495

Taxation and social security

69,838

-

Other creditors

101,406

-

184,238

47,995

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31/3/25

31/3/24

£

£

Net obligations repayable:

Within one year

20,248

26,250

Between one and five years

10,494

35,495

30,742

61,745

Non-cancellable

operating leases

31/3/25

31/3/24

£

£

Within one year

75,428

86,578

Between one and five years

173,104

180,253

248,532

266,831