ACCOUNTS - Final Accounts preparation

TONSTATE TEN LIMITED - Company Information

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Registered number: 06004660

TONSTATE TEN LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2019

TONSTATE TEN LIMITED

COMPANY INFORMATION

Directors	E O Wojakovski
	A Matyas


Registered number	06004660


Registered office	3 Park Place
	St James's
	London
	SW1A 1LP


Accountants	Adler Shine LLP
	Aston House
	Cornwall Avenue
	London
	N3 1LF

TONSTATE TEN LIMITED

CONTENTS

	Page
Directors' Responsibilities Statement	1
Balance Sheet	2
Notes to the Financial Statements	3 - 4

TONSTATE TEN LIMITED

DIRECTORS' RESPONSIBILITIES STATEMENT

FOR THE YEAR ENDED 30 SEPTEMBER 2019

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Page 1

TONSTATE TEN LIMITED

REGISTERED NUMBER: 06004660

BALANCE SHEET

AS AT 30 SEPTEMBER 2019

		2019		2018
Note		£		£



Creditors: amounts falling due within one year	4	(44,573)		(44,098)
Net current liabilities			(44,573)		(44,098)
Total assets less current liabilities			(44,573)		(44,098)

Net liabilities			(44,573)		(44,098)

Capital and reserves
Called up share capital	5	1	1
Profit and loss account		(44,574)	(44,099)
		(44,573)	(44,098)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 June 2020.

A Matyas

Director

The notes on pages 3 to 4 form part of these financial statements.

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TONSTATE TEN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

1.	General information

Tonstate Ten Limited is a private company limited by shares incorporated in England and Wales. The registered office is 3 Park Place, St James's, London, SW1A 1LP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2018 - 2).

4.	Creditors: Amounts falling due within one year
		2019	2018
		£	£

Amounts owed to group undertakings	44,223	43,848
Accruals and deferred income	350	250
	44,573	44,098

5.	Share capital
		2019	2018
		£	£

Authorised

100 (2018 - 100) Ordinary shares of £1.00 each	100	100

Allotted, called up and fully paid

1 (2018 - 1) Ordinary share of £1.00	1	1

Page 3

TONSTATE TEN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2019

6.	Controlling party

The ultimate parent undertaking and controlling party is Tonstate Group Limited, a company incorporated in England & Wales.

Page 4