TONENE CONTRACTS LTD iXBRL

Company Number: NI660655

TONENE CONTRACTS LTD

Abridged Unaudited Financial Statements

for the financial year ended 30 April 2021

TONENE CONTRACTS LTD

Company Number: NI660655

ABRIDGED BALANCE SHEET

as at 30 April 2021

			2021		2020
		Notes	£		£
Current Assets

Debtors			-		10
Cash at bank and in hand			493		-
			─────────		─────────
			493		10
			─────────		─────────
Creditors: Amounts falling due within one year			(1,323)		-
			─────────		─────────
Net Current (Liabilities)/Assets			(830)		10
			─────────		─────────
Total Assets less Current Liabilities			(830)		10
			═════════		═════════
Capital and Reserves

Called up share capital			10		10
Profit and Loss Account			(840)		-
			─────────		─────────
Shareholders' (Deficit)/Funds			(830)		10
			═════════		═════════
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).

All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.

The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.

For the financial year ended 30 April 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Director and authorised for issue on 30 September 2021

________________________________
Mr. Tony Hughes
Director

TONENE CONTRACTS LTD

NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 30 April 2021

1.	General Information
	TONENE CONTRACTS LTD is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI660655. The registered office of the company is 2 Church Street, Ballygawley, Dungannon, Co. Tyrone, BT70 2HB, United Kingdom. The nature of the company's operations and its principal activities are set out in the Director's Report.

2.	Summary of Significant Accounting Policies
	The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
	Statement of compliance
	The financial statements of the company for the financial year ended 30 April 2021 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
	Basis of preparation
	The financial statements have been prepared in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
	Trade and other debtors
	Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
	Trade and other creditors
	Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
	Taxation
	Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
	Ordinary share capital
	The ordinary share capital of the company is presented as equity.

3.	Going concern
	Although a small loss was made during the accounting period, the director is confident that the business will be profitable in the coming years, and considers the company to be a going concern.

4.	Employees
	The average monthly number of employees, including director, during the financial year was 1, (2020 - 1).
		2021	2020
		Number	Number
	Administrative	1	1
		═════════	═════════

5.	Capital commitments
	The company had no material capital commitments at the financial year-ended 30 April 2021.

6.	Post-Balance Sheet Events
	There have been no significant events affecting the company since the financial year-end.