Company Registration No. 11155894 (England and Wales)
Technobits Ltd
Unaudited accounts
for the period from 1 April 2022 to 31 July 2022
Technobits Ltd
Unaudited accounts
Contents
Technobits Ltd
Company Information
for the period from 1 April 2022 to 31 July 2022
Company Number
11155894 (England and Wales)
Registered Office
55 Kingsway
Banbury
OX16 9NX
England
Accountants
MCC Partners
Springhead Enterprise Park
Fleet House, Springhead Road
Ebbsfleet
Kent
DA11 8HJ
Technobits Ltd
Statement of financial position
as at 31 July 2022
Cash at bank and in hand
-
21,320
Creditors: amounts falling due within one year
-
(7,011)
Net current assets
12,309
14,309
Called up share capital
100
100
Profit and loss account
12,209
14,209
Shareholders' funds
12,309
14,309
For the period ending 31 July 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 August 2022 and were signed on its behalf by
S Cyriac
Director
Company Registration No. 11155894
Technobits Ltd
Notes to the Accounts
for the period from 1 April 2022 to 31 July 2022
Technobits Ltd is a private company, limited by shares, registered in England and Wales, registration number 11155894. The registered office is 55 Kingsway, Banbury, OX16 9NX, England. The company is in the process of being wound up.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
4
Debtors: amounts falling due within one year
31/07/2022
31/03/2022
5
Creditors: amounts falling due within one year
31/07/2022
31/03/2022
Taxes and social security
-
492
Loans from directors
-
6,399
6
Average number of employees
During the period the average number of employees was 0 (31/03/2022: 0).