1 April 2022 false No description of principal activity Taxfiler 2022.8.3 11155894business:PrivateLimitedCompanyLtd2022-04-012022-07-31 111558942022-03-31 111558942022-04-012022-07-31 11155894business:AuditExemptWithAccountantsReport2022-04-012022-07-31 11155894business:FullAccounts2022-04-012022-07-31 111558942022-07-31 11155894business:Director12022-04-012022-07-31 11155894business:RegisteredOffice2022-04-012022-07-31 111558942022-03-31 11155894core:WithinOneYear2022-07-31 11155894core:WithinOneYear2022-03-31 11155894core:ShareCapital2022-07-31 11155894core:ShareCapital2022-03-31 11155894core:RetainedEarningsAccumulatedLosses2022-07-31 11155894core:RetainedEarningsAccumulatedLosses2022-03-31 11155894business:SmallEntities2022-04-012022-07-31 11155894countries:EnglandWales2022-04-012022-07-31 111558942021-04-012022-03-31 iso4217:GBP xbrli:pure
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
Page
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Technobits Ltd Company Information for the period from 1 April 2022 to 31 July 2022
Director
S Cyriac
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
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Technobits Ltd Statement of financial position as at 31 July 2022
31/07/2022 
31/03/2022 
Notes
£ 
£ 
Current assets
Debtors
12,309 
- 
Cash at bank and in hand
- 
21,320 
12,309 
21,320 
Creditors: amounts falling due within one year
- 
(7,011)
Net current assets
12,309 
14,309 
Net assets
12,309 
14,309 
Capital and reserves
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
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Technobits Ltd Notes to the Accounts for the period from 1 April 2022 to 31 July 2022
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 taxation
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 
£ 
£ 
Other debtors
12,309 
- 
5
Creditors: amounts falling due within one year
31/07/2022 
31/03/2022 
£ 
£ 
Taxes and social security
- 
492 
Loans from directors
- 
6,399 
Accruals
- 
120 
- 
7,011 
6
Average number of employees
During the period the average number of employees was 0 (31/03/2022: 0).
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