Caseware UK (AP4) 2021.0.152 2021.0.152 The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2021-01-01falsefalseNo description of principal activity22true 10875446 2021-01-01 2021-12-31 10875446 2020-01-01 2020-12-31 10875446 2021-12-31 10875446 2020-12-31 10875446 c:Director1 2021-01-01 2021-12-31 10875446 d:CurrentFinancialInstruments 2021-12-31 10875446 d:CurrentFinancialInstruments 2020-12-31 10875446 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 10875446 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 10875446 d:ShareCapital 2021-12-31 10875446 d:ShareCapital 2020-12-31 10875446 d:RetainedEarningsAccumulatedLosses 2021-12-31 10875446 d:RetainedEarningsAccumulatedLosses 2020-12-31 10875446 c:OrdinaryShareClass1 2021-01-01 2021-12-31 10875446 c:OrdinaryShareClass1 2021-12-31 10875446 c:OrdinaryShareClass1 2020-12-31 10875446 c:FRS102 2021-01-01 2021-12-31 10875446 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 10875446 c:FullAccounts 2021-01-01 2021-12-31 10875446 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10875446










Toltam Limited








Unaudited

Financial statements

For the year ended 31 December 2021

 
Toltam Limited
Registered number: 10875446

Balance sheet
As at 31 December 2021

2021
2020
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
2,544
2,620

Cash at bank and in hand
 5 
144,955
148,285

  
147,499
150,905

Creditors: amounts falling due within one year
 6 
(2,100)
(2,100)

Net current assets
  
 
 
145,399
 
 
148,805

Total assets less current liabilities
  
145,399
148,805

  

Net assets
  
145,399
148,805


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
145,299
148,705

  
145,399
148,805


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 10 September 2022.




P Smeets
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
Toltam Limited
 

 
Notes to the financial statements
For the year ended 31 December 2021

1.


General information

Toltam Limited (the 'company') is a private limited company incorporated and domiciled in England and Wales. The address of its registered office is 2nd Floor, 168 Shoreditch High Street, London, E1 6RA. The principal activity of the company is that of football consultancy services.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.4

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.6

Creditors

Short term creditors are measured at the transaction price.

Page 2

 
Toltam Limited
 

 
Notes to the financial statements
For the year ended 31 December 2021

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2020 - 2).


4.


Debtors

2021
2020
£
£


Other debtors
903
979

Called up share capital not paid
100
100

Tax recoverable
1,541
1,541

2,544
2,620



5.


Cash and cash equivalents

2021
2020
£
£

Cash at bank and in hand
144,955
148,285

144,955
148,285



6.


Creditors: Amounts falling due within one year

2021
2020
£
£

Accruals and deferred income
2,100
2,100

2,100
2,100



7.


Share capital

2021
2020
£
£
Allotted, called up and fully paid



100 (2020 - 100) Ordinary shares of £1.00 each
100
100

Page 3

 
Toltam Limited
 

 
Notes to the financial statements
For the year ended 31 December 2021

8.


Related party transactions

During the year the company made net payments of £452 (2020: received net payments of £2,606) to P Smeets, a director of the company. At the Balance Sheet date the amount outstanding was £903 (2020: £451) which is included within Other debtors.


9.


Controlling party

The company is under the control of its directors.

Page 4