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Company Registration No. 10518250 (England and Wales)
Tosol Ltd Unaudited accounts for the year ended 31 December 2022
Tosol Ltd Unaudited accounts Contents
Page
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Tosol Ltd Company Information for the year ended 31 December 2022
Director
T G P Myatt Esq
Company Number
10518250 (England and Wales)
Registered Office
45 Etnam Street Leominster HR6 8AE England
Accountants
Armstrong Rogers & Co 45 Etnam Street Leominster Herefordshire HR6 8AE
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Tosol Ltd Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
555 
615 
Current assets
Debtors
13,340 
- 
Cash at bank and in hand
19 
55 
13,359 
55 
Creditors: amounts falling due within one year
(6,938)
(1,436)
Net current assets/(liabilities)
6,421 
(1,381)
Total assets less current liabilities
6,976 
(766)
Provisions for liabilities
Deferred tax
(105)
- 
Net assets/(liabilities)
6,871 
(766)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,771 
(866)
Shareholders' funds
6,871 
(766)
For the year ending 31 December 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 4 October 2023 and were signed on its behalf by
T G P Myatt Esq Director Company Registration No. 10518250
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Tosol Ltd Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Tosol Ltd is a private company, limited by shares, registered in England and Wales, registration number 10518250. The registered office is 45 Etnam Street, Leominster, HR6 8AE, England.
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 year, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Reducing Balance Basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2022
1,457 
Additions
125 
At 31 December 2022
1,582 
Depreciation
At 1 January 2022
842 
Charge for the year
185 
At 31 December 2022
1,027 
Net book value
At 31 December 2022
555 
At 31 December 2021
615 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,208 
- 
Accrued income and prepayments
132 
- 
13,340 
- 
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Tosol Ltd Notes to the Accounts for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade creditors
- 
228 
Taxes and social security
3,642 
- 
Other creditors
3,016 
974 
Accruals
280 
234 
6,938 
1,436 
7
Deferred taxation
2022 
2021 
£ 
£ 
Accelerated capital allowances
105 
- 
2022 
2021 
£ 
£ 
Charged to the profit and loss account
105 
- 
Provision at end of year
105 
- 
8
Transactions with related parties
At 31 December 2022, Mr T.G.P. Myatt was owed £2,704 (2021: £974) in respect of his Directors Current Account.
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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