IRIS Accounts Production v23.1.5.20 11996809 director 1.11.21 31.10.22 31.10.22 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure119968092021-10-31119968092022-10-31119968092021-11-012022-10-31119968092020-10-31119968092020-11-012021-10-31119968092021-10-3111996809ns16:EnglandWales2021-11-012022-10-3111996809ns15:PoundSterling2021-11-012022-10-3111996809ns11:Director12021-11-012022-10-3111996809ns11:PrivateLimitedCompanyLtd2021-11-012022-10-3111996809ns11:SmallEntities2021-11-012022-10-3111996809ns11:AuditExempt-NoAccountantsReport2021-11-012022-10-3111996809ns11:SmallCompaniesRegimeForDirectorsReport2021-11-012022-10-3111996809ns11:SmallCompaniesRegimeForAccounts2021-11-012022-10-3111996809ns11:FullAccounts2021-11-012022-10-3111996809ns11:CompanySecretary12021-11-012022-10-3111996809ns11:RegisteredOffice2021-11-012022-10-3111996809ns6:CurrentFinancialInstruments2022-10-3111996809ns6:CurrentFinancialInstruments2021-10-3111996809ns6:Non-currentFinancialInstruments2022-10-3111996809ns6:Non-currentFinancialInstruments2021-10-3111996809ns6:ShareCapital2022-10-3111996809ns6:ShareCapital2021-10-3111996809ns6:RetainedEarningsAccumulatedLosses2022-10-3111996809ns6:RetainedEarningsAccumulatedLosses2021-10-3111996809ns6:PlantMachinery2021-11-012022-10-3111996809ns6:PlantMachinery2022-10-3111996809ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2021-10-3111996809ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2022-10-3111996809ns6:BetweenTwoFiveYearsns6:Non-currentFinancialInstruments2021-10-31
REGISTERED NUMBER: 11996809 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 October 2022

for

Tmc Technology Ltd

Tmc Technology Ltd (Registered number: 11996809)






Contents of the Financial Statements
for the Year Ended 31 October 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tmc Technology Ltd

Company Information
for the Year Ended 31 October 2022







DIRECTOR: M P Smith





SECRETARY:





REGISTERED OFFICE: 20-22 Wenlock Road
London
N1 7GU





REGISTERED NUMBER: 11996809 (England and Wales)





ACCOUNTANTS: Stone's Accountancy Sussex Limited
398 Coast Road
Pevensey Bay
Pevensey
East Sussex
BN24 6NY

Tmc Technology Ltd (Registered number: 11996809)

Balance Sheet
31 October 2022

31/10/22 31/10/21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,024 -

CURRENT ASSETS
Cash at bank 823 1,379

CREDITORS
Amounts falling due within one year 5 26,465 17,441
NET CURRENT LIABILITIES (25,642 ) (16,062 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,618

)

(16,062

)

CREDITORS
Amounts falling due after more than
one year

6

141,236

97,708
NET LIABILITIES (157,854 ) (113,770 )

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings (162,854 ) (118,770 )
SHAREHOLDERS' FUNDS (157,854 ) (113,770 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

Tmc Technology Ltd (Registered number: 11996809)

Balance Sheet - continued
31 October 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 October 2023 and were signed by:





M P Smith - Director


Tmc Technology Ltd (Registered number: 11996809)

Notes to the Financial Statements
for the Year Ended 31 October 2022

1. STATUTORY INFORMATION

Tmc Technology Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - NIL).

Tmc Technology Ltd (Registered number: 11996809)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 11,279
At 31 October 2022 11,279
DEPRECIATION
Charge for year 2,255
At 31 October 2022 2,255
NET BOOK VALUE
At 31 October 2022 9,024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/10/22 31/10/21
£    £   
Directors' loan accounts 25,253 16,357
Accrued expenses 1,212 1,084
26,465 17,441

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31/10/22 31/10/21
£    £   
Bank loans (see note 7) 24,048 30,520
Other loans (see note 7) 117,188 67,188
141,236 97,708

7. LOANS

An analysis of the maturity of loans is given below:

31/10/22 31/10/21
£    £   
Amounts falling due between one and two years:
Other loans - 1-2 years 37,188 67,188

Tmc Technology Ltd (Registered number: 11996809)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

7. LOANS - continued
31/10/22 31/10/21
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 24,048 30,520
Other loans - 2-5 years 80,000 -
104,048 30,520

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date, the director of the company loaned the company the directors loan account to fund costs spent for investment within the business. There is no interest on the loan and the loan is repayable on demand.