Company Registration No. 11827936 (England and Wales)
Tropogo Limited
Unaudited accounts
for the year ended 28 February 2023
Tropogo Limited
Unaudited accounts
Contents
Tropogo Limited
Company Information
for the year ended 28 February 2023
Directors
Sandipan Sen
Kunal Datta
Subrata Ghosh
Titir Bhattacharyya
Company Number
11827936 (England and Wales)
Registered Office
49
MAYES E CROCHAN
CARDIFF
CF3 0EL
UNITED KINGDOM
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
Tropogo Limited
Accountants' report
Accountants' report to the board of directors of Tropogo Limited on the preparation of the unaudited statutory accounts for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Tropogo Limited for the year ended
28 February 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Tropogo Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Tropogo Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tropogo Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Tropogo Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Tropogo Limited. You consider that Tropogo Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Tropogo Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
1 September 2023
Tropogo Limited
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
3,415
37,809
Creditors: amounts falling due within one year
(213,133)
(16,406)
Net current (liabilities)/assets
(105,480)
121,720
Total assets less current liabilities
(105,373)
121,965
Creditors: amounts falling due after more than one year
(28,289)
(38,098)
Net (liabilities)/assets
(133,662)
83,867
Called up share capital
132
131
Share premium
645,347
602,849
Profit and loss account
(779,141)
(519,113)
Shareholders' funds
(133,662)
83,867
For the year ending 28 February 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 1 September 2023 and were signed on its behalf by
Sandipan Sen
Director
Company Registration No. 11827936
Tropogo Limited
Notes to the Accounts
for the year ended 28 February 2023
Tropogo Limited is a private company, limited by shares, registered in England and Wales, registration number 11827936. The registered office is 49 , MAYES E CROCHAN, CARDIFF, CF3 0EL, UNITED KINGDOM.
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 year, 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.
Expenditure on research and development is written off in the year in which it is incurred.
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
Straight-line 33%
4
Tangible fixed assets
Computer equipment
Tropogo Limited
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Other debtors
103,986
100,222
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,809
9,554
Taxes and social security
5,093
6,852
Included within Creditors is £198,231 which relates to investment which has not yet converted as at year end.
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
1,319,262 Ordinary shares of £0.0001 each
131.92
130.56
Shares issued during the period:
13,591 Ordinary shares of £0.0001 each
1.35
A contingent liability of £250,000 may arise as owing back to the Director of Tropogo UK provided targets are met in the upcoming years
10
Transactions with related parties
As at the balance sheet date included in other debtors is an amount of £100,000
Tropogo Technologies Private Limited
The company is related to Tropogo Limited by virtue of common shareholders and directors. The amount owed from Tropogo Technologies Private Limited he balance sheet date was £100,000
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).