Company Registration No. 09156597 (England and Wales)
Tirius Ventures Limited
Unaudited accounts
for the year ended 31 August 2022
Tirius Ventures Limited
Unaudited accounts
Contents
Tirius Ventures Limited
Company Information
for the year ended 31 August 2022
Company Number
09156597 (England and Wales)
Registered Office
12 CWRT Y PARC, EARLSWOOD ROAD
LLANISHEN
CARDIFF
CF14 5GH
WALES
Accountants
williams lester accountants ltd
12 Cwrt Y Parc, Earlswood Road
Llanishen
Cardiff
Cardiff
CF14 5GH
Tirius Ventures Limited
Statement of financial position
as at 31 August 2022
Tangible assets
14,162
16,745
Cash at bank and in hand
801
3
Creditors: amounts falling due within one year
(24,405)
(7,907)
Net current (liabilities)/assets
(4,107)
9,160
Total assets less current liabilities
10,055
25,905
Creditors: amounts falling due after more than one year
(8,728)
(11,201)
Called up share capital
1
1
Profit and loss account
1,326
14,703
Shareholders' funds
1,327
14,704
For the year ending 31 August 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 11 September 2023 and were signed on its behalf by
Dr T M Kelly
Director
Company Registration No. 09156597
Tirius Ventures Limited
Notes to the Accounts
for the year ended 31 August 2022
Tirius Ventures Limited is a private company, limited by shares, registered in England and Wales, registration number 09156597. The registered office is 12 CWRT Y PARC, EARLSWOOD ROAD, LLANISHEN, CARDIFF, CF14 5GH, WALES.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2021
23,566
6,196
4,788
34,550
Additions
1,188
-
1,224
2,412
At 31 August 2022
24,754
6,196
6,012
36,962
At 1 September 2021
12,408
2,034
3,363
17,805
Charge for the year
2,469
832
1,694
4,995
At 31 August 2022
14,877
2,866
5,057
22,800
At 31 August 2022
9,877
3,330
955
14,162
At 31 August 2021
11,158
4,162
1,425
16,745
Tirius Ventures Limited
Notes to the Accounts
for the year ended 31 August 2022
Amounts falling due within one year
Trade debtors
14,069
17,064
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
3,000
3,000
Taxes and social security
7,186
6,110
Loans from directors
12,432
(3,391)
7
Creditors: amounts falling due after more than one year
2022
2021
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
At the balance sheet date, the trade debtors figure includes an amount of £14,279 due from the Director for services provided at market rates on an arms length basis.
10
Average number of employees
During the year the average number of employees was 1 (2021: 1).