IRIS Accounts Production v23.2.0.158 04093237 director 1.1.22 31.12.22 31.12.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh040932372021-12-31040932372022-12-31040932372022-01-012022-12-31040932372020-12-31040932372021-01-012021-12-31040932372021-12-3104093237ns10:Originalns15:EnglandWales2022-01-012022-12-3104093237ns14:PoundSterlingns10:Original2022-01-012022-12-3104093237ns10:Originalns10:Director12022-01-012022-12-3104093237ns10:Original2022-01-012022-12-3104093237ns10:Original2022-12-3104093237ns10:Originalns10:PrivateLimitedCompanyLtd2022-01-012022-12-3104093237ns10:Originalns10:SmallEntities2022-01-012022-12-3104093237ns10:Originalns10:AuditExempt-NoAccountantsReport2022-01-012022-12-3104093237ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-01-012022-12-3104093237ns10:SmallCompaniesRegimeForAccountsns10:Original2022-01-012022-12-3104093237ns10:Originalns10:FullAccounts2022-01-012022-12-3104093237ns10:Originalns10:RegisteredOffice2022-01-012022-12-3104093237ns10:Original2021-12-3104093237ns10:Originalns5:CurrentFinancialInstruments2022-12-3104093237ns10:Originalns5:CurrentFinancialInstruments2021-12-3104093237ns10:Originalns5:Non-currentFinancialInstruments2022-12-3104093237ns10:Originalns5:Non-currentFinancialInstruments2021-12-3104093237ns5:ShareCapitalns10:Original2022-12-3104093237ns5:ShareCapitalns10:Original2021-12-3104093237ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3104093237ns10:Originalns5:RetainedEarningsAccumulatedLosses2021-12-3104093237ns10:Original2021-01-012021-12-3104093237ns10:Originalns5:PlantMachinery2021-12-3104093237ns10:Originalns5:PlantMachinery2022-01-012022-12-3104093237ns10:Originalns5:PlantMachinery2022-12-3104093237ns10:Originalns5:PlantMachinery2021-12-3104093237ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3104093237ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2021-12-3104093237ns10:Original12022-01-012022-12-31
REGISTERED NUMBER: 04093237 (England and Wales)















TIBERONE TECHNOLOGIES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022






TIBERONE TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04093237)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TIBERONE TECHNOLOGIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTOR: Mr P Hogan





REGISTERED OFFICE: 1 Brookmans Avenue
Brookmans Park
Hatfield
Hertfordshire
AL9 7QH





BUSINESS ADDRESS: Parkshot House
5 Kew Road
Richmond
TW9 2PR`





REGISTERED NUMBER: 04093237 (England and Wales)





ACCOUNTANTS: P G ASSOCIATES
Accountants
1 Brookmans Avenue
Brookmans Park
Hatfield
Hertfordshire
AL9 7QH

TIBERONE TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04093237)

BALANCE SHEET
31 DECEMBER 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 6,631 8,841

CURRENT ASSETS
Debtors 5 379,318 513,104
Cash at bank 9,327 19,650
388,645 532,754
CREDITORS
Amounts falling due within one year 6 40,668 97,215
NET CURRENT ASSETS 347,977 435,539
TOTAL ASSETS LESS CURRENT
LIABILITIES

354,608

444,380

CREDITORS
Amounts falling due after more than one
year

7

230,182

295,737
NET ASSETS 124,426 148,643

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 124,326 148,543
SHAREHOLDERS' FUNDS 124,426 148,643

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

TIBERONE TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04093237)

BALANCE SHEET - continued
31 DECEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 October 2023 and were signed by:





Mr P Hogan - Director


TIBERONE TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04093237)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022


1. STATUTORY INFORMATION

Tiberone Technologies Limited 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
Revenue 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 Statement of Income and Retained Earnings, 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2021 - 5 ) .

TIBERONE TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04093237)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 January 2022
and 31 December 2022 149,585
DEPRECIATION
At 1 January 2022 140,744
Charge for year 2,210
At 31 December 2022 142,954
NET BOOK VALUE
At 31 December 2022 6,631
At 31 December 2021 8,841

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 23,129 73,424
Other debtors 356,189 439,680
379,318 513,104

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade creditors 1 1
Taxation and social security 16,525 50,876
Other creditors 24,142 46,338
40,668 97,215

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Bank loans 35,738 45,737
Other creditors 194,444 250,000
230,182 295,737

TIBERONE TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04093237)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


8. POST BALANCE SHEET EVENTS

As with most businesses, we have been impacted by the Coronavirus (Covid 19). This has had an impact on our operations, customers, suppliers and staff. We have (where appropriate) utilised the grants and benefits available from the Government and are taking all the steps we can to protect the future of our business.Although the total impact is still uncertain, the director believes that it is appropriate to prepare the accounts on a going concern basis. During 2021 the company took advantage of both a bounce Back Loan and a Business Interruption Loan totalling £300,000 .