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COMPANY REGISTRATION NUMBER: 03567613
Torch Limited
Filleted Unaudited Financial Statements
31 March 2023
Torch Limited
Statement of Financial Position
31 March 2023
2023
2022
£
£
£
Fixed assets
1,875
2,847
-------
-------
Current assets
193,804
158,095
Creditors: amounts falling due within one year
55,750
81,007
---------
---------
Net current assets
138,054
77,088
---------
--------
Total assets less current liabilities
139,929
79,935
Creditors: amounts falling due after more than one year
15,422
Accruals and deferred income
10,463
61,694
---------
--------
129,466
2,819
---------
--------
Capital and reserves
129,466
2,819
---------
-------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
2. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Miss A Gowans
( 21,550)
105,898
( 81,000)
3,348
--------
---------
--------
-------
2022
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Miss A Gowans
( 6,009)
65,459
( 81,000)
( 21,550)
-------
--------
--------
--------
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 27 October 2023 , and are signed on behalf of the board by:
Miss A Gowans
Director
Company registration number: 03567613
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is No 1 The Mews, 6 Putney Common, London, SW15 1HL.