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REGISTERED NUMBER: 12212401















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Technology for Learning in Childcare
(TLC) Ltd

Technology for Learning in Childcare
(TLC) Ltd (Registered number: 12212401)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Technology for Learning in Childcare
(TLC) Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs S G Rose
S R Cowburn





REGISTERED OFFICE: 1 Nans Rosen
Threemilestone
TRURO
Cornwall
TR3 6FW





REGISTERED NUMBER: 12212401





ACCOUNTANTS: Colin Truscott Accountancy Limited
9 Heron Close
Tresillian
Cornwall
TR2 4BH

Technology for Learning in Childcare
(TLC) Ltd (Registered number: 12212401)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,374 4,932
Investment property 5 150,681 150,681
158,055 155,613

CURRENT ASSETS
Debtors 6 84,773 77,525
Cash at bank 28,102 26,686
112,875 104,211
CREDITORS
Amounts falling due within one year 7 68,190 63,725
NET CURRENT ASSETS 44,685 40,486
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,740

196,099

CREDITORS
Amounts falling due after more than
one year

8

(158,000

)

(178,000

)

PROVISIONS FOR LIABILITIES (1,401 ) (937 )
NET ASSETS 43,339 17,162

Technology for Learning in Childcare
(TLC) Ltd (Registered number: 12212401)

Balance Sheet - continued
31 March 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 43,239 17,062
43,339 17,162

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 22 September 2023 and were signed on its behalf by:





S R Cowburn - Director


Technology for Learning in Childcare
(TLC) Ltd (Registered number: 12212401)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Technology for Learning in Childcare (TLC) Ltd is a private company, limited by shares , registered in Not specified/Other. 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Technology for Learning in Childcare
(TLC) Ltd (Registered number: 12212401)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued

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 8 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 8,006
Additions 5,052
At 31 March 2023 13,058
DEPRECIATION
At 1 April 2022 3,074
Charge for year 2,610
At 31 March 2023 5,684
NET BOOK VALUE
At 31 March 2023 7,374
At 31 March 2022 4,932

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2022
and 31 March 2023 150,681
NET BOOK VALUE
At 31 March 2023 150,681
At 31 March 2022 150,681

Technology for Learning in Childcare
(TLC) Ltd (Registered number: 12212401)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 84,337 70,525
Other debtors 436 7,000
84,773 77,525

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 11,608 6,297
Other creditors 56,582 57,428
68,190 63,725

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Other creditors 158,000 178,000

9. RELATED PARTY DISCLOSURES

Included within long term Other Creditors is an amount owing to Flying Start Nurseries (SW) Ltd in the sum of £158,000 (2022: £178,000), a company in which Mrs SWE Cowburn is a director and shareholder.