TECHAID LTD

Company Registration Number:
12950099 (England and Wales)

Unaudited statutory accounts for the year ended 7 November 2022

Period of accounts

Start date: 1 November 2021

End date: 7 November 2022

TECHAID LTD

Contents of the Financial Statements

for the Period Ended 7 November 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TECHAID LTD

Profit And Loss Account

for the Period Ended 7 November 2022

2022 13 months to 31 October 2021


£

£
Turnover: 82,626 43,194
Cost of sales: ( 2,543 )
Gross profit(or loss): 80,083 43,194
Distribution costs: ( 2,245 )
Administrative expenses: ( 1,536 ) ( 409 )
Other operating income: 866
Operating profit(or loss): 76,302 43,651
Interest payable and similar charges: ( 56,039 ) ( 17,232 )
Profit(or loss) before tax: 20,263 26,419
Tax: ( 4,715 ) ( 3,476 )
Profit(or loss) for the financial year: 15,548 22,943

TECHAID LTD

Balance sheet

As at 7 November 2022

Notes 2022 13 months to 31 October 2021


£

£
Fixed assets
Intangible assets: 3 9,950 9,951
Total fixed assets: 9,950 9,951
Current assets
Stocks: 4 3,259 6,977
Total current assets: 3,259 6,977
Creditors: amounts falling due within one year: 5 ( 8,197 ) ( 3,477 )
Net current assets (liabilities): (4,938) 3,500
Total assets less current liabilities: 5,012 13,451
Accruals and deferred income: ( 756 )
Total net assets (liabilities): 5,012 12,695
Capital and reserves
Called up share capital: 5,012 12,695
Total Shareholders' funds: 5,012 12,695

The notes form part of these financial statements

TECHAID LTD

Balance sheet statements

For the year ending 7 November 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 15 November 2023
and signed on behalf of the board by:

Name: Aiden Bell
Status: Director

The notes form part of these financial statements

TECHAID LTD

Notes to the Financial Statements

for the Period Ended 7 November 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TECHAID LTD

Notes to the Financial Statements

for the Period Ended 7 November 2022

  • 2. Employees

    2022 13 months to 31 October 2021
    Average number of employees during the period 1 1

TECHAID LTD

Notes to the Financial Statements

for the Period Ended 7 November 2022

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 November 2021 9,951 9,951
Additions
Disposals
Revaluations
Transfers
At 7 November 2022 9,951 9,951
Amortisation
At 1 November 2021 0 0
Charge for year
On disposals 0 0
Other adjustments 1 1
At 7 November 2022 1 1
Net book value
At 7 November 2022 9,950 9,950
At 31 October 2021 9,951 9,951

TECHAID LTD

Notes to the Financial Statements

for the Period Ended 7 November 2022

4. Stocks

2022 13 months to 31 October 2021
£ £
Payments on account 3,259 6,977
Total 3,259 6,977

TECHAID LTD

Notes to the Financial Statements

for the Period Ended 7 November 2022

5. Creditors: amounts falling due within one year note

2022 13 months to 31 October 2021
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 8,197 3,477
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 8,197 3,477