Todelli Ltd 10655419 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is Business and domestic software development Digita Accounts Production Advanced 6.30.9574.0 true 10655419 2022-04-01 2023-03-31 10655419 2023-03-31 10655419 core:RetainedEarningsAccumulatedLosses 2023-03-31 10655419 core:ShareCapital 2023-03-31 10655419 core:CurrentFinancialInstruments 2023-03-31 10655419 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 10655419 bus:SmallEntities 2022-04-01 2023-03-31 10655419 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 10655419 bus:FullAccounts 2022-04-01 2023-03-31 10655419 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 10655419 bus:RegisteredOffice 2022-04-01 2023-03-31 10655419 bus:Director1 2022-04-01 2023-03-31 10655419 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 10655419 countries:EnglandWales 2022-04-01 2023-03-31 10655419 2021-04-01 2022-03-31 10655419 2022-03-31 10655419 core:RetainedEarningsAccumulatedLosses 2022-03-31 10655419 core:ShareCapital 2022-03-31 10655419 core:CurrentFinancialInstruments 2022-03-31 10655419 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 10655419

Todelli Ltd

Annual Report and Unaudited Financial Statements- Companies house filing

for the Year Ended 31 March 2023

 

Todelli Ltd

(Registration number: 10655419)
Statement of Financial Position as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

1,788

-

Cash at bank and in hand

 

5

138

 

1,793

138

Creditors: Amounts falling due within one year

5

(10,610)

(8,444)

Net liabilities

 

(8,817)

(8,306)

Capital and reserves

 

Called up share capital

50

50

Profit and loss account

(8,867)

(8,356)

Shareholders' deficit

 

(8,817)

(8,306)

For the financial 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Income Statement has been taken.

Approved and authorised by the director on 15 November 2023
 

.........................................
C Michailidou
Director

 

Todelli Ltd

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ. United Kingdom.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Government grants

Grants are accounted for under the accruals model as permitted by FRS 102. Grants of a revenue nature are recognised in "Turnover" within profit or loss in the same period as the related expenditure. This includes a non-government grant to support the business through the coronavirus pandemic.

Trade debtors

Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

 

Todelli Ltd

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

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Debtors

2023
£

2022
£

Trade debtors

830

-

Prepayments

958

-

1,788

-

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Trade creditors

443

-

Accruals and deferred income

1,134

1,080

Other creditors

9,033

7,364

10,610

8,444

6

Going concern

The financial statements have been prepared on a going concern basis due to the continuing support of the director.