TIPSI LTD

Company Registration Number:
13920278 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 16 February 2022

End date: 28 February 2023

TIPSI LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TIPSI LTD

Directors' report period ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal activities of the company

The principal activities of the company are the development and management of mobile applications that facilitate the payment and receipt of gratuities for the hospitality, leisure and entertainment industries.



Directors

The director shown below has held office during the whole of the period from
16 February 2022 to 28 February 2023

William Renwick


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
14 November 2023

And signed on behalf of the board by:
Name: William Renwick
Status: Director

TIPSI LTD

Profit And Loss Account

for the Period Ended 28 February 2023

2023


£
Turnover: 0
Cost of sales: 0
Gross profit(or loss): 0
Administrative expenses: ( 52,549 )
Operating profit(or loss): (52,549)
Profit(or loss) before tax: (52,549)
Profit(or loss) for the financial year: (52,549)

TIPSI LTD

Balance sheet

As at 28 February 2023

Notes 2023


£
Current assets
Cash at bank and in hand: 7,389
Total current assets: 7,389
Creditors: amounts falling due within one year: 3 ( 32,431 )
Net current assets (liabilities): (25,042)
Total assets less current liabilities: (25,042)
Total net assets (liabilities): (25,042)
Capital and reserves
Called up share capital: 10
Profit and loss account: (25,052 )
Total Shareholders' funds: ( 25,042 )

The notes form part of these financial statements

TIPSI LTD

Balance sheet statements

For the year ending 28 February 2023 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 14 November 2023
and signed on behalf of the board by:

Name: William Renwick
Status: Director

The notes form part of these financial statements

TIPSI LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 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

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.Fixtures and fittings: 25 per cent on reducing balance Computer equipment: 33 per cent on cost

TIPSI LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023
    Average number of employees during the period 1

TIPSI LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Creditors: amounts falling due within one year note

2023
£
Trade creditors 32,431
Total 32,431