Company Registration No. 11937385 (England and Wales)
TECHIRE SOLUTIONS LTD
Unaudited accounts
for the year ended 31 March 2023
TECHIRE SOLUTIONS LTD
Unaudited accounts
Contents
TECHIRE SOLUTIONS LTD
Company Information
for the year ended 31 March 2023
Directors
Marc Powell
Allys Parsons
Company Number
11937385 (England and Wales)
Registered Office
4th Floor
Silverstream House
London
W1T 6EB
Accountants
Space Advisory and Accountancy Limited
19 Malago Drive
Bristol
BS3 5DR
TECHIRE SOLUTIONS LTD
Statement of financial position
as at 31 March 2023
Tangible assets
4,746
31,489
Cash at bank and in hand
235,191
208,772
Creditors: amounts falling due within one year
(63,372)
(92,466)
Net current assets
176,704
422,340
Total assets less current liabilities
181,450
453,829
Creditors: amounts falling due after more than one year
(13,461)
(19,923)
Net assets
167,989
433,906
Called up share capital
100
100
Profit and loss account
167,889
433,806
Shareholders' funds
167,989
433,906
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. 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by
Marc Powell
Director
Company Registration No. 11937385
TECHIRE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 March 2023
TECHIRE SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11937385. The registered office is 4th Floor, Silverstream House, London, W1T 6EB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
1,548
31,490
8,465
41,503
Disposals
-
(31,490)
-
(31,490)
At 31 March 2023
1,548
-
9,735
11,283
At 1 April 2022
604
6,298
3,112
10,014
Charge for the year
387
(6,298)
2,434
(3,477)
At 31 March 2023
991
-
5,546
6,537
At 31 March 2023
557
-
4,189
4,746
At 31 March 2022
944
25,192
5,353
31,489
TECHIRE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
4,885
86,447
Accrued income and prepayments
-
5,828
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,971
5,333
Taxes and social security
22,461
84,049
Loans from directors
32,258
-
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).