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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
Page
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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
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TECHIRE SOLUTIONS LTD Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,746 
31,489 
Current assets
Debtors
4,885 
306,034 
Cash at bank and in hand
235,191 
208,772 
240,076 
514,806 
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 
Capital and reserves
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
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TECHIRE SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Additions
- 
- 
1,270 
1,270 
Disposals
- 
(31,490)
- 
(31,490)
At 31 March 2023
1,548 
- 
9,735 
11,283 
Depreciation
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 
Net book value
At 31 March 2023
557 
- 
4,189 
4,746 
At 31 March 2022
944 
25,192 
5,353 
31,489 
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TECHIRE SOLUTIONS LTD Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,885 
86,447 
Accrued income and prepayments
- 
5,828 
Other debtors
- 
213,759 
4,885 
306,034 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,971 
5,333 
VAT
1,727 
2,787 
Trade creditors
955 
292 
Taxes and social security
22,461 
84,049 
Other creditors
- 
5 
Loans from directors
32,258 
- 
63,372 
92,466 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
13,461 
19,923 
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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