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Company Registration No. 12455944 (England and Wales)
TRANSOLVED LTD Unaudited accounts for the year ended 28 February 2023
TRANSOLVED LTD Unaudited accounts Contents
Page
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TRANSOLVED LTD Company Information for the year ended 28 February 2023
Director
Alexander GLADILIN
Company Number
12455944 (England and Wales)
Registered Office
8 Devonshire Square LONDON EC2M 4PL ENGLAND
Accountants
Britannia Business Consulting 52 Leytonstone Road London E15 1SQ
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TRANSOLVED LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
466 
1,266 
Current assets
Debtors
11,400 
2,200 
Cash at bank and in hand
19,014 
157,681 
30,414 
159,881 
Creditors: amounts falling due within one year
(27,177)
(8,106)
Net current assets
3,237 
151,775 
Total assets less current liabilities
3,703 
153,041 
Creditors: amounts falling due after more than one year
(200,000)
(200,000)
Net liabilities
(196,297)
(46,959)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(196,298)
(46,960)
Shareholders' funds
(196,297)
(46,959)
For the year ending 28 February 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 director acknowledges his 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 and authorised for issue on 15 November 2023 and were signed on its behalf by
Alexander GLADILIN Director Company Registration No. 12455944
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TRANSOLVED LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
TRANSOLVED LTD is a private company, limited by shares, registered in England and Wales, registration number 12455944. The registered office is 8 Devonshire Square, LONDON, EC2M 4PL, ENGLAND.
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.
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:
Computer equipment
33,3%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
2,399 
At 28 February 2023
2,399 
Depreciation
At 1 March 2022
1,133 
Charge for the year
800 
At 28 February 2023
1,933 
Net book value
At 28 February 2023
466 
At 28 February 2022
1,266 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,400 
2,200 
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TRANSOLVED LTD Notes to the Accounts for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
(362)
214 
Other creditors
1,504 
6,857 
Loans from directors
26,035 
1,035 
27,177 
8,106 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
200,000 
200,000 
8
Average number of employees
During the year the average number of employees was 10 (2022: 13).
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