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Company Registration No. 8009597 (England and Wales)
Tortoise IT Limited Unaudited accounts for the year ended 31 March 2023
Tortoise IT Limited Unaudited accounts Contents
Page
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Tortoise IT Limited Company Information for the year ended 31 March 2023
Director
Sean Barton
Company Number
8009597 (England and Wales)
Registered Office
14 Ullswater Avenue Crewe Cheshire CW2 8QQ England
Accountants
The Small Business Service Hannah Barton Waters' Edge Ashton Keynes Wiltshire SN6 6PA
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Tortoise IT Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,521 
3,362 
Current assets
Debtors
- 
3,283 
Cash at bank and in hand
33,407 
38,801 
33,407 
42,084 
Creditors: amounts falling due within one year
(11,864)
(16,641)
Net current assets
21,543 
25,443 
Total assets less current liabilities
24,064 
28,805 
Provisions for liabilities
Deferred tax
- 
(568)
Net assets
24,064 
28,237 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
23,964 
28,137 
Shareholders' funds
24,064 
28,237 
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 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 9 November 2023 and were signed on its behalf by
Sean Barton Director Company Registration No. 8009597
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Tortoise IT Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Tortoise IT Limited is a private company, limited by shares, registered in England and Wales, registration number 8009597. The registered office is 14 Ullswater Avenue, Crewe, Cheshire, CW2 8QQ, 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
These financial statements for the year ended 31 March 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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Tortoise IT Limited Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
500 
5,069 
5,569 
At 31 March 2023
500 
5,069 
5,569 
Depreciation
At 1 April 2022
125 
2,082 
2,207 
Charge for the year
94 
747 
841 
At 31 March 2023
219 
2,829 
3,048 
Net book value
At 31 March 2023
281 
2,240 
2,521 
At 31 March 2022
375 
2,987 
3,362 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
3,283 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
2,938 
709 
Taxes and social security
8,924 
13,734 
Other creditors
2 
857 
Accruals
- 
1,341 
11,864 
16,641 
7
Average number of employees
During the year the average number of employees was 1 (2022: 2).
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