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REGISTERED NUMBER: 06861229 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

TenTen Consultancy Limited

TenTen Consultancy Limited (Registered number: 06861229)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TenTen Consultancy Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: Mr D W Banes





SECRETARY: Finexys Limited





REGISTERED OFFICE: Avaland House
110 London Road
Hemel Hempstead
Hertfordshire
HP3 9SD





REGISTERED NUMBER: 06861229 (England and Wales)





ACCOUNTANTS: David Lindon & Co
Chartered Accountants
Avaland House
110 London Road
Hemel Hempstead
Hertfordshire
HP3 9SD

TenTen Consultancy Limited (Registered number: 06861229)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,836 1,097
Investment property 5 169,000 169,000
170,836 170,097

CURRENT ASSETS
Debtors 6 15,957 16,805
Cash at bank 142,319 121,077
158,276 137,882
CREDITORS
Amounts falling due within one year 7 38,077 37,006
NET CURRENT ASSETS 120,199 100,876
TOTAL ASSETS LESS CURRENT
LIABILITIES

291,035

270,973

CREDITORS
Amounts falling due after more than one
year

8

(81,215

)

(81,215

)

PROVISIONS FOR LIABILITIES (9,654 ) (9,402 )
NET ASSETS 200,166 180,356

CAPITAL AND RESERVES
Called up share capital 1 1
Non-distributable reserve 40,179 40,179
Retained earnings 159,986 140,176
SHAREHOLDERS' FUNDS 200,166 180,356

TenTen Consultancy Limited (Registered number: 06861229)

Balance Sheet - continued
28 February 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:





Mr D W Banes - Director


TenTen Consultancy Limited (Registered number: 06861229)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

TenTen Consultancy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


TenTen Consultancy Limited (Registered number: 06861229)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 March 2022 - 9,194 9,194
Additions 583 707 1,290
Disposals - (3,254 ) (3,254 )
At 28 February 2023 583 6,647 7,230
DEPRECIATION
At 1 March 2022 - 8,097 8,097
Charge for year 44 394 438
Eliminated on disposal - (3,141 ) (3,141 )
At 28 February 2023 44 5,350 5,394
NET BOOK VALUE
At 28 February 2023 539 1,297 1,836
At 28 February 2022 - 1,097 1,097

TenTen Consultancy Limited (Registered number: 06861229)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 169,000
NET BOOK VALUE
At 28 February 2023 169,000
At 28 February 2022 169,000

Fair value at 28 February 2023 is represented by:
£   
Valuation in 2021 30,374
Valuation in 2022 19,000
Cost 119,626
169,000

Investment property comprises a single residential property let to a tenant to generate rental income. The fair value of the investment property has been arrived at on the basis of a valuation by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 12,800 13,616
Other debtors 2,569 2,641
Prepayments and accrued income 588 548
15,957 16,805

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 20,638 19,962
VAT 7,964 7,641
Directors' current accounts 6,462 6,150
Accruals and deferred income 3,013 3,253
38,077 37,006

TenTen Consultancy Limited (Registered number: 06861229)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Bank loans due after 5 years 81,215 81,215

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans due after 5 years 81,215 81,215

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 81,215 81,215

The bank loan is secured by way of a first legal charge over the Company's leasehold property at Flat 11, Briony House, 1 Heroes Walk, Reading, RG2 8TY.