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REGISTERED NUMBER: 07502199 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

TRACEPOINT LIMITED

TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRACEPOINT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: J Cox





REGISTERED OFFICE: 123 Clarence Avenue
Clapham
London
SW4 8LX





REGISTERED NUMBER: 07502199 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,066 15,560
Tangible assets 5 6,723 8,964
9,789 24,524

CURRENT ASSETS
Debtors 6 21,086 13,832
Cash at bank 24,551 41,607
45,637 55,439
CREDITORS
Amounts falling due within one year 7 204 7,679
NET CURRENT ASSETS 45,433 47,760
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,222

72,284

CAPITAL AND RESERVES
Called up share capital 330 330
Share premium 99,955 99,955
Retained earnings (45,063 ) (28,001 )
55,222 72,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)

BALANCE SHEET - continued
31 MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 January 2024 and were signed by:





J Cox - Director


TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Tracepoint 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.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 124,943
AMORTISATION
At 1 April 2022 109,383
Charge for year 12,494
At 31 March 2023 121,877
NET BOOK VALUE
At 31 March 2023 3,066
At 31 March 2022 15,560

TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 53,197
DEPRECIATION
At 1 April 2022 44,233
Charge for year 2,241
At 31 March 2023 46,474
NET BOOK VALUE
At 31 March 2023 6,723
At 31 March 2022 8,964

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 21,086 13,832

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security (546 ) 6,679
Other creditors 750 1,000
204 7,679

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
J Cox
Balance outstanding at start of year 13,516 11,020
Amounts advanced 5,300 2,496
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 18,816 13,516