2022-09-01 2023-08-31 false No description of principal activity Capium Accounts Production 1.1 08638091 bus:AbridgedAccounts 2022-09-01 2023-08-31 08638091 bus:FRS102 2022-09-01 2023-08-31 08638091 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 08638091 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 08638091 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 08638091 2022-09-01 2023-08-31 08638091 2023-08-31 08638091 bus:RegisteredOffice 2022-09-01 2023-08-31 08638091 core:WithinOneYear 2023-08-31 08638091 core:AfterOneYear 2023-08-31 08638091 bus:Director1 2022-09-01 2023-08-31 08638091 bus:Director1 2023-08-31 08638091 bus:Director1 2021-09-01 2022-08-31 08638091 bus:Director2 2022-09-01 2023-08-31 08638091 bus:Director2 2023-08-31 08638091 bus:Director2 2021-09-01 2022-08-31 08638091 2021-09-01 08638091 bus:CompanySecretary1 2022-09-01 2023-08-31 08638091 bus:LeadAgentIfApplicable 2022-09-01 2023-08-31 08638091 2021-09-01 2022-08-31 08638091 2022-08-31 08638091 core:WithinOneYear 2022-08-31 08638091 core:AfterOneYear 2022-08-31 08638091 bus:EntityAccountantsOrAuditors 2021-09-01 2022-08-31 08638091 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 08638091 bus:OrdinaryShareClass1 2023-08-31 08638091 bus:OrdinaryShareClass1 2021-09-01 2022-08-31 08638091 bus:OrdinaryShareClass1 2022-08-31 08638091 bus:OrdinaryShareClass2 2022-09-01 2023-08-31 08638091 bus:OrdinaryShareClass2 2023-08-31 08638091 bus:OrdinaryShareClass2 2021-09-01 2022-08-31 08638091 bus:OrdinaryShareClass2 2022-08-31 08638091 core:MotorCars 2022-09-01 2023-08-31 08638091 core:MotorCars 2023-08-31 08638091 core:MotorCars 2022-08-31 08638091 core:FurnitureFittings 2022-09-01 2023-08-31 08638091 core:FurnitureFittings 2023-08-31 08638091 core:FurnitureFittings 2022-08-31 08638091 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 08638091 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-08-31 08638091 core:OtherResidualIntangibleAssets 2022-09-01 2023-08-31 08638091 core:OtherResidualIntangibleAssets 2023-08-31 08638091 core:OtherResidualIntangibleAssets 2022-08-31 08638091 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 08638091 core:CostValuation core:Non-currentFinancialInstruments 2022-08-31 08638091 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-08-31 08638091 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 08638091 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 08638091 core:Non-currentFinancialInstruments 2023-08-31 08638091 core:Non-currentFinancialInstruments 2022-08-31 08638091 core:ShareCapital 2023-08-31 08638091 core:ShareCapital 2022-08-31 08638091 core:RetainedEarningsAccumulatedLosses 2023-08-31 08638091 core:RetainedEarningsAccumulatedLosses 2022-08-31 08638091 dpl:Item1 2022-09-01 08638091 dpl:Item1 2023-08-31 08638091 dpl:Item1 2021-09-01 08638091 dpl:Item1 2022-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 08638091
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 August 2023

for

TESSELL8 LIMITED

 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Intangible fixed assets 3 123,729    154,882 
Tangible fixed assets 4 114,909    17,604 
238,638    172,486 
Current assets      
Stocks 20,713    43,426 
Debtors 136,234    182,261 
Cash at bank and in hand 190,382    324,999 
347,329    550,686 
Creditors: amount falling due within one year (176,661)   (277,264)
Net current assets 170,668    273,422 
 
Total assets less current liabilities 409,306    445,908 
Creditors: amount falling due after more than one year (120,830)   (170,832)
Provisions for liabilities (7,921)   (1,777)
Net assets 280,555    273,299 
 

Capital and reserves
     
Called up share capital 5 83    83 
Profit and loss account 280,472    273,216 
Shareholder's funds 280,555    273,299 
 


For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 14 March 2024 and were signed on its behalf by:


-------------------------------
Joe McCobb
Director
1
General Information
Tessell8 Limited is a private company, limited by shares, registered in England and Wales, registration number 08638091, registration address Emunah House, Turnpike Road, Oxford, OX2 9JQ.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Research and development expenditure
Research and development expenditure is charged to the income statement in the period in which it is incurred.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Computer software development costs
Development costs of computer software are capitalised once a detailed program design has been established and are amortised on a straight line basis over 5 years.
Trade Mark
Trade Mark is stated at cost less amortization. Amortization is calculated on a straight line basis over the estimated expected useful economic life of the Trade Mark of years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Motor Vehicles 25% Straight Line
Fixtures and Fittings 33% Straight Line
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 6 (2022 : 4).
3.

Intangible fixed assets

Cost Software development costs   Trade Mark   Total
  £   £   £
At 01 September 2022 154,661    2,947    157,608 
Additions    
Disposals    
At 31 August 2023 154,661    2,947    157,608 
Amortisation
At 01 September 2022   2,726    2,726 
Charge for year 30,932    221    31,153 
On disposals    
At 31 August 2023 30,932    2,947    33,879 
Net book values
At 31 August 2023 123,729      123,729 
At 31 August 2022 154,661    221    154,882 


4.

Tangible fixed assets

Cost or valuation Motor Vehicles   Fixtures and Fittings   Total
  £   £   £
At 01 September 2022 16,500    41,623    58,123 
Additions 146,881      146,881 
Disposals (16,500)     (16,500)
At 31 August 2023 146,881    41,623    188,504 
Depreciation
At 01 September 2022 8,250    32,269    40,519 
Charge for year 36,720    4,606    41,326 
On disposals (8,250)     (8,250)
At 31 August 2023 36,720    36,875    73,595 
Net book values
Closing balance as at 31 August 2023 110,161    4,748    114,909 
Opening balance as at 01 September 2022 8,250    9,354    17,604 


5.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
2 Class A shares of £1.00 each  
8,103 Class 2 1p Shares shares of £0.01 each 81    81 
83    83 

2