Registered number
12772500
Technology Support 24/7 Limited
Filleted Accounts
31 July 2023
Technology Support 24/7 Limited
Registered number: 12772500
Balance Sheet
as at 31 July 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 5,653 6,031
Current assets
Debtors 4 18,521 12,206
Cash at bank and in hand 13,849 22,123
32,370 34,329
Creditors: amounts falling due within one year 5 (14,091) (16,726)
Net current assets 18,279 17,603
Net assets 23,932 23,634
Capital and reserves
Called up share capital 100 100
Profit and loss account 23,832 23,534
Shareholders' funds 23,932 23,634
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
N Clarke
Director
Approved by the board on 6 December 2023
Technology Support 24/7 Limited
Notes to the Accounts
for the year ended 31 July 2023
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 3 4
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2022 7,439
Additions 527
At 31 July 2023 7,966
Depreciation
At 1 August 2022 1,408
Charge for the year 905
At 31 July 2023 2,313
Net book value
At 31 July 2023 5,653
At 31 July 2022 6,031
4 Debtors 2023 2022
£ £
Trade debtors 16,848 12,206
Prepayments 1,673 -
18,521 12,206
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 1,912 2,892
Taxation and social security costs 11,006 13,674
Director's Account (1,710) (1,447)
Accruals 800 209
Other creditors 2,083 1,398
14,091 16,726
6 Other information
Technology Support 24/7 Limited is a private company limited by shares and incorporated in England. Its registered office is:
Suite 5, Unit 1 Craggs County Business Park
New Road, Cragg Vale
Hebden Bridge
England
HX7 5TT
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