Company registration number 08653359 (England and Wales)
TEN10 MANAGEMENT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
PAGES FOR FILING WITH REGISTRAR
TEN10 MANAGEMENT LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
TEN10 MANAGEMENT LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2023
30 November 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,360
1,485
Current assets
Debtors
4
2,644
30,590
Cash at bank and in hand
98,657
110,253
101,301
140,843
Creditors: amounts falling due within one year
5
(36,363)
(57,506)
Net current assets
64,938
83,337
Net assets
66,298
84,822
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
66,297
84,821
Total equity
66,298
84,822

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 16 February 2024
Chris Herbert
Director
Company registration number 08653359 (England and Wales)
TEN10 MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 2 -
1
Accounting policies
Company information

Ten10 Management Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5a Bear Lane, Southwark, London, United Kingdom, SE1 0UH.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
20% Straight line basis
Computers
25% Straight line basis

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.5
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

TEN10 MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
1
Accounting policies
(Continued)
- 3 -
1.6
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
1
1
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2022 and 30 November 2023
5,831
Depreciation and impairment
At 1 December 2022
4,346
Depreciation charged in the year
125
At 30 November 2023
4,471
Carrying amount
At 30 November 2023
1,360
At 30 November 2022
1,485
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
2,644
30,590
TEN10 MANAGEMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 4 -
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
14,819
2,657
Corporation tax
6,942
19,798
Other taxation and social security
1,872
12,496
Other creditors
12,730
22,555
36,363
57,506
6
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1
1
1
1
2023-11-302022-12-01false16 February 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityChris Herbertfalse086533592022-12-012023-11-30086533592023-11-30086533592022-11-3008653359core:OtherPropertyPlantEquipment2023-11-3008653359core:OtherPropertyPlantEquipment2022-11-3008653359core:CurrentFinancialInstrumentscore:WithinOneYear2023-11-3008653359core:CurrentFinancialInstrumentscore:WithinOneYear2022-11-3008653359core:CurrentFinancialInstruments2023-11-3008653359core:CurrentFinancialInstruments2022-11-3008653359core:ShareCapital2023-11-3008653359core:ShareCapital2022-11-3008653359core:RetainedEarningsAccumulatedLosses2023-11-3008653359core:RetainedEarningsAccumulatedLosses2022-11-3008653359bus:Director12022-12-012023-11-3008653359core:PlantMachinery2022-12-012023-11-3008653359core:ComputerEquipment2022-12-012023-11-30086533592021-12-012022-11-3008653359core:OtherPropertyPlantEquipment2022-11-3008653359core:OtherPropertyPlantEquipment2022-12-012023-11-3008653359bus:PrivateLimitedCompanyLtd2022-12-012023-11-3008653359bus:SmallCompaniesRegimeForAccounts2022-12-012023-11-3008653359bus:FRS1022022-12-012023-11-3008653359bus:AuditExemptWithAccountantsReport2022-12-012023-11-3008653359bus:FullAccounts2022-12-012023-11-30xbrli:purexbrli:sharesiso4217:GBP