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REGISTERED NUMBER: 07686347 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2023

FOR

THROUGH THE LOOKING GLASS LTD

THROUGH THE LOOKING GLASS LTD (REGISTERED NUMBER: 07686347)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THROUGH THE LOOKING GLASS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: P Clark
Mrs J Clark





REGISTERED OFFICE: The Old Hall
Church End
Fleet
Spalding
Lincolnshire
PE12 8NQ





REGISTERED NUMBER: 07686347 (England and Wales)





ACCOUNTANTS: Wheelers
Chartered Accountants & Tax Consultants
27-29 Old Market
Wisbech
Cambridgeshire
PE13 1NE

THROUGH THE LOOKING GLASS LTD (REGISTERED NUMBER: 07686347)

BALANCE SHEET
30 JUNE 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 24,062 25,451
Tangible assets 5 36,812 1,985
60,874 27,436

CURRENT ASSETS
Debtors 6 5,441 1,323
Cash at bank 150,284 136,261
155,725 137,584
CREDITORS
Amounts falling due within one year 7 77,032 91,433
NET CURRENT ASSETS 78,693 46,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

139,567

73,587

PROVISIONS FOR LIABILITIES 11,200 5,000
NET ASSETS 128,367 68,587

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 128,267 68,487
SHAREHOLDERS' FUNDS 128,367 68,587

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

THROUGH THE LOOKING GLASS LTD (REGISTERED NUMBER: 07686347)

BALANCE SHEET - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2024 and were signed on its behalf by:





P Clark - Director


THROUGH THE LOOKING GLASS LTD (REGISTERED NUMBER: 07686347)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Through The Looking Glass Ltd 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.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Turnover
Turnover represents net invoiced sales of services.

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.

Computer software costs are being amortised at a rate of 20% straight line or 10% straight line.

Other intangible asset costs are being amortised at a rate of 10% straight line.

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

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.

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.

THROUGH THE LOOKING GLASS LTD (REGISTERED NUMBER: 07686347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

2. ACCOUNTING POLICIES - continued

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible Computer
assets software Totals
£    £    £   
COST
At 1 July 2022 - 47,449 47,449
Additions 785 2,092 2,877
At 30 June 2023 785 49,541 50,326
AMORTISATION
At 1 July 2022 - 21,998 21,998
Amortisation for year 39 4,227 4,266
At 30 June 2023 39 26,225 26,264
NET BOOK VALUE
At 30 June 2023 746 23,316 24,062
At 30 June 2022 - 25,451 25,451

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 - 10,580 10,580
Additions 35,495 2,515 38,010
At 30 June 2023 35,495 13,095 48,590
DEPRECIATION
At 1 July 2022 - 8,595 8,595
Charge for year 2,243 940 3,183
At 30 June 2023 2,243 9,535 11,778
NET BOOK VALUE
At 30 June 2023 33,252 3,560 36,812
At 30 June 2022 - 1,985 1,985

THROUGH THE LOOKING GLASS LTD (REGISTERED NUMBER: 07686347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors 5,254 15
Other debtors 187 1,308
5,441 1,323

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Taxation and social security 8,800 2,748
Other creditors 68,232 88,685
77,032 91,433