Company Registration No. 08829476 (England and Wales)
Tcltech Limited
Unaudited accounts
for the year ended 31 December 2023
Tcltech Limited
Unaudited accounts
Contents
Tcltech Limited
Company Information
for the year ended 31 December 2023
Company Number
08829476 (England and Wales)
Registered Office
Unit 4 The Old Mill
Reading Road
Pangbourne Reading
Berkshire
RG8 7HY
United Kingdom
Accountants
Blue Cube Accountants Limited
Britwell Grange
Britwell Road
Burnham
SL1 8DF
Tcltech Limited
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
44,886
19,572
Creditors: amounts falling due within one year
(6,820)
(16,088)
Net current assets
72,087
68,561
Called up share capital
1,000
1,000
Profit and loss account
71,087
67,562
Shareholders' funds
72,087
68,562
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 April 2024 and were signed on its behalf by
Andrew Shipman
Director
Company Registration No. 08829476
Tcltech Limited
Notes to the Accounts
for the year ended 31 December 2023
Tcltech Limited is a private company, limited by shares, registered in England and Wales, registration number 08829476. The registered office is Unit 4 The Old Mill, Reading Road, Pangbourne Reading, Berkshire, RG8 7HY, United Kingdom.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to 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 accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33% Straight Line
Motor vehicles
20.00% Straight Line
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charge to the profit & loss account in the period to which they relate.
Tcltech Limited
Notes to the Accounts
for the year ended 31 December 2023
3
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
1,350
9,835
11,185
At 31 December 2023
1,350
9,835
11,185
At 1 January 2023
1,350
9,834
11,184
At 31 December 2023
1,350
9,835
11,185
Amounts falling due within one year
Trade debtors
33,721
4,777
Accrued income and prepayments
-
60,000
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,186
2,805
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).