1 November 2022 v2024.35.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP116250312022-11-012023-10-31116250312023-10-31116250312022-10-3111625031core:WithinOneYear2023-10-3111625031core:WithinOneYear2022-10-3111625031core:AfterOneYear2022-10-3111625031core:ShareCapital2023-10-3111625031core:ShareCapital2022-10-3111625031core:RetainedEarningsAccumulatedLosses2023-10-3111625031bus:Director12022-11-012023-10-3111625031bus:Director22022-11-012023-10-3111625031bus:RegisteredOffice2022-11-012023-10-3111625031core:OfficeEquipment2022-11-012023-10-3111625031core:MotorVehicles2022-11-012023-10-31116250312021-11-012022-10-3111625031core:PlantMachinery2022-11-0111625031core:PlantMachinery2022-11-012023-10-3111625031core:PlantMachinery2023-10-3111625031core:PlantMachinery2022-10-311162503112022-11-012023-10-3111625031countries:EnglandWales2022-11-012023-10-3111625031bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3111625031bus:PrivateLimitedCompanyLtd2022-11-012023-10-3111625031bus:SmallEntities2022-11-012023-10-3111625031bus:FullAccounts2022-11-012023-10-31
Company registration number:
11625031
Technacom Ltd
Unaudited Filleted Financial Statements for the period ended
31 October 2023
Technacom Ltd
Statement of Financial Position
31 October 2023
31 Oct 202331 Oct 2022
Note££
Fixed assets    
Tangible assets 5
11,961
 
13,800
 
Current assets    
Debtors 6
17,027
 
4,139
 
Cash at bank and in hand
9,464
 
2,114
 
26,491
 
6,253
 
Creditors: amounts falling due within one year 7
(26,085
)
(7,286
)
Net current assets/(liabilities)
406
 
(1,033
)
Total assets less current liabilities 12,367   12,767  
Creditors: amounts falling due after more than one year 8 -  
(12,747
)
Net assets
12,367
 
20
 
Capital and reserves    
Called up share capital
20
 
20
 
Profit and loss account
12,347
  -  
Shareholders funds
12,367
 
20
 
For the period ending
31 October 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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.
These
financial statements
were approved by the board of directors and authorised for issue on
29 July 2024
, and are signed on behalf of the board by:
Mr Angus Macleod
Mrs Julie Ann Macleod
DirectorDirector
Company registration number:
11625031
Technacom Ltd
Notes to the Financial Statements
Period ended
31 October 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Bramhall House
,
14 Ack Lane East
,
Bramhall
,
SK7 2BY
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
25% straight line
Motor vehicles
20% Reducing Balance

4 Average number of employees

The average number of persons employed by the company during the period was
2
(2022:
2.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 November 2022
21,932
 
Additions
4,163
 
At
31 October 2023
26,095
 
Depreciation  
At
1 November 2022
8,132
 
Charge
6,002
 
At
31 October 2023
14,134
 
Carrying amount  
At
31 October 2023
11,961
 
At 31 October 2022
13,800
 

6 Debtors

31 Oct 202331 Oct 2022
££
Trade debtors
17,027
 
4,139
 

7 Creditors: amounts falling due within one year

31 Oct 202331 Oct 2022
££
Trade creditors -  
2,215
 
Taxation and social security
26,085
 
5,071
 
26,085
 
7,286
 

8 Creditors: amounts falling due after more than one year

31 Oct 202331 Oct 2022
££
Other creditors -  
12,747