TECHNOLOGY NOW LIMITED

Company Registration Number:
14418835 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 14 October 2022

End date: 31 October 2023

TECHNOLOGY NOW LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Additional notes
Balance sheet notes

TECHNOLOGY NOW LIMITED

Balance sheet

As at 31 October 2023

Notes 13 months to 31 October 2023


£
Called up share capital not paid: 1
Fixed assets
Intangible assets: 3 294,927
Tangible assets: 4 201,837
Investments: 5 104,848
Total fixed assets: 601,612
Current assets
Stocks: 6 108,947
Debtors: 7 208,498
Cash at bank and in hand: 154,309
Investments: 8 98,178
Total current assets: 569,932
Creditors: amounts falling due within one year: 9 ( 35,027 )
Net current assets (liabilities): 534,905
Total assets less current liabilities: 1,136,518
Creditors: amounts falling due after more than one year: 10 ( 12,028 )
Provision for liabilities: 0
Accruals and deferred income: ( 1 )
Total net assets (liabilities): 1,124,489
Capital and reserves
Called up share capital: 1
Share premium account: 1,096,399
Other reserves: 0
Profit and loss account: 28,089
Total Shareholders' funds: 1,124,489

The notes form part of these financial statements

TECHNOLOGY NOW LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 July 2024
and signed on behalf of the board by:

Name: Youssef Hemeidy
Status: Director

The notes form part of these financial statements

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    13 months to 31 October 2023
    Average number of employees during the period 13

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 294,927 294,927
Disposals
Revaluations
Transfers
At 31 October 2023 294,927 294,927
Amortisation
Charge for year
On disposals
Other adjustments
At 31 October 2023
Net book value
At 31 October 2023 294,927 294,927

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 201,837 201,837
Disposals
Revaluations
Transfers
At 31 October 2023 201,837 201,837
Depreciation
Charge for year
On disposals
Other adjustments
At 31 October 2023
Net book value
At 31 October 2023 201,837 201,837

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Fixed assets investments note

CFS SECRETARIESLIMITED100% Ownership

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Stocks

13 months to 31 October 2023
£
Stocks 108,947
Total 108,947

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7. Debtors

13 months to 31 October 2023
£
Trade debtors 208,498
Total 208,498

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

8. Current assets investments note

FIXED ASSETSIntangible assets£294,927Tangible assets £201,837 Investments £104,848 Total fixed assets£601,612CURRENT ASSETSStocks£108,947Debtors£208,498Cash at bank in hand£154,309Investments£98,178Total current assets £569,932

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

9. Creditors: amounts falling due within one year note

13 months to 31 October 2023
£
Other creditors 35,027
Total 35,027

TECHNOLOGY NOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

10. Creditors: amounts falling due after more than one year note

13 months to 31 October 2023
£
Other creditors 12,028
Total 12,028