2022-11-012023-10-312023-10-31false11624191TECHTONE LTD2024-07-0526400iso4217:GBPxbrli:pure116241912022-11-01116241912023-10-31116241912022-11-012023-10-31116241912021-11-01116241912022-10-31116241912021-11-012022-10-3111624191bus:SmallEntities2022-11-012023-10-3111624191bus:AuditExempt-NoAccountantsReport2022-11-012023-10-3111624191bus:AbridgedAccounts2022-11-012023-10-3111624191bus:PrivateLimitedCompanyLtd2022-11-012023-10-3111624191core:WithinOneYear2023-10-3111624191core:AfterOneYear2023-10-3111624191core:WithinOneYear2022-10-3111624191core:AfterOneYear2022-10-3111624191core:ShareCapital2023-10-3111624191core:SharePremium2023-10-3111624191core:RevaluationReserve2023-10-3111624191core:OtherReservesSubtotal2023-10-3111624191core:RetainedEarningsAccumulatedLosses2023-10-3111624191core:ShareCapital2022-10-3111624191core:SharePremium2022-10-3111624191core:RevaluationReserve2022-10-3111624191core:OtherReservesSubtotal2022-10-3111624191core:RetainedEarningsAccumulatedLosses2022-10-3111624191core:LandBuildings2023-10-3111624191core:PlantMachinery2023-10-3111624191core:Vehicles2023-10-3111624191core:FurnitureFittings2023-10-3111624191core:OfficeEquipment2023-10-3111624191core:NetGoodwill2023-10-3111624191core:IntangibleAssetsOtherThanGoodwill2023-10-3111624191core:ListedExchangeTraded2023-10-3111624191core:UnlistedNon-exchangeTraded2023-10-3111624191core:LandBuildings2022-10-3111624191core:PlantMachinery2022-10-3111624191core:Vehicles2022-10-3111624191core:FurnitureFittings2022-10-3111624191core:OfficeEquipment2022-10-3111624191core:NetGoodwill2022-10-3111624191core:IntangibleAssetsOtherThanGoodwill2022-10-3111624191core:ListedExchangeTraded2022-10-3111624191core:UnlistedNon-exchangeTraded2022-10-3111624191core:LandBuildings2022-11-012023-10-3111624191core:PlantMachinery2022-11-012023-10-3111624191core:Vehicles2022-11-012023-10-3111624191core:FurnitureFittings2022-11-012023-10-3111624191core:OfficeEquipment2022-11-012023-10-3111624191core:NetGoodwill2022-11-012023-10-3111624191core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3111624191core:ListedExchangeTraded2022-11-012023-10-3111624191core:UnlistedNon-exchangeTraded2022-11-012023-10-3111624191core:MoreThanFiveYears2022-11-012023-10-3111624191core:Non-currentFinancialInstruments2023-10-3111624191core:Non-currentFinancialInstruments2022-10-3111624191dpl:CostSales2022-11-012023-10-3111624191dpl:DistributionCosts2022-11-012023-10-3111624191core:LandBuildings2022-11-012023-10-3111624191core:PlantMachinery2022-11-012023-10-3111624191core:Vehicles2022-11-012023-10-3111624191core:FurnitureFittings2022-11-012023-10-3111624191core:OfficeEquipment2022-11-012023-10-3111624191dpl:AdministrativeExpenses2022-11-012023-10-3111624191core:NetGoodwill2022-11-012023-10-3111624191core:IntangibleAssetsOtherThanGoodwill2022-11-012023-10-3111624191dpl:GroupUndertakings2022-11-012023-10-3111624191dpl:ParticipatingInterests2022-11-012023-10-3111624191dpl:GroupUndertakingscore:ListedExchangeTraded2022-11-012023-10-3111624191core:ListedExchangeTraded2022-11-012023-10-3111624191dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-11-012023-10-3111624191core:UnlistedNon-exchangeTraded2022-11-012023-10-3111624191dpl:CostSales2021-11-012022-10-3111624191dpl:DistributionCosts2021-11-012022-10-3111624191core:LandBuildings2021-11-012022-10-3111624191core:PlantMachinery2021-11-012022-10-3111624191core:Vehicles2021-11-012022-10-3111624191core:FurnitureFittings2021-11-012022-10-3111624191core:OfficeEquipment2021-11-012022-10-3111624191dpl:AdministrativeExpenses2021-11-012022-10-3111624191core:NetGoodwill2021-11-012022-10-3111624191core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-3111624191dpl:GroupUndertakings2021-11-012022-10-3111624191dpl:ParticipatingInterests2021-11-012022-10-3111624191dpl:GroupUndertakingscore:ListedExchangeTraded2021-11-012022-10-3111624191core:ListedExchangeTraded2021-11-012022-10-3111624191dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-11-012022-10-3111624191core:UnlistedNon-exchangeTraded2021-11-012022-10-3111624191core:NetGoodwill2023-10-3111624191core:IntangibleAssetsOtherThanGoodwill2023-10-3111624191core:LandBuildings2023-10-3111624191core:PlantMachinery2023-10-3111624191core:Vehicles2023-10-3111624191core:FurnitureFittings2023-10-3111624191core:OfficeEquipment2023-10-3111624191core:AfterOneYear2023-10-3111624191core:WithinOneYear2023-10-3111624191core:ListedExchangeTraded2023-10-3111624191core:UnlistedNon-exchangeTraded2023-10-3111624191core:ShareCapital2023-10-3111624191core:SharePremium2023-10-3111624191core:RevaluationReserve2023-10-3111624191core:OtherReservesSubtotal2023-10-3111624191core:RetainedEarningsAccumulatedLosses2023-10-3111624191core:NetGoodwill2022-10-3111624191core:IntangibleAssetsOtherThanGoodwill2022-10-3111624191core:LandBuildings2022-10-3111624191core:PlantMachinery2022-10-3111624191core:Vehicles2022-10-3111624191core:FurnitureFittings2022-10-3111624191core:OfficeEquipment2022-10-3111624191core:AfterOneYear2022-10-3111624191core:WithinOneYear2022-10-3111624191core:Liste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TECHTONE LTD

Registered Number
11624191
(England and Wales)

Unaudited Financial Statements for the Year ended
31 October 2023

TECHTONE LTD
Company Information
for the year from 1 November 2022 to 31 October 2023

Director

DUNFORD, Antony John

Company Secretary

DUNFORD, Antony

Registered Address

12a Marlborough Place
Brighton
BN1 1WN

Registered Number

11624191 (England and Wales)
TECHTONE LTD
Balance Sheet as at
31 October 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets314,00016,000
Tangible assets4389666
14,38916,666
Current assets
Debtors5600600
Cash at bank and on hand-905
6001,505
Creditors amounts falling due within one year6(1,495)(16,703)
Net current assets (liabilities)(895)(15,198)
Total assets less current liabilities13,4941,468
Creditors amounts falling due after one year(9,490)(881)
Accruals and deferred income(540)(420)
Net assets3,464167
Capital and reserves
Called up share capital100100
Profit and loss account3,36467
Shareholders' funds3,464167
The financial statements were approved and authorised for issue by the Director on 5 July 2024, and are signed on its behalf by:
DUNFORD, Antony John
Director
Registered Company No. 11624191
TECHTONE LTD
Notes to the Financial Statements
for the year ended 31 October 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)Straight line (years)
Plant and machinery25-
Office Equipment-3
2.Average number of employees

20232022
Average number of employees during the year11
3.Intangible assets

Total

£
Cost or valuation
At 01 November 2220,000
At 31 October 2320,000
Amortisation and impairment
At 01 November 224,000
Charge for year2,000
At 31 October 236,000
Net book value
At 31 October 2314,000
At 31 October 2216,000
4.Tangible fixed assets

Total

£
Cost or valuation
At 01 November 221,397
At 31 October 231,397
Depreciation and impairment
At 01 November 22732
Charge for year276
At 31 October 231,008
Net book value
At 31 October 23389
At 31 October 22666
5.Debtors: amounts due within one year

2023

2022

££
Other debtors600600
Total600600
6.Creditors: amounts due within one year

2023

2022

££
Bank borrowings and overdrafts37-
Taxation and social security954317
Other creditors50416,386
Total1,49516,703