TECHSIMULATER LTD

Company Registration Number:
10554806 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2022

Period of accounts

Start date: 1 February 2021

End date: 31 January 2022

TECHSIMULATER LTD

Contents of the Financial Statements

for the Period Ended 31 January 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TECHSIMULATER LTD

Directors' report period ended 31 January 2022

The directors present their report with the financial statements of the company for the period ended 31 January 2022

Principal activities of the company

TechSimulater provides mobile application, software development and website development solutions to it's clientele including businesses, wholesalers and consumers. The firm is recognised for it's flagship projects and work in the UK technological industry.

Political and charitable donations

The director, Khurram Asif made a charitable donation to Ukraine as part of the ongoing conflict.

Additional information

The director was residing abroad and in the absence of the director and unawareness, the accounts were not submitted.



Directors

The director shown below has held office during the whole of the period from
1 February 2021 to 31 January 2022

Khurram Asif


Secretary Ye YU

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
3 August 2024

And signed on behalf of the board by:
Name: Ye YU
Status: Secretary

TECHSIMULATER LTD

Profit And Loss Account

for the Period Ended 31 January 2022

2022 2021


£

£
Turnover: 7,912,322 2,217,378
Cost of sales: ( 5,910,269 ) ( 1,897,378 )
Gross profit(or loss): 2,002,053 320,000
Distribution costs: ( 133,210 ) 0
Administrative expenses: ( 309,411 ) ( 99,423 )
Other operating income: 259,000 40
Operating profit(or loss): 1,818,432 220,617
Interest receivable and similar income: 25,000 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 1,843,432 220,617
Tax: 0 0
Profit(or loss) for the financial year: 1,843,432 220,617

TECHSIMULATER LTD

Balance sheet

As at 31 January 2022

Notes 2022 2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,391,600 878,859
Investments: 4 1,700,000 1,200,000
Total fixed assets: 3,091,600 2,078,859
Current assets
Stocks:   0 0
Debtors: 5 390,000 0
Cash at bank and in hand: 2,561,900 245,238
Investments: 6 220,000 0
Total current assets: 3,171,900 245,238
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 391,000 ) ( 85,000 )
Net current assets (liabilities): 2,780,900 160,238
Total assets less current liabilities: 5,872,500 2,239,097
Creditors: amounts falling due after more than one year: 8 ( 729,300 ) 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 295,000 )
Total net assets (liabilities): 4,848,200 2,239,097
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 4,848,100 2,238,997
Total Shareholders' funds: 4,848,200 2,239,097

The notes form part of these financial statements

TECHSIMULATER LTD

Balance sheet statements

For the year ending 31 January 2022 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.

This report was approved by the board of directors on 3 August 2024
and signed on behalf of the board by:

Name: Khurram Asif
Status: Director

The notes form part of these financial statements

TECHSIMULATER LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    PPE is depreciated over its useful life.

TECHSIMULATER LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 34 11

TECHSIMULATER LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2021 121,900 283,912 14,411 330,277 160,000 910,500
Additions 1,056,153 1,056,153
Disposals ( 90,000 ) ( 4,600 ) ( 167,300 ) ( 261,900 )
Revaluations
Transfers
At 31 January 2022 121,900 1,250,065 9,811 162,977 160,000 1,704,753
Depreciation
At 1 February 2021 0 3,000 2,300 5,000 21,341 31,641
Charge for year 119,300 74,000 7,312 66,290 14,610 281,512
On disposals 0 0 0
Other adjustments 0 0
At 31 January 2022 119,300 77,000 9,612 71,290 35,951 313,153
Net book value
At 31 January 2022 2,600 1,173,065 199 91,687 124,049 1,391,600
At 31 January 2021 121,900 280,912 12,111 325,277 138,659 878,859

TECHSIMULATER LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

4. Fixed assets investments note

Investments with life of more than 1 year after fixed investments.

TECHSIMULATER LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

5. Debtors

2022 2021
£ £
Other debtors 390,000 0
Total 390,000 0
Debtors due after more than one year: 390,000 0

TECHSIMULATER LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

6. Current assets investments note

TechSimulater has taken funding from VC and other investment capital for expansion and will last for 5 years.

TECHSIMULATER LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

7. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Accruals and deferred income 0
Other creditors 391,000 85,000
Total 391,000 85,000

TECHSIMULATER LTD

Notes to the Financial Statements

for the Period Ended 31 January 2022

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

2022 2021
£ £
Bank loans and overdrafts 82,300
Amounts due under finance leases and hire purchase contracts 256,000
Other creditors 391,000 0
Total 729,300 0