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TEN THOUSAND HOURS LIMITED

Registered Number
10693875
(England and Wales)

Unaudited Financial Statements for the Year ended
30 June 2024

TEN THOUSAND HOURS LIMITED
Company Information
for the year from 1 July 2023 to 30 June 2024

Directors

GARNER, Dominique Macleod Bollinger
RICHARDSON, Martin Roland

Registered Address

10 Admiral Square Nelson Road
Southsea
PO5 2DQ

Registered Number

10693875 (England and Wales)
TEN THOUSAND HOURS LIMITED
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets7,06811,800
7,06811,800
Current assets
Debtors-173,145
Cash at bank and on hand1,029,9481,382,805
1,029,9481,555,950
Creditors amounts falling due within one year(234,961)(761,283)
Net current assets (liabilities)794,987794,667
Total assets less current liabilities802,055806,467
Net assets802,055806,467
Capital and reserves
Called up share capital200200
Profit and loss account801,855806,267
Shareholders' funds802,055806,467
The financial statements were approved and authorised for issue by the Board of Directors on 13 August 2024, and are signed on its behalf by:
GARNER, Dominique Macleod Bollinger
Director
RICHARDSON, Martin Roland
Director

Registered Company No. 10693875
TEN THOUSAND HOURS LIMITED
Notes to the Financial Statements
for the year ended 30 June 2024

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 compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
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.
2.Average number of employees

20242023
Average number of employees during the year73