Company Registration No. 13962468 (England and Wales)
TIKSCRIPT LIMITED
Unaudited accounts
for the year ended 31 March 2024
TIKSCRIPT LIMITED
Unaudited accounts
Contents
TIKSCRIPT LIMITED
Company Information
for the year ended 31 March 2024
Company Number
13962468 (England and Wales)
Registered Office
30 Bewley Road
Angmering
Littlehampton
BN16 4JL
Accountants
Angela MacCarthy Limited T A On The Spot
7 Chalfont Drive
Hove
East Sussex
BN3 6QR
TIKSCRIPT LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
43,402
632
Cash at bank and in hand
18,207
9,117
Creditors: amounts falling due within one year
(31,537)
(17,729)
Net current assets
2,201
9,700
Called up share capital
100
100
Profit and loss account
45,503
10,232
Shareholders' funds
45,603
10,332
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 August 2024 and were signed on its behalf by
William Bower
Director
Company Registration No. 13962468
TIKSCRIPT LIMITED
Notes to the Accounts
for the year ended 31 March 2024
TIKSCRIPT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13962468. The registered office is 30 Bewley Road, Angmering, Littlehampton, BN16 4JL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
Revenue, described as turnover, is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer equipment
33.3% per annum straight line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 March 2024
44,490
711
45,201
Charge for the year
1,483
237
1,720
At 31 March 2024
1,483
316
1,799
At 31 March 2024
43,007
395
43,402
At 31 March 2023
-
632
632
Amounts falling due within one year
Trade debtors
10,149
18,000
Accrued income and prepayments
382
312
TIKSCRIPT LIMITED
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
17,000
-
Taxes and social security
2,864
2,202
Loans from directors
5,746
10,545
7
Transactions with related parties
The transactions with the director and shareholder have not been conducted under normal market conditions: £5,746 is owed to the director at the year end and no interest is being charged by the director.
Included in Other debtors is an amount of £5,000 due from Ewww Ltd.
No interest is being charged by the company.
William Bower is a director & person with significant control of both companies.
Included in Loans and overdrafts is an amount of £17,000 due to Royalty Three Limited.
No interest is being charged to the company.
William Bower is a director & person with significant control of both companies.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).