Process Tomography Foresight Technology Limited 03378720 true 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is The company waas dormant in the year Digita Accounts Production Advanced 6.30.9574.0 true true 03378720 2023-01-01 2023-12-31 03378720 2023-12-31 03378720 core:ShareCapital 2023-12-31 03378720 bus:SmallEntities 2023-01-01 2023-12-31 03378720 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 03378720 bus:FullAccounts 2023-01-01 2023-12-31 03378720 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 03378720 bus:RegisteredOffice 2023-01-01 2023-12-31 03378720 bus:Director5 2023-01-01 2023-12-31 03378720 bus:EntityNoLongerTradingButTradedInPast 2023-01-01 2023-12-31 03378720 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 03378720 1 2023-01-01 2023-12-31 03378720 countries:AllCountries 2023-01-01 2023-12-31 03378720 2022-01-01 2022-12-31 03378720 2022-12-31 03378720 core:ShareCapital 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 03378720

Process Tomography Foresight Technology Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Process Tomography Foresight Technology Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3

 

Process Tomography Foresight Technology Limited

Company Information

Director

J Moon

Registered office

Dickinson House
20 Dickinson Street
Manchester
M1 4LF

Accountants

McKellens Limited
Chartered Accountants
11 Riverview
The Embankment Business Park
Vale Road
Heaton Mersey
Stockport
SK4 3GN

 

Process Tomography Foresight Technology Limited

(Registration number: 03378720)
Balance Sheet as at 31 December 2023

Note

31.12.2023
£

31.03.2022
£

Current assets

 

Cash at bank and in hand

 

6

6

capital and reserves

 

Called up share capital

6

6

Total equity

 

6

6

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 August 2024
 

.........................................
J Moon
Director

   
     
 

Process Tomography Foresight Technology Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
Dickinson House
20 Dickinson Street
Manchester
M1 4LF

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2022 - 0).

4

Parent and ultimate parent undertaking

The company's immediate parent is Industrial Tomography Systems Ltd, incorporated in England & Wales.