TORNADO INVESTMENTS LIMITED

Company Registration Number:
12211666 (England and Wales)

Unaudited statutory accounts for the year ended 28 September 2023

Period of accounts

Start date: 1 October 2022

End date: 28 September 2023

TORNADO INVESTMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 28 September 2023

Balance sheet
Additional notes
Balance sheet notes

TORNADO INVESTMENTS LIMITED

Balance sheet

As at 28 September 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 190,786 190,033
Cash at bank and in hand: 2,049 2,049
Total current assets: 192,835 192,082
Creditors: amounts falling due within one year: 4 ( 147,566 ) ( 147,566 )
Net current assets (liabilities): 45,269 44,516
Total assets less current liabilities: 45,269 44,516
Creditors: amounts falling due after more than one year: 5 ( 54,336 ) ( 49,336 )
Total net assets (liabilities): (9,067) (4,820)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (9,068 ) (4,821 )
Total Shareholders' funds: ( 9,067 ) (4,820)

The notes form part of these financial statements

TORNADO INVESTMENTS LIMITED

Balance sheet statements

For the year ending 28 September 2023 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 August 2024
and signed on behalf of the board by:

Name: Mr Nasser Saleh Alanizy
Status: Director

The notes form part of these financial statements

TORNADO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair values of the consideration received or receivable, net of discounts and value-added taxes. Turnover includes revenue earned from the sales of goods and from the rendering of services. Turnover from the sale of goods is recognized when the significant risks and rewards of ownership of the goods have been transferred to the buyer. Turnover from the rendering of services is recognized 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.

TORNADO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

TORNADO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2023

3. Debtors

2023 2022
£ £
Other debtors 190,786 190,033
Total 190,786 190,033

TORNADO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 1,280 1,280
Other creditors 146,286 146,286
Total 147,566 147,566

TORNADO INVESTMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2023

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

2023 2022
£ £
Bank loans and overdrafts 49,336 49,336
Other creditors 5,000
Total 54,336 49,336