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Company Registration No. 13283897 (England and Wales)
Tonico Ltd Unaudited accounts for the year ended 31 March 2024
Tonico Ltd Unaudited accounts Contents
Page
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Tonico Ltd Company Information for the year ended 31 March 2024
Director
Giacomo Peggion
Company Number
13283897 (England and Wales)
Registered Office
29A Adam and Eve Mews London W8 6UG England
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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Tonico Ltd Accountants' report
Accountants' report to the director of Tonico Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Tonico Ltd for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Tonico Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Tonico Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tonico Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Tonico Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Tonico Ltd. You consider that Tonico Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Tonico Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 12 June 2024
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Tonico Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
10,066 
2,705 
Current assets
Cash at bank and in hand
19,263 
30,655 
Creditors: amounts falling due within one year
(53,839)
(54,656)
Net current liabilities
(34,576)
(24,001)
Net liabilities
(24,510)
(21,296)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(24,511)
(21,297)
Shareholders' funds
(24,510)
(21,296)
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 12 June 2024 and were signed on its behalf by
Giacomo Peggion Director Company Registration No. 13283897
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Tonico Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Tonico Ltd is a private company, limited by shares, registered in England and Wales, registration number 13283897. The registered office is 29A Adam and Eve Mews, London, W8 6UG, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% WDV
Computer equipment
25% WDV
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
1,204 
1,784 
2,988 
Additions
- 
9,293 
9,293 
At 31 March 2024
1,204 
11,077 
12,281 
Depreciation
At 1 April 2023
135 
148 
283 
Charge for the year
267 
1,665 
1,932 
At 31 March 2024
402 
1,813 
2,215 
Net book value
At 31 March 2024
802 
9,264 
10,066 
At 31 March 2023
1,069 
1,636 
2,705 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
52,831 
53,681 
Accruals
1,008 
975 
53,839 
54,656 
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Tonico Ltd Notes to the Accounts for the year ended 31 March 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Giacomo Peggion
(53,681)
(9,741)
(10,591)
(52,831)
(53,681)
(9,741)
(10,591)
(52,831)
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).
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