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REGISTERED NUMBER: 12993393 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

THEIA GUIDANCE SYSTEMS LIMITED

THEIA GUIDANCE SYSTEMS LIMITED (REGISTERED NUMBER: 12993393)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THEIA GUIDANCE SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: A D Camu





REGISTERED OFFICE: Suite 203, Pill Box Studios
115 Coventry Road
London
E2 6GG





REGISTERED NUMBER: 12993393 (England and Wales)

THEIA GUIDANCE SYSTEMS LIMITED (REGISTERED NUMBER: 12993393)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 47,219 16,626
Tangible assets 5 3,553 4,397
50,772 21,023

CURRENT ASSETS
Debtors 6 11,344 22,777
Cash at bank 47,959 69,890
59,303 92,667
CREDITORS
Amounts falling due within one year 7 15,301 16,939
NET CURRENT ASSETS 44,002 75,728
TOTAL ASSETS LESS CURRENT
LIABILITIES

94,774

96,751

CAPITAL AND RESERVES
Called up share capital 1 1
Share premium 311,590 261,591
Retained earnings (216,817 ) (164,841 )
94,774 96,751

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THEIA GUIDANCE SYSTEMS LIMITED (REGISTERED NUMBER: 12993393)

BALANCE SHEET - continued
30 NOVEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 August 2024 and were signed by:





A D Camu - Director


THEIA GUIDANCE SYSTEMS LIMITED (REGISTERED NUMBER: 12993393)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1. STATUTORY INFORMATION

Theia Guidance Systems Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12993393 and the registered office is Suite 203, Pill Box Studios, 115 Coventry Road, London, United Kingdom, E2 6GG.
The principal activity of the company is other information technology service activities.

The financial statements are presented in Pound Sterling (£), which is also the functional currency of the company.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation on tangible fixed assets is charged to profit or loss so as to write off their value, over their estimated useful lives, as below:

Fixtures and Fittings25% Straight Line
Plant and Machinery 25% Straight Line
Computer Equipment25% Straight Line

At each reporting date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication of impairment. Any impairment is charged to profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


THEIA GUIDANCE SYSTEMS LIMITED (REGISTERED NUMBER: 12993393)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2022 16,626
Additions 30,593
At 30 November 2023 47,219
NET BOOK VALUE
At 30 November 2023 47,219
At 30 November 2022 16,626

THEIA GUIDANCE SYSTEMS LIMITED (REGISTERED NUMBER: 12993393)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 December 2022 102 2,214 4,446 6,762
Additions - 1,172 71 1,243
Disposals - - (700 ) (700 )
At 30 November 2023 102 3,386 3,817 7,305
DEPRECIATION
At 1 December 2022 50 92 2,223 2,365
Charge for year 26 764 947 1,737
Eliminated on disposal - - (350 ) (350 )
At 30 November 2023 76 856 2,820 3,752
NET BOOK VALUE
At 30 November 2023 26 2,530 997 3,553
At 30 November 2022 52 2,122 2,223 4,397

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Other debtors 11,344 22,777

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 3,863 469
Taxation and social security 8,602 14,144
Other creditors 2,836 2,326
15,301 16,939