Company Registration No. 11733285 (England and Wales)
TECHNICON FURNISHERS LTD
Financial Statements
for the year ended 31 December 2023
TECHNICON FURNISHERS LTD
Financial Statements
Contents
TECHNICON FURNISHERS LTD
Company Information
for the year ended 31 December 2023
Director
Mr Syed Bilal Yunas
Company Number
11733285 (England and Wales)
Registered Office
108 DUNRAVEN STREET
TONYPANDY
MID GLAMORGAN
CF40 1AS
UNITED KINGDOM
TECHNICON FURNISHERS LTD
Statement of financial position
as at 31 December 2023
Tangible assets
10,255
13,804
Cash at bank and in hand
21,131
17,799
Creditors: amounts falling due within one year
(2,244)
(849)
Net current assets
39,437
33,700
Total assets less current liabilities
49,692
47,504
Creditors: amounts falling due after more than one year
(47,761)
(48,561)
Net assets/(liabilities)
1,931
(1,057)
Called up share capital
1
1
Profit and loss account
1,930
(1,058)
Shareholders' funds
1,931
(1,057)
For the year ending 31 December 2023 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 30 August 2024 and were signed on its behalf by
Mr Syed Bilal Yunas
Director
Company Registration No. 11733285
TECHNICON FURNISHERS LTD
Notes to the Accounts
for the year ended 31 December 2023
TECHNICON FURNISHERS LTD is a private company, limited by shares, registered in England and Wales, registration number 11733285. The registered office is 108 DUNRAVEN STREET, TONYPANDY, MID GLAMORGAN, CF40 1AS, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2023
16,767
978
17,745
At 31 December 2023
16,767
978
17,745
At 1 January 2023
3,353
588
3,941
Charge for the year
3,353
196
3,549
At 31 December 2023
6,706
784
7,490
At 31 December 2023
10,061
194
10,255
At 31 December 2022
13,414
390
13,804
5
Creditors: amounts falling due within one year
2023
2022
TECHNICON FURNISHERS LTD
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
47,761
48,561
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).