Buchanan Technologies Limited Filleted Accounts Cover
Buchanan Technologies Limited
Company No. 14043044
Information for Filing with The Registrar
31 December 2023
Buchanan Technologies Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 31 December 2023.
Principal activities
The principal activity of the company during the year under review was of investments.
Directors
The Directors who served at any time during the year were as follows:
N.A. Lyster
M.A. Morgan
S.K. Morgan
A.R. Smith
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
N.A. Lyster
Director
11 July 2024
Buchanan Technologies Limited Balance Sheet Registrar
at
31 December 2023
Company No.
14043044
Notes
2023
2022
£
£
Fixed assets
Investments
4
200,081200,081
200,081200,081
Current assets
Cash at bank and in hand
30,11930,119
30,11930,119
Net current assets
30,11930,119
Total assets less current liabilities
230,200230,200
Creditors: Amounts falling due after more than one year
5
(230,000)
(230,000)
Net assets
200200
Capital and reserves
Called up share capital
200200
Total equity
200200
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 11 July 2024 and signed on its behalf by:
N.A. Lyster
Director
11 July 2024
Buchanan Technologies Limited Notes to the Accounts Registrar
for the year ended 31 December 2023
1
General information
Buchanan Technologies Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 14043044
Its registered office is:
227 Shepherds Bush Road
London
W6 7AS
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Freehold investment property
Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
00
4
Investments
Other investments
Total
£
£
Cost or valuation
At 1 January 2023
200,081
200,081
At 31 December 2023
200,081
200,081
Provisions/Impairment
Net book values
At 31 December 2023
200,081
200,081
At 31 December 2022
200,081
200,081
5
Creditors:
amounts falling due after more than one year
2023
2022
£
£
Other loans
230,000230,000
230,000230,000
6
Share Capital
200 Ordinary shares of £1 each fully paid
7
Related party disclosures
Transactions with related parties
Parent Company
The name of the parent of the smallest group for which consolidated financial statements are drawn up of which this entity is a member:
Buchanan Computing Limited
The parent's registered office address is:
227 Shepherds Bush Road
London W6 7AS
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