TROYCOMM SYSTEMS LIMITED

Company Registration Number:
08109904 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

TROYCOMM SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

TROYCOMM SYSTEMS LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Shafiq Rashid
Registered office: 83
Ducie Street
Manchester
England
M1 2JQ
Company Registration Number: 08109904 (England and Wales)

TROYCOMM SYSTEMS LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Shafiq Rashid

This report was approved by the board of directors on 12 September 2024
And Signed On Behalf Of The Board By:

Name: Shafiq Rashid
Status: Director

TROYCOMM SYSTEMS LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 36,181 55,219
Cost of sales ( 17,775 ) ( 10,834 )
Gross Profit or (Loss) 18,406 44,385
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 44,599 ) ( 0 )
Other operating income 0 0
Operating Profit or (Loss) ( 26,193 ) 44,385
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 26,193 ) 44,385
Profit or (Loss) for Period ( 26,193 ) 44,385

The notes form part of these financial statements

TROYCOMM SYSTEMS LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 26,559 29,762
Tangible assets: 5 13,254 10,266
Total fixed assets: 39,813 40,028
Current assets
Cash at bank and in hand: 5,832 3,303
Total current assets: 5,832 3,303
Creditors: amounts falling due within one year: 6 ( 66,165 ) ( 102,624 )
Net current assets (liabilities): ( 60,333 ) ( 99,321 )
Total assets less current liabilities: ( 20,520 ) ( 59,293 )
Creditors: amounts falling due after more than one year: 7 ( 25,645 ) ( 3,302 )
Provision for liabilities: ( 33,306 ) ( 29,762 )
Total net assets (liabilities): ( 79,471 ) ( 92,357 )

The notes form part of these financial statements

TROYCOMM SYSTEMS LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 8 ( 52,428 ) ( 88,525 )
Profit and loss account: ( 27,044 ) ( 3,833 )
Shareholders funds: ( 79,471 ) ( 92,357 )

For the year ending 31 March 2024 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.

This report was approved by the board of directors on 12 September 2024
And Signed On Behalf Of The Board By:

Name: Shafiq Rashid
Status: Director

The notes form part of these financial statements

TROYCOMM SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 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

TROYCOMM SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

TROYCOMM SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

TROYCOMM SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Intangible assets

Other Total
Cost £ £
At 01 April 2023 29,762 29,762
Additions - -
Disposals ( 3,203 ) ( 3,203 )
Revaluations - -
Transfers - -
At 31 March 2024 26,559 26,559
Amortisation
Amortisation at 01 April 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2024 - -
Net book value
Net book value at 31 March 2024 26,559 26,559
Net book value at 31 March 2023 29,762 29,762

Directors loan

TROYCOMM SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 April 2023 - 10,266 - - 10,266
Additions - 2,988 - - 2,988
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 31 March 2024 - 13,254 - - 13,254
Depreciation
At 01 April 2023 - - - - -
Charge for year - - - - -
On disposals - - - - -
Other adjustments - - - - -
At 31 March 2024 - - - - -
Net book value
At 31 March 2024 - 13,254 - - 13,254
At 31 March 2023 - 10,266 - - 10,266

TROYCOMM SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 66,165 102,624
Total 66,165 102,624

director loan, wages and subscriptions

TROYCOMM SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Other creditors 25,645 3,302
Total 25,645 3,302

wages and subscriptions

TROYCOMM SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

8. Revaluation reserve


2024
£
Balance at 01 April 2023 ( 88,525 )
Surplus or deficit after revaluation 36,097
Balance at 31 March 2024 ( 52,428 )

Director account