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REGISTERED NUMBER: SC613073 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Tech Couriers Limited

Tech Couriers Limited (Registered number: SC613073)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Tech Couriers Limited (Registered number: SC613073)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,364 11,999

CURRENT ASSETS
Debtors 5 - 4,592
Cash at bank 16,074 16,249
16,074 20,841
CREDITORS
Amounts falling due within one year 6 30,363 32,715
NET CURRENT LIABILITIES (14,289 ) (11,874 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,075

125

CREDITORS
Amounts falling due after more than one year 7 4,063 -
NET ASSETS 1,012 125

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,011 124
1,012 125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 July 2024 and were signed by:





S Nurrish - Director


Tech Couriers Limited (Registered number: SC613073)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Tech Couriers Limited is a private company, limited by shares, domiciled in Scotland, registration number SC613073. The registered office is Unit 4 Longcroft Trading Estate, 209 Glasgow Road, Longcroft, FK4 1QQ.

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.

Turnover
Turnover represents net invoiced sales of services in respect of technical services, excluding value added tax. Sales are recognised at the point at which the service is complete.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

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.

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

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

Tech Couriers Limited (Registered number: SC613073)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 32,327
Additions 19,750
Disposals (18,742 )
At 31 December 2023 33,335
DEPRECIATION
At 1 January 2023 20,328
Charge for year 6,455
Eliminated on disposal (12,812 )
At 31 December 2023 13,971
NET BOOK VALUE
At 31 December 2023 19,364
At 31 December 2022 11,999

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 19,750
At 31 December 2023 19,750
DEPRECIATION
Charge for year 4,938
At 31 December 2023 4,938
NET BOOK VALUE
At 31 December 2023 14,812

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors - 4,592

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 3,250 675
Trade creditors 4,423 6,878
Taxation and social security 13,967 24,053
Other creditors 8,723 1,109
30,363 32,715

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 4,063 -

Tech Couriers Limited (Registered number: SC613073)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Hire purchase contracts 7,313 -