REGISTERED NUMBER: |
Torr Innovations Ltd |
Unaudited Financial Statements |
for the Year Ended 31st March 2024 |
REGISTERED NUMBER: |
Torr Innovations Ltd |
Unaudited Financial Statements |
for the Year Ended 31st March 2024 |
Torr Innovations Ltd (Registered number: 06692121) |
Contents of the Financial Statements |
for the Year Ended 31st March 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 |
Torr Innovations Ltd |
Company Information |
for the Year Ended 31st March 2024 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
48 Arwenack Street |
Falmouth |
Cornwall |
TR11 3JH |
Torr Innovations Ltd (Registered number: 06692121) |
Statement of Financial Position |
31st March 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ |
CREDITORS |
Amounts falling due within one year | 4 | ( |
) | ( |
) |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges her 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 were approved by the director and authorised for issue on |
Torr Innovations Ltd (Registered number: 06692121) |
Notes to the Financial Statements |
for the Year Ended 31st March 2024 |
1. | STATUTORY INFORMATION |
Torr Innovations Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Amounts owed to group undertakings |
Other creditors |
5. | RELATED PARTY DISCLOSURES |
At the year end the Torr Innovation owed the director S Wolstenholme £344,209 (2023 £344,209) |
The company also had outstanding intercompany loans due as follows: |
Ashes and Sparks Limited - £2,485 (2023 - £2,485) |
Ashley Events Limited - £119,546 (2023 - £119,090) |
6. | ULTIMATE CONTROLLING PARTY |
The company is a wholly owned subsidiary of Ashes & Sparks Limited of which Ms S Wolstenholme is a director and majority shareholder. |
7. | GOING CONCERN |
The company is reliant upon the continued support of the director and the holding company Ashes and Sparks Ltd. |