1 February 2023 false No description of principal activity Taxfiler 2024.5 10561096business:PrivateLimitedCompanyLtd2023-02-012024-01-31 105610962023-01-31 105610962023-02-012024-01-31 10561096business:AuditExemptWithAccountantsReport2023-02-012024-01-31 10561096business:FilletedAccounts2023-02-012024-01-31 105610962024-01-31 10561096business:Director12023-02-012024-01-31 10561096business:RegisteredOffice2023-02-012024-01-31 105610962023-01-31 10561096core:WithinOneYear2024-01-31 10561096core:WithinOneYear2023-01-31 10561096core:AfterOneYear2024-01-31 10561096core:AfterOneYear2023-01-31 10561096core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 10561096core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 10561096core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 10561096core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 10561096core:PreviouslyStatedAmount2024-01-31 10561096core:PreviouslyStatedAmount2023-01-31 10561096business:SmallEntities2023-02-012024-01-31 10561096countries:EnglandWales2023-02-012024-01-31 10561096core:ComputerEquipment2023-02-012024-01-31 10561096core:Goodwill2023-01-31 10561096core:Goodwill2024-01-31 10561096core:Goodwill2023-02-012024-01-31 10561096core:ComputerEquipment2023-01-31 10561096core:ComputerEquipment2024-01-31 105610962022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 10561096 (England and Wales)
TECHNICAL PROJECTS LTD Unaudited accounts for the year ended 31 January 2024
TECHNICAL PROJECTS LTD Unaudited accounts Contents
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TECHNICAL PROJECTS LTD Company Information for the year ended 31 January 2024
Director
Richard Philip Perry
Company Number
10561096 (England and Wales)
Registered Office
13 Roxburgh Terrace Whitley Bay Tyne & Wear NE26 1DR
Accountants
Jack Bowden Haydon Accountancy Services Limited 33 Percy Crescent North Shields Tyne & Wear NE29 6HP
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TECHNICAL PROJECTS LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
20,915 
23,529 
Tangible assets
3,041 
1,906 
23,956 
25,435 
Current assets
Debtors
14,735 
12,604 
Cash at bank and in hand
(1,818)
2,600 
12,917 
15,204 
Creditors: amounts falling due within one year
(17,801)
(12,417)
Net current (liabilities)/assets
(4,884)
2,787 
Total assets less current liabilities
19,072 
28,222 
Creditors: amounts falling due after more than one year
(18,888)
(18,566)
Net assets
184 
9,656 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
82 
9,554 
Shareholders' funds
184 
9,656 
For the year ending 31 January 2024 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 21 March 2024 and were signed on its behalf by
Richard Philip Perry Director Company Registration No. 10561096
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TECHNICAL PROJECTS LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
TECHNICAL PROJECTS LTD is a private company, limited by shares, registered in England and Wales, registration number 10561096. The registered office is 13 Roxburgh Terrace, Whitley Bay, Tyne & Wear, NE26 1DR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2023
26,143 
At 31 January 2024
26,143 
Amortisation
At 1 February 2023
2,614 
Charge for the year
2,614 
At 31 January 2024
5,228 
Net book value
At 31 January 2024
20,915 
At 31 January 2023
23,529 
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TECHNICAL PROJECTS LTD Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2023
6,719 
Additions
2,149 
At 31 January 2024
8,868 
Depreciation
At 1 February 2023
4,813 
Charge for the year
1,014 
At 31 January 2024
5,827 
Net book value
At 31 January 2024
3,041 
At 31 January 2023
1,906 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
14,735 
12,604 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
749 
VAT
7,993 
4,914 
Trade creditors
197 
- 
Taxes and social security
10,360 
6,126 
Loans from directors
(1,189)
188 
Accruals
440 
440 
17,801 
12,417 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
16,034 
18,566 
Obligations under finance leases and hire purchase contracts
2,854 
- 
18,888 
18,566 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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