Company Registration No. 09156597 (England and Wales)
Tirius Ventures Limited
Unaudited accounts
for the year ended 31 August 2023
Tirius Ventures Limited
Unaudited accounts
Contents
Tirius Ventures Limited
Company Information
for the year ended 31 August 2023
Company Number
09156597 (England and Wales)
Registered Office
12 CWRT Y PARC, EARLSWOOD ROAD
LLANISHEN
CARDIFF
CF14 5GH
WALES
Accountants
williams lester accountants ltd
12 Cwrt Y Parc, Earlswood Road
Llanishen
Cardiff
Cardiff
CF14 5GH
Tirius Ventures Limited
Statement of financial position
as at 31 August 2023
Tangible assets
10,974
14,162
Cash at bank and in hand
718
801
Creditors: amounts falling due within one year
(10,835)
(24,405)
Net current liabilities
(1,635)
(4,107)
Total assets less current liabilities
9,339
10,055
Creditors: amounts falling due after more than one year
(7,738)
(8,728)
Called up share capital
1
1
Profit and loss account
1,600
1,326
Shareholders' funds
1,601
1,327
For the year ending 31 August 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 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 October 2024 and were signed on its behalf by
Dr T M Kelly
Director
Company Registration No. 09156597
Tirius Ventures Limited
Notes to the Accounts
for the year ended 31 August 2023
Tirius Ventures Limited is a private company, limited by shares, registered in England and Wales, registration number 09156597. The registered office is 12 CWRT Y PARC, EARLSWOOD ROAD, LLANISHEN, CARDIFF, CF14 5GH, WALES.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2022
24,754
6,196
6,012
36,962
At 31 August 2023
24,754
6,196
6,012
36,962
At 1 September 2022
14,877
2,866
5,057
22,800
Charge for the year
1,975
666
547
3,188
At 31 August 2023
16,852
3,532
5,604
25,988
At 31 August 2023
7,902
2,664
408
10,974
At 31 August 2022
9,877
3,330
955
14,162
Amounts falling due within one year
Trade debtors
5,082
14,069
Tirius Ventures Limited
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,000
3,000
Taxes and social security
5,624
7,186
Loans from directors
840
12,432
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Transactions with related parties
At the balance sheet date, the trade debtors figure includes an amount of £14,279 due from the Director for services provided at market rates on an arms length basis.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).