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Torus Design Ltd.

Unaudited financial statements for the year ended 31 August 2024


Company information

Torus Design Ltd. is a private company limited by shares, registered in Scotland, registered number SC253711.

The company's registered office is: 15 Marlborough Street, Edinburgh, Midlothian, EH15 2BD, United Kingdom.

Balance Sheet

as at 31 August 2024

2024 2023
£ £
Fixed assets 630.45 818.68
Current assets 60,241.43 73,908.96
Prepayments and accrued income 0.00 865.89
Creditors: amounts falling due within one year (60,285.59) (49,431.45)
Net current assets / (liabilities) (44.16) 25,343.40
Total assets less current liabilities 586.29 26,162.08
Accruals and deferred income (450.00) (6,000.00)
Net assets 136.29 20,162.08
Capital and reserves 136.29 20,162.08

For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Directors' responsibilities:

Approved by the board of directors and signed on behalf of the board,

Richard Berry
15 October 2024

Notes to the accounts

  1. Average number of employees

    During the year the average number of employees was 1 (2023: 2).

  2. Director Advances Credits Note

    Included within debtors is a loan to the director Mr Richard Berry of £24,322 (PY £36,741), during the year £12,419 (PY £1,045) was repaid. The loan is unsecured and repayable on demand.