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Company Registration No. 03184042 (England and Wales)
Technovations Ltd Unaudited accounts for the year ended 30 April 2024
Technovations Ltd Unaudited accounts Contents
Page
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Technovations Ltd Company Information for the year ended 30 April 2024
Director
G J H Owens
Company Number
03184042 (England and Wales)
Accountants
Aldertons Accountants Oak House 2 Woodward Close Ipswich Suffolk IP2 0EA
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Technovations Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,336 
3,114 
Current assets
Inventories
- 
1,150 
Debtors
213,398 
257,389 
Cash at bank and in hand
174,861 
188,307 
388,259 
446,846 
Creditors: amounts falling due within one year
511 
(24,278)
Net current assets
388,770 
422,568 
Net assets
391,106 
425,682 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
391,006 
425,582 
Shareholders' funds
391,106 
425,682 
For the year ending 30 April 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 30 October 2024 and were signed on its behalf by
G J H Owens Director Company Registration No. 03184042
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Technovations Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Technovations Ltd is a private company, limited by shares, registered in England and Wales, registration number 03184042.
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:
Plant & machinery
20% per annum straight line
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
49,006 
15,021 
61,831 
125,858 
At 30 April 2024
49,006 
15,021 
61,831 
125,858 
Depreciation
At 1 May 2023
49,005 
15,021 
58,718 
122,744 
Charge for the year
- 
- 
778 
778 
At 30 April 2024
49,005 
15,021 
59,496 
123,522 
Net book value
At 30 April 2024
1 
- 
2,335 
2,336 
At 30 April 2023
1 
- 
3,113 
3,114 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,037 
46,472 
Other debtors
209,361 
210,917 
213,398 
257,389 
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Technovations Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,148 
11,018 
Taxes and social security
(6,001)
11,636 
Other creditors
2,342 
1,624 
(511)
24,278 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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