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Company Registration No. 10518250 (England and Wales)
Tosol Ltd Unaudited accounts for the year ended 31 December 2023
Tosol Ltd Unaudited accounts Contents
Page
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Tosol Ltd Company Information for the year ended 31 December 2023
Director
T G P Myatt Esq
Company Number
10518250 (England and Wales)
Registered Office
45 Etnam Street Leominster HR6 8AE England
Accountants
Armstrong Rogers & Co 45 Etnam Street Leominster Herefordshire HR6 8AE
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Tosol Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,993 
555 
Current assets
Debtors
138 
13,340 
Cash at bank and in hand
50,244 
19 
50,382 
13,359 
Creditors: amounts falling due within one year
(25,120)
(6,938)
Net current assets
25,262 
6,421 
Total assets less current liabilities
29,255 
6,976 
Provisions for liabilities
Deferred tax
(759)
(105)
Net assets
28,496 
6,871 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
28,396 
6,771 
Shareholders' funds
28,496 
6,871 
For the year ending 31 December 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 31 October 2024 and were signed on its behalf by
T G P Myatt Esq Director Company Registration No. 10518250
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Tosol Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Tosol Ltd is a private company, limited by shares, registered in England and Wales, registration number 10518250. The registered office is 45 Etnam Street, Leominster, HR6 8AE, England.
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 Basis
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
1,582 
Additions
4,769 
At 31 December 2023
6,351 
Depreciation
At 1 January 2023
1,027 
Charge for the year
1,331 
At 31 December 2023
2,358 
Net book value
At 31 December 2023
3,993 
At 31 December 2022
555 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
13,208 
Accrued income and prepayments
138 
132 
138 
13,340 
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Tosol Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
16,950 
3,642 
Other creditors
7,390 
3,016 
Accruals
780 
280 
25,120 
6,938 
7
Deferred taxation
2023 
2022 
£ 
£ 
Accelerated capital allowances
759 
105 
2023 
2022 
£ 
£ 
Provision at start of year
105 
- 
Charged to the profit and loss account
654 
105 
Provision at end of year
759 
105 
8
Transactions with related parties
At 31 December 2023, Mr T.G.P. Myatt was owed £7,390 (2022: £3,016) in respect of his Directors Current Account.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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