IRIS Accounts Production v24.3.0.553 06794930 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh067949302023-03-31067949302024-03-31067949302023-04-012024-03-31067949302022-03-31067949302022-04-012023-03-31067949302023-03-3106794930ns15:EnglandWales2023-04-012024-03-3106794930ns14:PoundSterling2023-04-012024-03-3106794930ns10:Director12023-04-012024-03-3106794930ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106794930ns10:SmallEntities2023-04-012024-03-3106794930ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106794930ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106794930ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106794930ns10:FullAccounts2023-04-012024-03-3106794930ns10:Director22023-04-012024-03-3106794930ns10:CompanySecretary12023-04-012024-03-3106794930ns10:RegisteredOffice2023-04-012024-03-3106794930ns5:CurrentFinancialInstruments2024-03-3106794930ns5:CurrentFinancialInstruments2023-03-3106794930ns5:ShareCapital2024-03-3106794930ns5:ShareCapital2023-03-3106794930ns5:FurtherSpecificReserve1ComponentTotalEquity2024-03-3106794930ns5:FurtherSpecificReserve1ComponentTotalEquity2023-03-3106794930ns5:RetainedEarningsAccumulatedLosses2024-03-3106794930ns5:RetainedEarningsAccumulatedLosses2023-03-3106794930ns5:FurnitureFittings2023-04-012024-03-3106794930ns5:ComputerEquipment2023-04-012024-03-3106794930ns5:FurnitureFittings2023-03-3106794930ns5:ComputerEquipment2023-03-3106794930ns5:FurnitureFittings2024-03-3106794930ns5:ComputerEquipment2024-03-3106794930ns5:FurnitureFittings2023-03-3106794930ns5:ComputerEquipment2023-03-3106794930ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3106794930ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 06794930 (England and Wales)















Unaudited Financial Statements For The Year Ended 31 March 2024

for

Tech Access Limited

Tech Access Limited (Registered number: 06794930)

Contents of the Financial Statements
For The Year Ended 31 March 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Tech Access Limited

Company Information
For The Year Ended 31 March 2024







DIRECTORS: Mrs O Chaudhry
Mr I Chaudhry





SECRETARY: Mrs O Chaudhry





REGISTERED OFFICE: 69 Manor Way
Beckenham
BR3 3LN





REGISTERED NUMBER: 06794930 (England and Wales)





ACCOUNTANTS: Ashwells Associates Limited
Chartered Certified Accountants
54a Church Road
Ashford
Middlesex
TW15 2TS

Tech Access Limited (Registered number: 06794930)

Statement of Financial Position
31 March 2024

31/3/24 31/3/23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 24,204 9,802

CURRENT ASSETS
Debtors 5 99,787 8,015
Cash at bank and in hand 335,835 460,287
435,622 468,302
CREDITORS
Amounts falling due within one year 6 84,415 137,922
NET CURRENT ASSETS 351,207 330,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

375,411

340,182

PROVISIONS FOR LIABILITIES - 1,862
NET ASSETS 375,411 338,320

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Other reserves - 1,456
Retained earnings 374,411 335,864
SHAREHOLDERS' FUNDS 375,411 338,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Tech Access Limited (Registered number: 06794930)

Statement of Financial Position - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:





Mr I Chaudhry - Director


Tech Access Limited (Registered number: 06794930)

Notes to the Financial Statements
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

Tech Access Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates
The estimates and underlying assumptions are reviewed on an ongoing basis . Revisions to accounting estimates are recognized in the periods in which estimates is revised where the revision affects only that period or in the period of revision and future period where the revision affects both current and future periods.

There are no significant judgements or estimates involved in the preparation of the financial statements.

Revenue
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Tech Access Limited (Registered number: 06794930)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 4,147 33,649 37,796
Additions 30,439 - 30,439
At 31 March 2024 34,586 33,649 68,235
DEPRECIATION
At 1 April 2023 3,035 24,959 27,994
Charge for year 11,157 4,880 16,037
At 31 March 2024 14,192 29,839 44,031
NET BOOK VALUE
At 31 March 2024 20,394 3,810 24,204
At 31 March 2023 1,112 8,690 9,802

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 10,622 8,015
Other debtors 89,165 -
99,787 8,015

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 2,967 1,184
Taxation and social security 66,050 81,788
Other creditors 15,398 54,950
84,415 137,922

Tech Access Limited (Registered number: 06794930)

Notes to the Financial Statements - continued
For The Year Ended 31 March 2024


7. RELATED PARTY DISCLOSURES

Included in the Debtors is an amount of £83,438 owed from the directors of the company. The interest rate on loan is 2.25% per annum and is repayable on demand.

The company has made charitable donations of £10,594 (2023 - £10,345) to a charity, Chaudhry Foundation where director of the company is a trustee.

During the year, the company invoiced a total sum of £689 (2023 - £3,921) to Tech Threat Ltd, a related party by virtue of being under common control.