Company Registration No. 11937385 (England and Wales)
TECHIRE SOLUTIONS LTD
Unaudited accounts
for the year ended 31 March 2024
TECHIRE SOLUTIONS LTD
Unaudited accounts
Contents
TECHIRE SOLUTIONS LTD
Company Information
for the year ended 31 March 2024
Directors
Marc Powell
Allys Parsons
Company Number
11937385 (England and Wales)
Registered Office
4th Floor
Silverstream House
London
W1T 6EB
Accountants
Space Advisory and Accountancy Limited
19 Malago Drive
Bristol
BS3 5DR
TECHIRE SOLUTIONS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
1,925
4,746
Cash at bank and in hand
122,753
235,191
Creditors: amounts falling due within one year
(38,313)
(63,372)
Net current assets
84,440
176,704
Total assets less current liabilities
86,365
181,450
Creditors: amounts falling due after more than one year
(7,339)
(13,461)
Called up share capital
100
100
Profit and loss account
78,926
167,889
Shareholders' funds
79,026
167,989
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 4 December 2024 and were signed on its behalf by
Marc Powell
Director
Company Registration No. 11937385
TECHIRE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 March 2024
TECHIRE SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 11937385. The registered office is 4th Floor, Silverstream House, London, W1T 6EB.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.
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
25% Straight Line
Computer equipment
25% Straight Line
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,548
9,735
11,283
At 31 March 2024
1,548
9,735
11,283
At 1 April 2023
991
5,546
6,537
Charge for the year
387
2,434
2,821
At 31 March 2024
1,378
7,980
9,358
At 31 March 2024
170
1,755
1,925
At 31 March 2023
557
4,189
4,746
TECHIRE SOLUTIONS LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,122
5,971
Taxes and social security
26
22,461
Loans from directors
31,522
32,258
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).