Company Registration No. 10989900 (England and Wales)
TECHNOCRATS HOLDINGS LTD
Unaudited accounts
for the year ended 31 October 2024
TECHNOCRATS HOLDINGS LTD
Unaudited accounts
Contents
TECHNOCRATS HOLDINGS LTD
Company Information
for the year ended 31 October 2024
Directors
NILESHKUMAR JAGDISHBHAI PATEL
RASHMIKA NILESHKUMAR PATEL
Company Number
10989900 (England and Wales)
Registered Office
3RD FLOOR VYMAN HOUSE
104 COLLEGE ROAD
HARROW
MIDDLESEX
HA1 1BQ
UK
Accountants
RMR Partnership LLP
3rd Floor, Vyman House
104 College Road
Harrow
Middlesex
HA1 1BQ
TECHNOCRATS HOLDINGS LTD
Statement of financial position
as at 31 October 2024
Investment property
476,782
436,684
Investments
300,000
300,000
Cash at bank and in hand
19,457
12,967
Creditors: amounts falling due within one year
(825,894)
(755,802)
Net current liabilities
(506,437)
(442,835)
Net (liabilities)/assets
(19,504)
4,000
Called up share capital
100
100
Profit and loss account
(19,604)
3,900
Shareholders' funds
(19,504)
4,000
For the year ending 31 October 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 24 December 2024 and were signed on its behalf by
NILESHKUMAR JAGDISHBHAI PATEL
Director
Company Registration No. 10989900
TECHNOCRATS HOLDINGS LTD
Notes to the Accounts
for the year ended 31 October 2024
TECHNOCRATS HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 10989900. The registered office is 3RD FLOOR VYMAN HOUSE, 104 COLLEGE ROAD, HARROW, MIDDLESEX, HA1 1BQ, UK.
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.
Fair value at 1 November 2023
436,684
At 31 October 2024
476,782
5
Investments
Other investments
Valuation at 1 November 2023
10,151
Valuation at 31 October 2024
10,151
6
Investments held as current assets
2024
2023
Unlisted investments
300,000
300,000
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
4,396
1,749
Taxes and social security
-
785
Other creditors
91,800
55,000
Loans from directors
729,088
697,708
TECHNOCRATS HOLDINGS LTD
Notes to the Accounts
for the year ended 31 October 2024
8
Transactions with related parties
At the balance sheet date the company owed the directors £729,088 (2023: £697,708).
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).