IRIS Accounts Production v24.3.2.46 09472508 director 1.3.23 29.2.24 29.2.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh094725082023-02-28094725082024-02-29094725082023-03-012024-02-29094725082022-02-28094725082022-03-012023-02-28094725082023-02-2809472508ns15:EnglandWales2023-03-012024-02-2909472508ns14:PoundSterling2023-03-012024-02-2909472508ns10:Director12023-03-012024-02-2909472508ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2909472508ns10:SmallEntities2023-03-012024-02-2909472508ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2909472508ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2909472508ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2909472508ns10:FullAccounts2023-03-012024-02-2909472508ns10:RegisteredOffice2023-03-012024-02-2909472508ns5:CurrentFinancialInstruments2024-02-2909472508ns5:CurrentFinancialInstruments2023-02-2809472508ns5:ShareCapital2024-02-2909472508ns5:ShareCapital2023-02-2809472508ns5:RetainedEarningsAccumulatedLosses2024-02-2909472508ns5:RetainedEarningsAccumulatedLosses2023-02-2809472508ns5:FurnitureFittings2023-03-012024-02-2909472508ns5:MotorVehicles2023-03-012024-02-2909472508ns5:ComputerEquipment2023-03-012024-02-2909472508ns5:FurnitureFittings2023-02-2809472508ns5:MotorVehicles2023-02-2809472508ns5:ComputerEquipment2023-02-2809472508ns5:FurnitureFittings2024-02-2909472508ns5:MotorVehicles2024-02-2909472508ns5:ComputerEquipment2024-02-2909472508ns5:FurnitureFittings2023-02-2809472508ns5:MotorVehicles2023-02-2809472508ns5:ComputerEquipment2023-02-2809472508ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2909472508ns5:WithinOneYearns5:CurrentFinancialInstruments2023-02-28
REGISTERED NUMBER: 09472508 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

TECHTRUS LTD

TECHTRUS LTD (REGISTERED NUMBER: 09472508)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TECHTRUS LTD

COMPANY INFORMATION
for the Year Ended 29 FEBRUARY 2024







DIRECTOR: Mrs K M A Amato





REGISTERED OFFICE: 88 North Street
Hornchurch
Essex
RM11 1SR





REGISTERED NUMBER: 09472508 (England and Wales)





ACCOUNTANTS: Lipson & Co
88 North Street
Hornchurch
Essex
RM11 1SR

TECHTRUS LTD (REGISTERED NUMBER: 09472508)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 77,460 50,230

CURRENT ASSETS
Debtors 5 404,176 563,699
Cash at bank 28,526 78,219
432,702 641,918
CREDITORS
Amounts falling due within one year 6 286,674 505,797
NET CURRENT ASSETS 146,028 136,121
TOTAL ASSETS LESS CURRENT
LIABILITIES

223,488

186,351

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 223,388 186,251
223,488 186,351

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 15 January 2025 and were signed by:





Mrs K M A Amato - Director


TECHTRUS LTD (REGISTERED NUMBER: 09472508)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Techtrus Ltd 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.

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.

Turnover
Turnover 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 - 25% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 33% 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 4 (2023 - 5 ) .

TECHTRUS LTD (REGISTERED NUMBER: 09472508)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023 24,530 48,054 38,015 110,599
Additions - 44,786 1,197 45,983
At 29 February 2024 24,530 92,840 39,212 156,582
DEPRECIATION
At 1 March 2023 13,894 40,206 6,269 60,369
Charge for year 2,659 15,123 971 18,753
At 29 February 2024 16,553 55,329 7,240 79,122
NET BOOK VALUE
At 29 February 2024 7,977 37,511 31,972 77,460
At 28 February 2023 10,636 7,848 31,746 50,230

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 308,911 439,375
Other debtors 95,265 124,324
404,176 563,699

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 39,869 45,927
Trade creditors 20,276 49,374
Taxation and social security 29,333 115,984
Other creditors 197,196 294,512
286,674 505,797

7. ULTIMATE CONTROLLING PARTY

The controlling party is Mrs K M A Amato.