Registered number: 6906473 | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
Prepared By: | ||||||||
Gibsons Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
226 Oldham Road | ||||||||
Rochdale | ||||||||
Lancashire | ||||||||
OL11 2ER |
Techone Electronics Ltd | ||||||||
UNAUDITED FINANCIAL STATEMENTS | ||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||
DIRECTORS | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Lancashire | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 6906473 | ||||||||
ACCOUNTANTS | ||||||||
Gibsons Accountants Ltd | ||||||||
Chartered Accountants | ||||||||
226 Oldham Road | ||||||||
Rochdale | ||||||||
Lancashire | ||||||||
OL11 2ER |
Techone Electronics Ltd | ||||||||
UNAUDITED FINANCIAL STATEMENTS | ||||||||
FOR THEYEARENDED31/05/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Techone Electronics Ltd | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Cash at bank and in hand | ||||||||||
96,142 | 86,633 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS / (LIABILITIES) | (6,491) | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 5 | |||||||||
Profit and loss account | 11,006 | 4,165 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Techone Electronics Ltd | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31/05/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | reducing balance 25% | |||||||
Motor Cars | reducing balance 25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Revenue Recognition | ||||||||
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed. |
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
Techone Electronics Ltd | ||||||||
3. TANGIBLE FIXED ASSETS | ||||||
Equipment | Motor Cars | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/06/2023 | 3,345 | 18,500 | 21,845 | |||
Additions | 386 | - | 386 | |||
At 31/05/2024 | 3,731 | 18,500 | 22,231 | |||
Depreciation | ||||||
At 01/06/2023 | 1,694 | 9,395 | 11,089 | |||
For the year | 509 | 2,276 | 2,785 | |||
At 31/05/2024 | 2,203 | 11,671 | 13,874 | |||
Net Book Amounts | ||||||
At 31/05/2024 | 8,357 | |||||
At 31/05/2023 | 10,756 | |||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
VAT | 1,960 | 1,478 | ||||||
PAYE control | 1,915 | 1,915 | ||||||
Directors current account | 3,520 | 3,722 | ||||||
Other creditors - Grotec UK Ltd | 85,298 | 85,298 | ||||||
Accruals | 700 | 711 | ||||||
93,393 | 93,124 | |||||||
5. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
100 | 100 | |||||||
100 | 100 | |||||||