3 false false false false false false false false false false true false false false false false false No description of principal activity 2024-01-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 12382424 2024-01-01 2024-12-31 12382424 2024-12-31 12382424 2023-12-31 12382424 2023-01-01 2023-12-31 12382424 2023-12-31 12382424 2022-12-31 12382424 bus:Director1 2024-01-01 2024-12-31 12382424 bus:Director2 2024-01-01 2024-12-31 12382424 core:WithinOneYear 2024-12-31 12382424 core:WithinOneYear 2023-12-31 12382424 core:AfterOneYear 2024-12-31 12382424 core:AfterOneYear 2023-12-31 12382424 bus:Micro-entities 2024-01-01 2024-12-31 12382424 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12382424 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12382424 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12382424 bus:FullAccounts 2024-01-01 2024-12-31
COMPANY REGISTRATION NUMBER: 12382424
TORO ADVISORY LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 December 2024
TORO ADVISORY LIMITED
STATEMENT OF FINANCIAL POSITION
31 December 2024
2024
2023
£
£
Fixed assets
23,622
29,527
---------
---------
Current assets
70,292
52,993
Creditors: amounts falling due within one year
52,449
31,479
---------
---------
Net current assets
17,843
21,514
---------
---------
Total assets less current liabilities
41,465
51,041
Creditors: amounts falling due after more than one year
14,545
18,927
Accruals and deferred income
1,210
1,681
---------
---------
25,710
30,433
---------
---------
Capital and reserves
25,710
30,433
---------
---------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 3 (2023: 3 ).
2. Directors' advances, credits and guarantees
At the start of the year the directors loan account had an overdrawn balance of £34,431, this balance was fully repaid. At the end of the year the directors loan account became overdrawn by £33,233. Interest has been charged on the overdrawn balance at 2.25%. This amount will be fully repaid within nine months.
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 24 February 2025 , and are signed on behalf of the board by:
S Gale
N Gale
Director
Director
Company registration number: 12382424
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Tower House, Lucy Tower Street, Lincoln, LN1 1XW, England.