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REGISTERED NUMBER: 07502199 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TRACEPOINT LIMITED

TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


TRACEPOINT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: J Cox





REGISTERED OFFICE: Flat 2403, Viadux
42 Great Bridgewater Street
Manchester
M1 5LP





REGISTERED NUMBER: 07502199 (England and Wales)





ACCOUNTANTS: Andrew Cross & Co.
Chartered Certified Accountants
6 Green Lane Business Park
238 Green Lane
New Eltham
London
SE9 3TL

TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 3,066
Tangible assets 5 5,042 6,723
5,042 9,789

CURRENT ASSETS
Debtors 6 66,769 21,086
Cash at bank 48,508 24,551
115,277 45,637
CREDITORS
Amounts falling due within one year 7 19,417 204
NET CURRENT ASSETS 95,860 45,433
TOTAL ASSETS LESS CURRENT
LIABILITIES

100,902

55,222

CAPITAL AND RESERVES
Called up share capital 330 330
Share premium 99,955 99,955
Retained earnings 617 (45,063 )
100,902 55,222

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)

BALANCE SHEET - continued
31 MARCH 2024


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 12 March 2025 and were signed by:





J Cox - Director


TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Tracepoint Limited 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 124,943
AMORTISATION
At 1 April 2023 121,877
Charge for year 3,066
At 31 March 2024 124,943
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 3,066

TRACEPOINT LIMITED (REGISTERED NUMBER: 07502199)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 53,197
DEPRECIATION
At 1 April 2023 46,474
Charge for year 1,681
At 31 March 2024 48,155
NET BOOK VALUE
At 31 March 2024 5,042
At 31 March 2023 6,723

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,394 -
Other debtors 54,375 21,086
66,769 21,086

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 18,667 (546 )
Other creditors 750 750
19,417 204

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
J Cox
Balance outstanding at start of year 20,816 13,516
Amounts advanced 33,275 7,300
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 54,091 20,816