2023-10-01 10359619 2024-09-30 10359619 2023-10-01 2024-09-30 10359619 2023-09-30 10359619 2022-10-01 2023-09-30 10359619 uk-core:WithinOneYear 2023-09-30 10359619 uk-core:WithinOneYear 2024-09-30 10359619 uk-core:AfterOneYear 2023-09-30 10359619 uk-core:AfterOneYear 2024-09-30 10359619 uk-core:ShareCapital 2024-09-30 10359619 uk-core:ShareCapital 2023-09-30 10359619 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 10359619 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 10359619 uk-bus:Director1 2023-10-01 2024-09-30 10359619 uk-core:ComputerEquipment 2023-10-01 2024-09-30 10359619 uk-core:OtherVehicles 2023-10-01 2024-09-30 10359619 uk-core:FurnitureFittings 2023-10-01 2024-09-30 10359619 uk-core:ComputerEquipment 2023-09-30 10359619 uk-core:FurnitureFittings 2023-09-30 10359619 uk-core:OtherVehicles 2023-09-30 10359619 uk-core:OtherVehicles 2024-09-30 10359619 uk-core:FurnitureFittings 2024-09-30 10359619 uk-core:ComputerEquipment 2024-09-30 10359619 uk-core:AfterOneYear uk-core:Secured 2024-09-30 10359619 uk-core:AfterOneYear uk-core:Secured 2023-09-30 iso4217:GBP xbrli:pure 10359619 uk-bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 10359619 uk-bus:FRS102 2023-10-01 2024-09-30 10359619 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 10359619 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
Transcend-Uk Ltd
Registered Number:10359619
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 September 2024
Transcend-Uk Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
10359619
As at 30 September 2024
Transcend-Uk Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
24,344
43,758
2
24,344
43,758
Current assets
Trade and other receivables
407,731
560,033
3
80,177
Cash and cash equivalents
97,126
657,159
487,908
Trade and other payables: amounts falling due within one
year
(408,013)
(584,148)
4
79,895
73,011
Net current assets
Total assets less current liabilities
97,355
123,653
Trade and other payables: amounts falling due after more
than one year
(144,097)
(110,784)
5
(43)
-
Provisions for liabilities
(13,472)
Net liabilities
(20,444)
Capital and reserves
Called up share capital
1
1
Retained earnings
(13,473)
(20,445)
(13,472)
(20,444)
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Perry Stephen Sando Director
These financial statements were approved and authorised for issue by the Board on 11 November 2024 and were signed by:
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4
Registered Number :
10359619
For the year ended 30 September 2024
Transcend-Uk Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 30 September 2024
Transcend-Uk Ltd
Notes to the Financial Statements
Statutory Information
Transcend-Uk Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration
number 10359619.
Registered address:
29 Stewart Place
Station Road
Ware
Herts
SG12 9UN
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Reducing balance
Computer Equipment
20 Reducing balance
Motor Vehicles
25 Reducing balance
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.
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6
For the year ended 30 September 2024
Transcend-Uk Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor Vehicles
£
£
£
£
Cost or
valuation
At 01 October 2023
102,547
9,682
1,435
91,430
835
-
835
-
Additions
At 30 September 2024
91,430
2,270
9,682
103,382
Provision for depreciation and impairment
At 01 October 2023
58,789
3,644
287
54,858
Charge for year
20,249
1,509
454
18,286
At 30 September 2024
79,038
5,153
741
73,144
At 30 September 2024
Net book value
18,286
1,529
4,529
24,344
At 30 September 2023
36,572
1,148
6,038
43,758
3. Trade and other receivables
2023
2024
£
£
Trade debtors
548,088
403,446
Other debtors
11,945
4,285
407,731
560,033
The debtors above include the following amounts falling due after more than one year:
Other debtors
11,945
(1,677)
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
1
Taxation and social security
171,575
120,073
Other creditors
412,573
287,939
584,148
408,013
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7
For the year ended 30 September 2024
Transcend-Uk Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
110,784
142,878
Bank loans and overdraft (secured)
-
1,219
110,784
144,097
6. Average number of persons employed
During the year the average number of employees was 4 (2023 : 6)
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