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Company Registration No. 14557503 (England and Wales)
Technyma Ltd Unaudited accounts for the year ended 31 December 2024
Technyma Ltd Unaudited accounts Contents
Page
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Technyma Ltd Company Information for the year ended 31 December 2024
Director
Charalampos Melampianakis
Company Number
14557503 (England and Wales)
Registered Office
Unit 2, Glenmore Business Park Langford Locks Kidlington Oxfordshire OX5 1GL United Kingdom
Accountants
gHawk Accounting Ltd F61 Cherwell Business Village Southam Road Banbury Oxfordshire OX16 2SP
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Technyma Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
53,604 
62,532 
Current assets
Debtors
15,821 
13,782 
Cash at bank and in hand
2,671 
9,427 
18,492 
23,209 
Creditors: amounts falling due within one year
(147,492)
(116,300)
Net current liabilities
(129,000)
(93,091)
Net liabilities
(75,396)
(30,559)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(75,496)
(30,659)
Shareholders' funds
(75,396)
(30,559)
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 March 2025 and were signed on its behalf by
Charalampos Melampianakis Director Company Registration No. 14557503
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Technyma Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Technyma Ltd is a private company, limited by shares, registered in England and Wales, registration number 14557503. The registered office is Unit 2, Glenmore Business Park, Langford Locks, Kidlington, Oxfordshire, OX5 1GL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance method
Computer equipment
33.33% Straight line method
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
76,075 
- 
76,075 
Additions
7,677 
750 
8,427 
At 31 December 2024
83,752 
750 
84,502 
Depreciation
At 1 January 2024
13,543 
- 
13,543 
Charge for the year
17,188 
167 
17,355 
At 31 December 2024
30,731 
167 
30,898 
Net book value
At 31 December 2024
53,021 
583 
53,604 
At 31 December 2023
62,532 
- 
62,532 
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Technyma Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
702 
947 
Trade debtors
2,284 
- 
Accrued income and prepayments
3,775 
3,775 
Other debtors
9,060 
9,060 
15,821 
13,782 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
144 
15 
Loans from directors
147,348 
116,285 
147,492 
116,300 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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