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REGISTERED NUMBER: 08630143 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 July 2024

for

Tech to Door Limited

Tech to Door Limited (Registered number: 08630143)

Contents of the Financial Statements
for the Year Ended 31 July 2024










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


Tech to Door Limited

Company Information
for the Year Ended 31 July 2024







Directors: D M Scott
T J Scott





Registered office: The Elms
Fendyke Road
Firsby
Spilsby
Lincolnshire
PE23 5QJ





Registered number: 08630143 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Tech to Door Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Tech to Door Limited for the year ended 31 July 2024 which comprise the Statement of income and retained earnings, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Tech to Door Limited, as a body, in accordance with the terms of our engagement letter dated 11 May 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Tech to Door Limited and state those matters that we have agreed to state to the Board of Directors of Tech to Door Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tech to Door Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Tech to Door Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Tech to Door Limited. You consider that Tech to Door Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Tech to Door Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


22 April 2025

Tech to Door Limited (Registered number: 08630143)

Statement of Financial Position
31 July 2024

2024 2023
Notes £    £    £   
Fixed assets
Tangible assets 5 12,332 14,809

Current assets
Stocks 157,000 202,000
Debtors 6 245,065 263,866
Cash at bank 2,852 3,644
404,917 469,510
Creditors
Amounts falling due within one year 7 162,289 142,275
Net current assets 242,628 327,235
Total assets less current liabilities 254,960 342,044

Creditors
Amounts falling due after more than one
year

8

(114,886

)

(170,100

)

Provisions for liabilities (1,587 ) (2,814 )
Net assets 138,487 169,130

Capital and reserves
Called up share capital 10 100 100
Retained earnings 138,387 169,030
Shareholders' funds 138,487 169,130

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

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

The directors acknowledge their 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.

Tech to Door Limited (Registered number: 08630143)

Statement of Financial Position - continued
31 July 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 April 2025 and were signed on its behalf by:





D M Scott - Director


Tech to Door Limited (Registered number: 08630143)

Notes to the Financial Statements
for the Year Ended 31 July 2024


1. Statutory information

Tech to Door 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated value, over their expected useful lives on the following bases:

Plant and machinery-20% reducing balance
Fixtures and fittings-20% reducing balance
Computer equipment-3 years straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Tech to Door Limited (Registered number: 08630143)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


3. Accounting policies - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. Employees and directors

The average number of employees during the year was 2 (2023 - 3 ) .

5. Tangible fixed assets
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
Cost
At 1 August 2023 10,022 10,342 2,545 22,909
Additions - 233 1,000 1,233
Disposals - - (916 ) (916 )
At 31 July 2024 10,022 10,575 2,629 23,226
Depreciation
At 1 August 2023 3,609 2,788 1,703 8,100
Charge for year 1,283 1,558 869 3,710
Eliminated on disposal - - (916 ) (916 )
At 31 July 2024 4,892 4,346 1,656 10,894
Net book value
At 31 July 2024 5,130 6,229 973 12,332
At 31 July 2023 6,413 7,554 842 14,809

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 1,434 5,867
Amounts owed by related companies 237,853 242,481
Other debtors 5,313 6,680
Corporation tax - 7,062
Prepayments and accrued income 465 1,776
245,065 263,866

Tech to Door Limited (Registered number: 08630143)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024


7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 46,039 42,521
Trade creditors 3,958 10,879
Amounts owed to related companies 54,235 -
Social security and other taxes 400 491
VAT 13,956 22,299
Other creditors 22,525 52,896
Directors' loan accounts 18,369 9,093
Accruals and deferred income 2,807 4,096
162,289 142,275

Included within bank loans and overdrafts is a Bounce Back loan payable over six years. Interest is chargeable twelve months after the loan being drawn. This loan is 100% government backed.

The remaining amounts within bank loans and overdrafts are secured on the assets of the company.

8. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans 114,886 170,100

Included within bank loans and overdrafts is a Bounce Back loan payable over six years. Interest is chargeable twelve months after the loan being drawn. This loan is 100% government backed.

The remaining amounts within bank loans and overdrafts are secured on the assets of the company. The amount repayable after five years is £20,094 (2023: £33,617).

9. Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 21,250 21,250
Between one and five years 3,542 24,792
24,792 46,042

10. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 shares £1 100 100

11. Directors' advances, credits and guarantees

One of the directors loan accounts was overdrawn for part of the year. The maximum overdrawn balance on this loan was £6,394. Advances to the director during the year totalled £25,876 and amounts repaid totalled £35,152. The director was owed £18,369 by the company at the year end (2023 £9,093).