Company Registration No. 11528003 (England and Wales)
TISUGO LTD
Unaudited accounts
for the year ended 31 July 2024
TISUGO LTD
Unaudited accounts
Contents
TISUGO LTD
Company Information
for the year ended 31 July 2024
Company Number
11528003 (England and Wales)
Registered Office
New Station House
Bryn Road
Bridgend
CF32 9LA
United Kingtom
Accountants
Evans Entwistle
Villa House
7 Herbert Terrace
Penarth
Vale of Glamorgan
CF64 2AH
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
TISUGO LTD
for the year ended 31 July 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of TISUGO LTD for the year ended 31 July 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Member in Practice
Villa House
7 Herbert Terrace
Penarth
Vale of Glamorgan
CF64 2AH
11 February 2025
TISUGO LTD
Statement of financial position
as at 31 July 2024
Cash at bank and in hand
2,823
21,519
Creditors: amounts falling due within one year
(118,116)
(90,158)
Net current liabilities
(20,204)
(18,832)
Total assets less current liabilities
29,796
31,168
Creditors: amounts falling due after more than one year
(26,002)
(31,166)
Called up share capital
1
1
Profit and loss account
3,793
1
Shareholders' funds
3,794
2
For the year ending 31 July 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 11 February 2025 and were signed on its behalf by
Simon Johns
Director
Company Registration No. 11528003
TISUGO LTD
Notes to the Accounts
for the year ended 31 July 2024
TISUGO LTD is a private company, limited by shares, registered in England and Wales, registration number 11528003. The registered office is New Station House, Bryn Road, Bridgend, CF32 9LA, United Kingtom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investments in shares are included at fair value.
4
Investments
Other investments
Valuation at 1 August 2023
50,000
Valuation at 31 July 2024
50,000
Amounts falling due within one year
Trade debtors
87,328
3,160
Other debtors
6,050
31,657
Amounts falling due after more than one year
Accrued income and prepayments
-
10,113
TISUGO LTD
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,669
6,784
Trade creditors
3,702
8,233
Taxes and social security
93,409
73,761
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
General Loan Outstanding
31,657
73,948
100,605
5,000
31,657
73,948
100,605
5,000
The balance represents an interest free loan that is repayable to the company upon demand.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).