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Company Registration No. 11528003 (England and Wales)
TISUGO LTD Unaudited accounts for the year ended 31 July 2024
TISUGO LTD Unaudited accounts Contents
Page
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TISUGO LTD Company Information for the year ended 31 July 2024
Director
Simon Johns
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
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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
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TISUGO LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
50,000 
50,000 
Current assets
Debtors
95,089 
49,807 
Cash at bank and in hand
2,823 
21,519 
97,912 
71,326 
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)
Net assets
3,794 
2 
Capital and reserves
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
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TISUGO LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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.
Investments
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 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,711 
3,827 
Trade debtors
87,328 
3,160 
Other debtors
6,050 
31,657 
95,089 
38,644 
Amounts falling due after more than one year
Accrued income and prepayments
- 
10,113 
Other debtors
- 
1,050 
- 
11,163 
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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 
Other creditors
9,026 
- 
Accruals
1,310 
1,380 
118,116 
90,158 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
26,002 
31,166 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Simon Johns
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).
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