IRIS Accounts Production v25.1.0.734 08416088 Board of Directors 1.2.24 31.1.25 31.1.25 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084160882024-01-31084160882025-01-31084160882024-02-012025-01-31084160882023-01-31084160882023-02-012024-01-31084160882024-01-3108416088ns15:EnglandWales2024-02-012025-01-3108416088ns14:Euro2024-02-012025-01-3108416088ns10:Director12024-02-012025-01-3108416088ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3108416088ns10:SmallEntities2024-02-012025-01-3108416088ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-3108416088ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3108416088ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3108416088ns10:FullAccounts2024-02-012025-01-3108416088ns5:CurrentFinancialInstruments2025-01-3108416088ns5:CurrentFinancialInstruments2024-01-3108416088ns5:ShareCapital2025-01-3108416088ns5:ShareCapital2024-01-3108416088ns5:RetainedEarningsAccumulatedLosses2025-01-3108416088ns5:RetainedEarningsAccumulatedLosses2024-01-3108416088ns10:RegisteredOffice2024-02-012025-01-3108416088ns5:FurnitureFittings2024-02-012025-01-3108416088ns5:ComputerEquipment2024-02-012025-01-3108416088ns5:FurnitureFittings2024-01-3108416088ns5:ComputerEquipment2024-01-3108416088ns5:FurnitureFittings2025-01-3108416088ns5:ComputerEquipment2025-01-3108416088ns5:FurnitureFittings2024-01-3108416088ns5:ComputerEquipment2024-01-3108416088ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3108416088ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31
REGISTERED NUMBER: 08416088 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Techio Limited

Techio Limited (Registered number: 08416088)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Techio Limited (Registered number: 08416088)

Statement of Financial Position
31 January 2025

31.1.25 31.1.24
Notes €    €    €   
FIXED ASSETS
Property, plant and equipment 4 626 951

CURRENT ASSETS
Debtors 5 8,419 5,844
Cash at bank 298,035 349,489
306,454 355,333
CREDITORS
Amounts falling due within one year 6 20,411 131,267
NET CURRENT ASSETS 286,043 224,066
TOTAL ASSETS LESS CURRENT
LIABILITIES

286,669

225,017

CAPITAL AND RESERVES
Called up share capital 128 128
Retained earnings 286,541 224,889
SHAREHOLDERS' FUNDS 286,669 225,017

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

Techio Limited (Registered number: 08416088)

Statement of Financial Position - continued
31 January 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2025 and were signed on its behalf by:





Mr Ilias Bellos - Director


Techio Limited (Registered number: 08416088)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Techio Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 08416088

Registered office: Wisteria Grange Barn
Pikes End
Pinner
London
HA5 2EX

The presentation currency of the financial statements is the Euro (€).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Revenue 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Techio Limited (Registered number: 08416088)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
and Computer
fittings equipment Totals
€    €    €   
COST
At 1 February 2024
and 31 January 2025 1,297 25,613 26,910
DEPRECIATION
At 1 February 2024 1,281 24,678 25,959
Charge for year 16 309 325
At 31 January 2025 1,297 24,987 26,284
NET BOOK VALUE
At 31 January 2025 - 626 626
At 31 January 2024 16 935 951

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
€    €   
Trade debtors 2,573 (138 )
Other debtors 5,846 5,982
8,419 5,844

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
€    €   
Trade creditors 8,193 4,369
Taxation and social security 2,259 16,939
Other creditors 9,959 109,959
20,411 131,267