1 April 2024 false No description of principal activity Taxfiler 2024.6 05368524business:PrivateLimitedCompanyLtd2024-04-012025-03-31 053685242024-03-31 053685242024-04-012025-03-31 05368524business:AuditExemptWithAccountantsReport2024-04-012025-03-31 05368524business:FilletedAccounts2024-04-012025-03-31 053685242025-03-31 053685242024-03-31 05368524core:WithinOneYear2025-03-31 05368524core:WithinOneYear2024-03-31 05368524core:AfterOneYear2025-03-31 05368524core:AfterOneYear2024-03-31 05368524core:ShareCapitalcore:PreviouslyStatedAmount2025-03-31 05368524core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 05368524core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-03-31 05368524core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 05368524core:PreviouslyStatedAmount2025-03-31 05368524core:PreviouslyStatedAmount2024-03-31 05368524business:SmallEntities2024-04-012025-03-31 05368524business:Director12024-04-012025-03-31 05368524countries:EnglandWales2024-04-012025-03-31 05368524business:RegisteredOffice2024-04-012025-03-31 05368524core:ComputerEquipment2024-04-012025-03-31 05368524core:ComputerEquipment2024-03-31 05368524core:ComputerEquipment2025-03-31 05368524business:OrdinaryShareClass12024-04-012025-03-31 05368524business:OrdinaryShareClass12023-04-012024-03-31 053685242023-04-012024-03-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 05368524 (England and Wales)
2Ti Limited Unaudited accounts for the year ended 31 March 2025
2Ti Limited Unaudited accounts Contents
Page
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2Ti Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,317 
4,749 
Current assets
Debtors
28,052 
36,128 
Cash at bank and in hand
10,230 
2,376 
38,282 
38,504 
Creditors: amounts falling due within one year
(50,075)
(39,166)
Net current liabilities
(11,793)
(662)
Total assets less current liabilities
(4,476)
4,087 
Creditors: amounts falling due after more than one year
(3,400)
(6,800)
Net liabilities
(7,876)
(2,713)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(7,976)
(2,813)
Shareholders' funds
(7,876)
(2,713)
For the year ending 31 March 2025 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 6 May 2025 and were signed on its behalf by
Mr A Davies Director Company Registration No. 05368524
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2Ti Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
2Ti Limited is a private company, limited by shares, registered in England and Wales, registration number 05368524. The registered office is 20 OLD KILN LANE, HEATON, BOLTON, LANCASHIRE, BL1 5PD.
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.
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:
Computer equipment
33.3%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2024
46,812 
Additions
6,227 
At 31 March 2025
53,039 
Depreciation
At 1 April 2024
42,063 
Charge for the year
3,659 
At 31 March 2025
45,722 
Net book value
At 31 March 2025
7,317 
At 31 March 2024
4,749 
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2Ti Limited Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,464 
12,540 
Other debtors
23,588 
23,588 
28,052 
36,128 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
3,400 
3,400 
Trade creditors
14,636 
12,355 
Taxes and social security
1,865 
3,784 
Other creditors
559 
523 
Loans from directors
29,615 
19,104 
50,075 
39,166 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
3,400 
6,800 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
The company owes £29,625 (2024 £19,104) to Mr A Davies, Director
10
Average number of employees
During the year the average number of employees was 2 (2024: 1).
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