Company Registration No. 10518250 (England and Wales)
Tosol Ltd
Unaudited accounts
for the year ended 31 December 2024
Tosol Ltd
Unaudited accounts
Contents
Tosol Ltd
Company Information
for the year ended 31 December 2024
Company Number
10518250 (England and Wales)
Registered Office
45 Etnam Street
Leominster
HR6 8AE
England
Accountants
Armstrong Rogers & Co
45 Etnam Street
Leominster
Herefordshire
HR6 8AE
Tosol Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
29,586
3,993
Cash at bank and in hand
63,623
50,244
Creditors: amounts falling due within one year
(28,248)
(25,120)
Net current assets
90,940
25,262
Total assets less current liabilities
120,526
29,255
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
114,667
28,396
Shareholders' funds
114,767
28,496
For the year ending 31 December 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 8 May 2025 and were signed on its behalf by
T G P Myatt Esq
Director
Company Registration No. 10518250
Tosol Ltd
Notes to the Accounts
for the year ended 31 December 2024
Tosol Ltd is a private company, limited by shares, registered in England and Wales, registration number 10518250. The registered office is 45 Etnam Street, Leominster, HR6 8AE, England.
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.
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
25% Reducing Balance Basis
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
-
6,351
6,351
Additions
30,998
4,454
35,452
At 31 December 2024
30,998
10,805
41,803
At 1 January 2024
-
2,358
2,358
Charge for the year
7,747
2,112
9,859
At 31 December 2024
7,747
4,470
12,217
At 31 December 2024
23,251
6,335
29,586
At 31 December 2023
-
3,993
3,993
Amounts falling due within one year
Accrued income and prepayments
438
138
Tosol Ltd
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
26,888
16,950
7
Deferred taxation
2024
2023
Accelerated capital allowances
5,759
759
Provision at start of year
759
105
Charged to the profit and loss account
5,000
654
Provision at end of year
5,759
759
Made up of accelerated capital allowances
8
Transactions with related parties
At 31 December 2024, Mr T.G.P. Myatt was owed £20 (2023: £7,390) in respect of his Directors Current Account.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).