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Company Registration No. 09291777 (England and Wales)
Tetraspace Limited Unaudited accounts for the year ended 30 November 2024
Tetraspace Limited Unaudited accounts Contents
Page
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Tetraspace Limited Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,058 
1,635 
Current assets
Debtors
179,244 
39,449 
Cash at bank and in hand
(7,126)
(7,139)
172,118 
32,310 
Creditors: amounts falling due within one year
(304,832)
(200,124)
Net current liabilities
(132,714)
(167,814)
Total assets less current liabilities
(130,656)
(166,179)
Creditors: amounts falling due after more than one year
(36,492)
(43,090)
Net liabilities
(167,148)
(209,269)
Capital and reserves
Called up share capital
100 
100 
Share premium
(19,300)
(19,300)
Profit and loss account
(147,948)
(190,069)
Shareholders' funds
(167,148)
(209,269)
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 7 May 2025 and were signed on its behalf by
Ashraf U Choudhury Director Company Registration No. 09291777
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Tetraspace Limited Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Tetraspace Limited is a private company, limited by shares, registered in England and Wales, registration number 09291777. The registered office is KUTCHENHAUS, 46-48 OXFORD STREET, HIGH WYCOMBE, BUCKINGHAMSHIRE, HP11 2XG, 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.
3
Accounting policies
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
Fixtures & fittings
33% SL
Computer equipment
33% SL
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
27,891 
3,315 
31,206 
Additions
1,000 
1,577 
2,577 
At 30 November 2024
28,891 
4,892 
33,783 
Depreciation
At 1 December 2023
27,211 
2,360 
29,571 
Charge for the year
673 
1,481 
2,154 
At 30 November 2024
27,884 
3,841 
31,725 
Net book value
At 30 November 2024
1,007 
1,051 
2,058 
At 30 November 2023
680 
955 
1,635 
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Tetraspace Limited Notes to the Accounts for the year ended 30 November 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
161,377 
29,449 
Accrued income and prepayments
7,867 
- 
Other debtors
10,000 
10,000 
179,244 
39,449 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
47,788 
21,570 
Taxes and social security
2,135 
2,854 
Other creditors
7,614 
3,674 
Loans from directors
245,095 
169,826 
Accruals
2,200 
2,200 
304,832 
200,124 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
36,492 
43,090 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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