Company Registration No. 09291777 (England and Wales)
Tetraspace Limited
Unaudited accounts
for the year ended 30 November 2024
Tetraspace Limited
Unaudited accounts
Contents
Tetraspace Limited
Statement of financial position
as at 30 November 2024
Tangible assets
2,058
1,635
Cash at bank and in hand
(7,126)
(7,139)
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)
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
Tetraspace Limited
Notes to the Accounts
for the year ended 30 November 2024
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.
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.
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:
Fixtures & fittings
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
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
At 30 November 2024
1,007
1,051
2,058
At 30 November 2023
680
955
1,635
Tetraspace Limited
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Trade debtors
161,377
29,449
Accrued income and prepayments
7,867
-
Other debtors
10,000
10,000
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,135
2,854
Other creditors
7,614
3,674
Loans from directors
245,095
169,826
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).