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Registered Number: 14278503


 

 

 

TECH2BRIGHT LTD


Abridged Accounts
 


Period of accounts

Start date: 01 September 2023

End date: 28 February 2025
 
 
Notes
 
2025
£
  2023
£
Fixed assets      
Tangible fixed assets 4 856   
856   
Current assets      
Debtors 10,876   
Cash at bank and in hand 7,274    22,192 
18,150    22,192 
Creditors: amount falling due within one year (18,579)   (21,201)
Net current assets (429)   991 
 
Total assets less current liabilities 427    991 
Net assets 427    991 
 

Capital and reserves
     
Called up share capital 5 100    100 
Profit and loss account 327    891 
Shareholders' funds 427    991 
 


For the period ended 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 24 April 2025 and were signed by:


-------------------------------
Mr SHRIRAM RAGHUNATHAN
Director
1
General Information
TECH2BRIGHT LTD is a private company, limited by shares, registered in , registration number 14278503, registration address 3 Church Court, 132 Church Road, Earley, READING, RG6 1HR.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 3 Straight Line
2.

Staff Costs

2025
£
  2023
£
Wages and salaries 26,456    33,800 
Social security costs 643   
Other staff costs 7   
27,106    33,800 

3.

Average number of employees


Average number of employees during the period was 2 (2023 : 2).
4.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 September 2023  
Additions 999    999 
Disposals  
At 28 February 2025 999    999 
Depreciation
At 01 September 2023  
Charge for period 143    143 
On disposals  
At 28 February 2025 143    143 
Net book values
Closing balance as at 28 February 2025 856    856 
Opening balance as at 01 September 2023  


5.

Share Capital

Allotted, called up and fully paid
2025
£
  2023
£
100 Class A shares of £1.00 each 100    100 
100    100 

2