1 April 2024 false Taxfiler 2024.6 13278111 business:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13278111 2024-03-31 13278111 2024-04-01 2025-03-31 13278111 business:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13278111 business:FilletedAccounts 2024-04-01 2025-03-31 13278111 2025-03-31 13278111 business:Director1 2024-04-01 2025-03-31 13278111 business:RegisteredOffice 2024-04-01 2025-03-31 13278111 2024-03-31 13278111 core:WithinOneYear 2025-03-31 13278111 core:WithinOneYear 2024-03-31 13278111 core:ShareCapital core:PreviouslyStatedAmount 2025-03-31 13278111 core:ShareCapital core:PreviouslyStatedAmount 2024-03-31 13278111 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-03-31 13278111 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-03-31 13278111 core:PreviouslyStatedAmount 2025-03-31 13278111 core:PreviouslyStatedAmount 2024-03-31 13278111 business:SmallEntities 2024-04-01 2025-03-31 13278111 countries:EnglandWales 2024-04-01 2025-03-31 13278111 core:ComputerEquipment 2024-04-01 2025-03-31 13278111 core:ComputerEquipment 2024-03-31 13278111 core:ComputerEquipment 2025-03-31 13278111 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure
Company Registration No. 13278111 (England and Wales)
Toronto House Ltd Unaudited accounts for the year ended 31 March 2025
Toronto House Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Toronto House Ltd Company Information for the year ended 31 March 2025
Director
Charles Tosan
Company Number
13278111 (England and Wales)
Registered Office
71-75 Shelton Street London Greater London WC2H 9JQ United Kingdom
Accountants
Omar Ahmed (ACA) Aqua Accounting Ltd 5 Whittington Grove Newcastle upon Tyne NE5 2QP
- 3 -
Toronto House Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Current assets
Debtors
5
500
-
Cash at bank and in hand
4,337
4,165
4,837
4,165
Creditors: amounts falling due within one year
6
(4,547)
(3,857)
Net current assets
290
308
Net assets
290
308
Capital and reserves
Called up share capital
1
-
Profit and loss account
289
308
Shareholders' funds
290
308
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 25 May 2025 and were signed on its behalf by
Charles Tosan Director Company Registration No. 13278111
- 4 -
Toronto House Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Toronto House Ltd is a private company, limited by shares, registered in England and Wales, registration number 13278111. The registered office is 71-75 Shelton Street, London, Greater London, WC2H 9JQ, United Kingdom.
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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
50% Straight line
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
1,269
At 31 March 2025
1,269
Depreciation
At 1 April 2024
1,269
At 31 March 2025
1,269
Net book value
At 31 March 2025
-
- 5 -
Toronto House Ltd Notes to the Accounts for the year ended 31 March 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
500
-
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
3,092
2,205
Other creditors
1,455
1,652
4,547
3,857
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).
- 6 -