Registered number
09169961
Tehill Global Solutions Limited
Filleted Accounts
for the year ended 31 August 2024
Tehill Global Solutions Limited
Registered number: 09169961
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 181 226
Current assets
Cash at bank and in hand 7,761 15,318
Creditors: amounts falling due within one year 4 (8,169) (2,186)
Net current (liabilities)/assets (408) 13,132
Total assets less current liabilities 15,773 13,358
Creditors: amounts falling due after more than one year 5 (8,573) (9,603)
Provisions for liabilities (145) (145)
Net assets 7,055 3,610
Capital and reserves
Called up share capital 1 1
Profit and loss account 7,054 3,609
Shareholder's funds 7,055 3,610
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Oluwamuyiwa Bamidele Olateju
Director
Approved by the board on 28 May 2025
Tehill Global Solutions Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Furniture,fixture & equipment 20% reducing balance
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 0
3 Tangible fixed assets
Furniture,fixture & equipment
£
Cost
At 1 September 2023 1,592
At 31 August 2024 1,592
Depreciation
At 1 September 2023 1,366
Charge for the year 45
At 31 August 2024 1,411
Net book value
At 31 August 2024 181
At 31 August 2023 226
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 4,310 -
Taxation and social security costs 520 (2)
Other creditors 3,339 2,188
8,169 2,186
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 8,573 9,603
6 Other information
Tehill Global Solutions Limited is a private company limited by shares and incorporated in England. Its registered office is:
27 Canal Road
Strood
Rochester
Kent
ME2 4DR
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