Company registration number 11599142 (England and Wales)
TEISA LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024
PAGES FOR FILING WITH REGISTRAR
TEISA LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 OCTOBER 2024
31 October 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
2,586
2,471
Current assets
66,294
75,401
Creditors: amounts falling due within one year
(30,962)
(35,343)
Net current assets
35,332
40,058
Total assets less current liabilities
37,918
42,529
Creditors: amounts falling due after more than one year
(8,334)
(18,334)
Net assets
29,584
24,195
Capital and reserves
29,584
24,195
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
At the start of the year the company was owed £53,028 from its directors, Mr and Mrs Sams. Due to cash withdrawn by the directors during the year the amount owed to the company has increased. The maximum amount overdrawn during the year was £85,759. The balance outstanding at the end of the year was £54,151. This loan is interest free and repayable on demand.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Teisa Limited is a private company limited by shares incorporated in England and Wales. The registered office is 5 Henson Close, South Church Enterprise Park, Bishop Auckland, United Kingdom, DL14 6WA.
For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
TEISA LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 OCTOBER 2024
31 October 2024
- 2 -
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 11 June 2025 and are signed on its behalf by:
Mr G Sams
Director
Company registration number 11599142 (England and Wales)