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Company Registration No. 09942977 (England and Wales)
TECH VICINITY LTD. Unaudited accounts for the year ended 31 January 2025
TECH VICINITY LTD. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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TECH VICINITY LTD. Company Information for the year ended 31 January 2025
Director
Mrs. Fizza Taskeen
Company Number
09942977 (England and Wales)
Registered Office
21A GLOUCESTER GARDENS SUTTON SM1 3EY ENGLAND
Accountants
Pertax Accountancy Ltd Quatro House Frimley Road Camberley GU16 7ER
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TECH VICINITY LTD. Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,353
1,691
Current assets
Debtors
5
-
10,124
Cash at bank and in hand
7,516
16,133
7,516
26,257
Creditors: amounts falling due within one year
6
(16,297)
(15,805)
Net current (liabilities)/assets
(8,781)
10,452
Total assets less current liabilities
(7,428)
12,143
Creditors: amounts falling due after more than one year
7
(4,742)
(10,929)
Net (liabilities)/assets
(12,170)
1,214
Capital and reserves
Called up share capital
1
1
Profit and loss account
(12,171)
1,213
Shareholders' funds
(12,170)
1,214
For the year ending 31 January 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 her 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 13 October 2025 and were signed on its behalf by
Mrs. Fizza Taskeen Director Company Registration No. 09942977
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TECH VICINITY LTD. Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
TECH VICINITY LTD. is a private company, limited by shares, registered in England and Wales, registration number 09942977. The registered office is 21A GLOUCESTER GARDENS, SUTTON, SM1 3EY, 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.
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.
Going concern
These financial statements have been prepared on the going concern basis. The directors recognise the current financial challenges faced by the company but have confirmed their commitment to provide the necessary financial support to ensure the company can meet its liabilities as they arise and continue operations for the foreseeable future.
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.
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
20
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 February 2024
2,617
At 31 January 2025
2,617
Depreciation
At 1 February 2024
926
Charge for the year
338
At 31 January 2025
1,264
Net book value
At 31 January 2025
1,353
At 31 January 2024
1,691
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TECH VICINITY LTD. Notes to the Accounts for the year ended 31 January 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
-
9,950
Other debtors
-
174
-
10,124
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
6,186
6,034
VAT
1,107
395
Taxes and social security
240
467
Other creditors
800
2,000
Loans from directors
6,764
5,909
Accruals
1,200
1,000
16,297
15,805
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
4,742
10,929
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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