Touchstone Mastertechs Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3

Registered number: 10576091

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets			-		17,422

			-		17,422
CURRENT ASSETS
Debtors		-		329,553
Cash at bank and in hand		100		2,613

		100		332,166
Creditors: Amounts Falling Due Within One Year		-		(141,184 )

NET CURRENT ASSETS (LIABILITIES)			100		190,982

TOTAL ASSETS LESS CURRENT LIABILITIES			100		208,404

Creditors: Amounts Falling Due After More Than One Year			-		(37,228 )

NET ASSETS			100		171,176

CAPITAL AND RESERVES
Called up share capital			100		100
Other reserves			-		(27,015 )
Income Statement			-		198,091

SHAREHOLDERS' FUNDS			100		171,176

Page 1

Page 2

Touchstone Mastertechs Limited

Statement of Financial Position (continued)

As At 31 January 2024

For the year ending 31 January 2024 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Ben Mathew

Director

30/10/2025

The notes on page 3 form part of these financial statements.

1. General Information

Touchstone Mastertechs Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10576091 . The registered office is 34 The Greenway, Mill End, Rickmansworth, WD3 8HU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	4 Years
Fixtures & Fittings	4 Years
Computer Equipment	4 Years

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2023: 2)

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