Company Registration No. 04956507 (England and Wales)
Tod.com Limited
Unaudited accounts
for the year ended 31 December 2024
Tod.com Limited
Unaudited accounts
Contents
Tod.com Limited
Company Information
for the year ended 31 December 2024
Director
Andrew Stuart Risbey
Secretary
Elaine Josephine Risbey
Company Number
04956507 (England and Wales)
Registered Office
Unit 7
Highfield Business Park
Kearsley Road
Ripon
North Yorkshire
HG4 2RN
England
Accountants
Tarrens Accountants Limited
11 Wheatsheaf Close
Ripon
HG4 2SH
Tod.com Limited
Statement of financial position
as at 31 December 2024
Cash at bank and in hand
9,638
21,603
Creditors: amounts falling due within one year
(46,583)
(33,964)
Net current (liabilities)/assets
(8,348)
17,153
Total assets less current liabilities
(7,471)
17,698
Creditors: amounts falling due after more than one year
(9,062)
(18,762)
Provisions for liabilities
Net liabilities
(16,699)
(1,167)
Called up share capital
1
1
Profit and loss account
(16,700)
(1,168)
Shareholders' funds
(16,699)
(1,167)
For the year ending 31 December 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 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 31 October 2025 and were signed on its behalf by
Andrew Stuart Risbey
Director
Company Registration No. 04956507
Tod.com Limited
Notes to the Accounts
for the year ended 31 December 2024
Tod.com Limited is a private company, limited by shares, registered in England and Wales, registration number 04956507. The registered office is Unit 7, Highfield Business Park, Kearsley Road, Ripon, North Yorkshire, HG4 2RN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Fixtures & fittings
25% reducing balance
Expenditure on research and development is written off in the year it is incurred unless it meets the criteria to allow it to be capitalised. Costs of research are always written off in the year in which they are incurred. Where development costs are recognised as an asset, they are amortised over the period expected to benefit from them. Amortisation of the capitalised costs begins once the developed product comes into use, typically at rate of 33.33% straight line.
Tod.com Limited
Notes to the Accounts
for the year ended 31 December 2024
Taxation & Deferred taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or
deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit.
Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part
of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been
enacted or substantively enacted by the end of the reporting period.
Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
4
Intangible fixed assets
Other
Tod.com Limited
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings
At 31 December 2024
19,432
At 31 December 2024
18,555
Amounts falling due within one year
Trade debtors
24,598
25,515
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,501
Trade creditors
9,208
6,743
Taxes and social security
29,870
22,780
Loans from directors
(5,888)
(8,774)
8
Creditors: amounts falling due after more than one year
2024
2023
Tod.com Limited
Notes to the Accounts
for the year ended 31 December 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Advances and credits to directors
8,774
3,114
6,000
5,888
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).