REGISTERED NUMBER: 04093237 (England and Wales)

TIBERONE TECHNOLOGIES LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr P Hogan

REGISTERED OFFICE:

1 Brookmans Avenue

Brookmans Park

Hatfield

Hertfordshire

AL9 7QH

BUSINESS ADDRESS:

Parkshot House

5 Kew Road

Richmond

TW9 2PR`

REGISTERED NUMBER:

04093237 (England and Wales)

ACCOUNTANTS:

P G ASSOCIATES

Accountants

1 Brookmans Avenue

Brookmans Park

Hatfield

Hertfordshire

AL9 7QH

FIXED ASSETS

Property, plant and equipment

4

3,730

4,973

Investments

5

181,891

-

185,621

4,973

CURRENT ASSETS

Debtors

6

606,437

386,927

Cash at bank

-

29,459

606,437

416,386

CREDITORS

Amounts falling due within one year

7

574,406

227,966

NET CURRENT ASSETS

32,031

188,420

TOTAL ASSETS LESS CURRENT LIABILITIES

217,652

193,393

CREDITORS

Amounts falling due after more than one year

8

194,123

160,508

NET ASSETS

23,529

32,885

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

23,429

32,785

SHAREHOLDERS' FUNDS

23,529

32,885

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

Mr P Hogan - Director

1.	STATUTORY INFORMATION

Tiberone Technologies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 5 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

149,585

DEPRECIATION

At 1 January 2024

144,612

Charge for year

1,243

At 31 December 2024

145,855

NET BOOK VALUE

At 31 December 2024

3,730

At 31 December 2023

4,973

5.	FIXED ASSET INVESTMENTS

Other

loans

£

New in year

181,891

At 31 December 2024

181,891

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

260,667

54,075

Other debtors

345,770

332,852

606,437

386,927

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

9,869

-

Trade creditors

(1

)

(1

)

Taxation and social security

407,489

72,953

Other creditors

157,049

155,014

574,406

227,966

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

-

30,833

Other creditors

194,123

129,675

194,123

160,508

9.	POST BALANCE SHEET EVENTS

As with most businesses, we have been impacted by the Coronavirus (Covid 19). This has had an impact on our operations, customers, suppliers and staff. We have (where appropriate) utilised the grants and benefits available from the Government and are taking all the steps we can to protect the future of our business.Although the total impact is far less uncertain, the director believes that it is still appropriate to prepare the accounts on a going concern basis. During 2021 the company took advantage of both a bounce Back Loan and a Business Interruption Loan totalling £300,000 .