Tech Era Limited - Accounts

Registered Number: 08919946 Tech Era Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	2,462	674
		2,462	674
Current assets
Debtors	4	38,711	9,360
Cash at bank and in hand		45,729	15,854
		84,440	25,214
Creditors: amount falling due within one year	5	(59,258)	(28,835)
Net current assets		25,182	(3,621)

Total assets less current liabilities		27,644	(2,947)
Creditors: amount falling due after more than one year	6	(7,571)	(13,893)
Provisions for liabilities	7	0	0
Net assets		20,073	(16,840)

Capital and reserves
Called up share capital		100	100
Profit and loss account		19,973	(16,940)
Shareholders' funds		20,073	(16,840)

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 18 June 2025 and were signed on its behalf by:

-------------------------------
Ravi Balley
Director

Tech Era Limited
Notes to the Financial Statements
For the year ended 31 March 2025

General Information

Tech Era Limited is a private company, limited by shares, registered in England and Wales, registration number 08919946, registration address 103 Coley Avenue, Reading, RG1 6FL.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the statement of financial position date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the income statement.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	25% Reducing Balance
Computer Equipment	33% Straight Line

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

Tangible fixed assets

Cost or valuation	Fixtures and Fittings	Computer Equipment	Total
	£	£	£
At 01 April 2024	1,321	3,139	4,460
Additions	699	1,858	2,557
Disposals	-	-	-
At 31 March 2025	2,020	4,997	7,017
Depreciation
At 01 April 2024	903	2,883	3,786
Charge for year	196	573	769
On disposals	-	-	-
At 31 March 2025	1,099	3,456	4,555
Net book values
Closing balance as at 31 March 2025	921	1,541	2,462
Opening balance as at 01 April 2024	418	256	674

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	25,180	9,360
Other Debtors	13,531	0
	38,711	9,360

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	129	0
Taxation and Social Security	14,507	1,559
Other Creditors	44,622	27,276
	59,258	28,835

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	7,571		13,893
	7,571		13,893

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	0		202
Charged to Profit & Loss	0		(202)
	0		0

Registered Number: 08919946
England and Wales
TECH ERA LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 April 2024 End date: 31 March 2025