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Registered number: 14141132
TheecomcOmpany Ltd
Unaudited Financial Statements
For The Year Ended 31 May 2025
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Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14141132
2025 2024
Notes £ £ £ £
CURRENT ASSETS
Debtors 4 1,793 1,789
Cash at bank and in hand 18,420 7,747
20,213 9,536
Creditors: Amounts Falling Due Within One Year 5 (67,832 ) (18,430 )
NET CURRENT ASSETS (LIABILITIES) (47,619 ) (8,894 )
TOTAL ASSETS LESS CURRENT LIABILITIES (47,619 ) (8,894 )
NET LIABILITIES (47,619 ) (8,894 )
CAPITAL AND RESERVES
Called up share capital 6 1 1
Profit and Loss Account (47,620 ) (8,895 )
SHAREHOLDERS' FUNDS (47,619) (8,894)
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
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 Profit and Loss Account.
On behalf of the board
Mr Mitchell Smy-Roach
Director
29/10/2025
The notes on pages 2 to 3 form part of these financial statements.
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Page 2
Notes to the Financial Statements
1. General Information
TheecomcOmpany Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14141132 . The registered office is 20-22 Wenlock Road, London, N1 7GU.
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Debtors
2025 2024
£ £
Due within one year
Other debtors 1,793 1,789
5. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals and deferred income 1,155 675
Director's loan account 66,677 17,755
67,832 18,430
6. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 1 1
Page 2
Page 3
7. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 June 2024 Amounts advanced Amounts repaid Amounts written off As at 31 May 2025
£ £ £ £ £
Mr Mitchell Smy-Roach (17,753 ) (52,202 ) 3,281 - (66,677 )
The above loan is unsecured, interest free and repayable on demand.
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