TOT Technologies Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: SC635832

		2022		2021
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		58,550		79,173

			58,550		79,173
CURRENT ASSETS
Stocks	5	5		752
Debtors	6	4,357		3,179
Cash at bank and in hand		4,435		17,237

		8,797		21,168
Creditors: Amounts Falling Due Within One Year	7	(27,253 )		(26,653 )

NET CURRENT ASSETS (LIABILITIES)			(18,456 )		(5,485 )

TOTAL ASSETS LESS CURRENT LIABILITIES			40,094		73,688

Creditors: Amounts Falling Due After More Than One Year	8		(36,933 )		(41,100 )

NET ASSETS			3,161		32,588

CAPITAL AND RESERVES
Called up share capital	9		1,425		1,425
Share premium account			73,575		73,575
Profit and Loss Account			(71,839 )		(42,412 )

SHAREHOLDERS' FUNDS			3,161		32,588

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TOT Technologies Limited

Balance Sheet (continued)

As At 31 December 2022

For the year ending 31 December 2022 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 Profit and Loss Account.

On behalf of the board

Mr Kenneth Bell

Director

08/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

TOT Technologies Limited is a private company, limited by shares, incorporated in Scotland, registered number SC635832 . The registered office is 5 South Charlotte Street, Edinburgh, EH2 4AN.

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:

Software

30% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2021: )

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TOT Technologies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2022

4. Tangible Assets

	Software
	£
Cost
As at 1 January 2022	133,148
Additions	4,470

As at 31 December 2022	137,618

Depreciation
As at 1 January 2022	53,975
Provided during the period	25,093

As at 31 December 2022	79,068

Net Book Value
As at 31 December 2022	58,550

As at 1 January 2022	79,173

5. Stocks

	2022	2021
	£	£
Stock	5	752

6. Debtors

	2022	2021
	£	£
Due within one year
Other debtors	4,357	3,179

7. Creditors: Amounts Falling Due Within One Year

	2022	2021
	£	£
Bank loans and overdrafts	5,000	5,000
Other loans	570	-
Other creditors	21,683	21,653

	27,253	26,653

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TOT Technologies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2022

8. Creditors: Amounts Falling Due After More Than One Year

	2022	2021
	£	£
Bank loans	36,933	41,100

9. Share Capital

	2022	2021
	£	£
Allotted, Called up and fully paid	1,425	1,425

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