TOT Technologies Limited

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

Registered number: SC635832

		2023		2022
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		40,985		58,550

			40,985		58,550
CURRENT ASSETS
Stocks	5	-		5
Debtors	6	4,669		4,357
Cash at bank and in hand		-		4,435

		4,669		8,797
Creditors: Amounts Falling Due Within One Year	7	(28,189 )		(27,253 )

NET CURRENT ASSETS (LIABILITIES)			(23,520 )		(18,456 )

TOTAL ASSETS LESS CURRENT LIABILITIES			17,465		40,094

Creditors: Amounts Falling Due After More Than One Year	8		(34,850 )		(36,933 )

NET (LIABILITIES)/ASSETS			(17,385 )		3,161

CAPITAL AND RESERVES
Called up share capital	9		1,425		1,425
Share premium account			73,575		73,575
Profit and Loss Account			(92,385 )		(71,839 )

SHAREHOLDERS' FUNDS			(17,385)		3,161

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TOT Technologies Limited

Balance Sheet (continued)

As At 31 December 2023

For the year ending 31 December 2023 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

06/05/2026

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 (2022: NIL)

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TOT Technologies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2023

4. Tangible Assets

	Software
	£
Cost
As at 1 January 2023	137,618

As at 31 December 2023	137,618

Depreciation
As at 1 January 2023	79,068
Provided during the period	17,565

As at 31 December 2023	96,633

Net Book Value
As at 31 December 2023	40,985

As at 1 January 2023	58,550

5. Stocks

	2023	2022
	£	£
Stock	-	5

6. Debtors

	2023	2022
	£	£
Due within one year
Other debtors	4,669	4,357

7. Creditors: Amounts Falling Due Within One Year

	2023	2022
	£	£
Trade creditors	1	-
Bank loans and overdrafts	5,135	5,000
Other loans	570	570
Other creditors	22,483	21,683

	28,189	27,253

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TOT Technologies Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2023

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

	2023	2022
	£	£
Bank loans	34,850	36,933

9. Share Capital

	2023	2022
	£	£
Allotted, Called up and fully paid	1,425	1,425

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