Company Registration No. 07353630 (England and Wales)
Tier1 Generations Ltd
Unaudited accounts
for the year ended 31 August 2025
Tier1 Generations Ltd
Unaudited accounts
Contents
Tier1 Generations Ltd
Company Information
for the year ended 31 August 2025
Company Number
07353630 (England and Wales)
Registered Office
IMPERIAL OFFICES
2 HEIGHAM ROAD
LONDON
E6 2JG
Accountants
The Tax Bee Accounting Solutions Ltd
12
Henry Walk
Dartford
DA1 5UZ
Tier1 Generations Ltd
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
212,587
341,330
Creditors: amounts falling due within one year
(334,046)
(458,966)
Net current liabilities
(97,471)
(93,648)
Net liabilities
(97,471)
(93,648)
Called up share capital
1,000
1,000
Profit and loss account
(98,471)
(94,648)
Shareholders' funds
(97,471)
(93,648)
For the year ending 31 August 2025 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 May 2026 and were signed on its behalf by
Mrs Deepti Menon
Director
Company Registration No. 07353630
Tier1 Generations Ltd
Notes to the Accounts
for the year ended 31 August 2025
Tier1 Generations Ltd is a private company, limited by shares, registered in England and Wales, registration number 07353630. The registered office is IMPERIAL OFFICES, 2 HEIGHAM ROAD, LONDON, E6 2JG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 August 2025 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
5 years SLM
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
23,988
23,988
Tier1 Generations Ltd
Notes to the Accounts
for the year ended 31 August 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,147
11,342
Trade creditors
69,594
206,099
Taxes and social security
1,824
270
Other creditors
5,007
5,007
Loans from directors
231,340
231,340
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Average number of employees
During the year the average number of employees was 0 (2024: 0).