Torsion Information Security Limited - Accounts to registrar (filleted) - small 18.2
Torsion Information Security Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 January 2020 |
| for |
| Torsion Information Security Limited |
| Torsion Information Security Limited (Registered number: 09949449) |
| Contents of the Financial Statements |
| for the Year Ended 31 January 2020 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| Torsion Information Security Limited |
| Company Information |
| for the Year Ended 31 January 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Evolution House |
| Delft Way |
| Norwich Airport |
| Norwich |
| Norfolk |
| NR6 6BB |
| Torsion Information Security Limited (Registered number: 09949449) |
| Statement of Financial Position |
| 31 January 2020 |
| 31.1.20 | 31.1.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Property, plant and equipment | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Share premium | 8 |
| Retained earnings | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Torsion Information Security Limited (Registered number: 09949449) |
| Statement of Financial Position - continued |
| 31 January 2020 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on on its behalf by: |
| Torsion Information Security Limited (Registered number: 09949449) |
| Notes to the Financial Statements |
| for the Year Ended 31 January 2020 |
| 1. | STATUTORY INFORMATION |
| Torsion Information Security Limited is a |
| company's registered number and registered office address can be found on the Company Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value |
| added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less |
| any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Computer equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the |
| extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or |
| substantively enacted by the statement of financial position date. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension |
| scheme are charged to profit or loss in the period to which they relate. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Torsion Information Security Limited (Registered number: 09949449) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2020 |
| 4. | PROPERTY, PLANT AND EQUIPMENT |
| Computer |
| equipment |
| £ |
| COST |
| At 1 February 2019 |
| Additions |
| At 31 January 2020 |
| DEPRECIATION |
| At 1 February 2019 |
| Charge for year |
| At 31 January 2020 |
| NET BOOK VALUE |
| At 31 January 2020 |
| At 31 January 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.20 | 31.1.19 |
| £ | £ |
| VAT |
| Called up share capital not paid |
| Prepayments |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.20 | 31.1.19 |
| £ | £ |
| Trade creditors |
| Social security and other taxes |
| Net wages | 10,486 | - |
| Other creditors |
| Directors' current accounts | 5 | - |
| Deferred income |
| Accrued expenses |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.1.20 | 31.1.19 |
| value: | £ | £ |
| Ordinary | 1p | 191 | 175 |
| Torsion Information Security Limited (Registered number: 09949449) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 January 2020 |
| 7. | CALLED UP SHARE CAPITAL - continued |
| A total of 1610 Ordinary shares of 1p were issued during the year as follows: |
| 187 |
| 1,423 |
| 8. | RESERVES |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 1 February 2019 | ( |
) | 207,653 |
| Deficit for the year | ( |
) | ( |
) |
| Bonus share issue |
| At 31 January 2020 | ( |
) | 116,443 |
| 9. | ULTIMATE CONTROLLING PARTY |
| The ultimate controlling party is |