Tupelo Technology Ltd

Tupelo Technology Ltd

TUPELO TECHNOLOGY LTD - Company Information

Print Friendly Version

1 April 2019 false No description of principal activity Taxfiler 2020.12 03395429business:PrivateLimitedCompanyLtd2019-04-012020-03-31 033954292019-03-31 033954292019-04-012020-03-31 03395429business:AuditExempt-NoAccountantsReport2019-04-012020-03-31 03395429business:FullAccounts2019-04-012020-03-31 033954292020-03-31 03395429business:Director12019-04-012020-03-31 03395429business:RegisteredOffice2019-04-012020-03-31 033954292019-03-31 03395429core:WithinOneYear2020-03-31 03395429core:WithinOneYear2019-03-31 03395429core:AfterOneYear2020-03-31 03395429core:AfterOneYear2019-03-31 03395429core:ShareCapital2020-03-31 03395429core:ShareCapital2019-03-31 03395429core:RetainedEarningsAccumulatedLosses2020-03-31 03395429core:RetainedEarningsAccumulatedLosses2019-03-31 03395429business:SmallEntities2019-04-012020-03-31 03395429countries:EnglandWales2019-04-012020-03-31 03395429core:PlantMachinery2019-04-012020-03-31 03395429core:PlantMachinery2019-03-31 03395429core:PlantMachinery2020-03-31 033954292018-04-012019-03-31 iso4217:GBP xbrli:pure
Company Registration No. 03395429 (England and Wales)
Tupelo Technology Ltd Unaudited accounts for the year ended 31 March 2020
Tupelo Technology Ltd Unaudited accounts Contents
Page
- 2 -
Tupelo Technology Ltd Company Information for the year ended 31 March 2020
Director
Michael Albert White
Company Number
03395429 (England and Wales)
Registered Office
KEMP HOUSE 152-160 CITY ROAD LONDON EC1V 2NX ENGLAND
- 3 -
Tupelo Technology Ltd Statement of financial position as at 31 March 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
16,568 
22,091 
Current assets
Debtors
5
29,858 
101,916 
Cash at bank and in hand
38,174 
23,235 
68,032 
125,151 
Creditors: amounts falling due within one year
6
(32,480)
(88,497)
Net current assets
35,552 
36,654 
Total assets less current liabilities
52,120 
58,745 
Creditors: amounts falling due after more than one year
7
(35,000)
(54,482)
Net assets
17,120 
4,263 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
17,118 
4,261 
Shareholders' funds
17,120 
4,263 
For the year ending 31 March 2020 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 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 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 9 October 2020 and were signed on its behalf by
Michael Albert White Director Company Registration No. 03395429
- 4 -
Tupelo Technology Ltd Notes to the Accounts for the year ended 31 March 2020
1
Statutory information
Tupelo Technology Ltd is a private company, limited by shares, registered in England and Wales, registration number 03395429. The registered office is KEMP HOUSE, 152-160 CITY ROAD, LONDON, EC1V 2NX, ENGLAND.
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.
3
Accounting policies
These financial statements for the year ended 31 March 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2018. 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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2019
77,154 
At 31 March 2020
77,154 
Depreciation
At 1 April 2019
55,063 
Charge for the year
5,523 
At 31 March 2020
60,586 
Net book value
At 31 March 2020
16,568 
At 31 March 2019
22,091 
- 5 -
Tupelo Technology Ltd Notes to the Accounts for the year ended 31 March 2020
5
Debtors
2020 
2019 
£ 
£ 
Trade debtors
29,858 
101,916 
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
42,214 
- 
Taxes and social security
(11,182)
- 
Other creditors
1,448 
12,648 
Loans from directors
- 
75,849 
32,480 
88,497 
7
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Trade creditors
- 
57,899 
Other creditors
35,000 
(3,417)
35,000 
54,482 
8
Average number of employees
During the year the average number of employees was 2 (2019: 2).
- 6 -