T-Scape Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08556813 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2020

FOR

T-SCAPE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D A Baxter

P H Fitzgerald

I Moore

REGISTERED OFFICE:

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

REGISTERED NUMBER:

08556813 (England and Wales)

ACCOUNTANTS:

Segrave & Partners LLP

Chartered Accountants

Turnpike House

1208/1210 London Road

Leigh on Sea

Essex

SS9 2UA

FIXED ASSETS

Tangible assets

4

2,128

1,997

CURRENT ASSETS

Debtors

5

118,589

52,621

Cash at bank

241,562

299,979

360,151

352,600

CREDITORS

Amounts falling due within one year

6

73,450

197,613

NET CURRENT ASSETS

286,701

154,987

TOTAL ASSETS LESS CURRENT LIABILITIES

288,829

156,984

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

288,729

156,884

SHAREHOLDERS' FUNDS

288,829

156,984

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 25 March 2021 and were signed on its behalf by:

D A Baxter - Director

P H Fitzgerald - Director

I Moore - Director

1.	STATUTORY INFORMATION

T-Scape Limited is a private company, limited by shares , registered in England and Wales. The 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

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sale of services, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2019 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2019

2,996

Additions

1,695

At 30 June 2020

4,691

DEPRECIATION

At 1 July 2019

999

Charge for year

1,564

At 30 June 2020

2,563

NET BOOK VALUE

At 30 June 2020

2,128

At 30 June 2019

1,997

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

10,000

41,938

Tax

106,805

-

VAT

1,784

10,683

118,589

52,621

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade creditors

22,676

83,049

Tax

-

36,398

Other loan - The Corporate Action Partnership Ltd

440

440

Directors' current accounts

460

460

Other creditors and accruals

49,874

77,266

73,450

197,613

7.	RELATED PARTY DISCLOSURES

During the year under review the following transactions took place with related parties as follows;

D A Baxter & P H Fitzgerald - Services with a value of £121,968 (2019 - £99,993) excluding vat were supplied

by The Corporate Action Partnership Ltd the directors of which are shareholders and directors of T-Scape Ltd.

I S Moore - Services with a value of £65,809 (2019 - £44,036) excluding vat were supplied by Sequence

Software Limited the director of which is a shareholder and director of T-Scape Ltd.