TSI Technology Limited - Period Ending 2020-05-31

TSI Technology Limited

Profit and Loss Account for the Period from 10 May 2019 to 31 May 2020

The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

TSI Technology Limited

(Registration number: 11989437)
Balance Sheet as at 31 May 2020

	Note	2020 £
Current assets
Cash at bank and in hand		99
Capital and reserves
Called up share capital	5	99
Shareholders' funds		99

For the financial period ending 31 May 2020 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 25 February 2021 and signed on its behalf by:
 

.........................................

Mr Iain Osborn
Director

TSI Technology Limited

Notes to the Unaudited Financial Statements for the Period from 10 May 2019 to 31 May 2020

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Suite 1 73D Main Street
East Leake
Loughborough
Leicestershire
LE12 6PF

These financial statements were authorised for issue by the Board on 25 February 2021.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the period, was 0.

4	Cash and cash equivalents

	2020 £
Cash on hand	99

5	Share capital

Allotted, called up and fully paid shares

TSI Technology Limited

Notes to the Unaudited Financial Statements for the Period from 10 May 2019 to 31 May 2020

	2020
	No.	£
Ordinary shares of £1 each	100	100