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

REGISTERED NUMBER: 08556813 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2022

FOR

T-SCAPE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D A Baxter

P H Fitzgerald

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

2,533

1,856

CURRENT ASSETS

Debtors

5

172,297

1,734

Cash at bank

110,073

345,993

282,370

347,727

CREDITORS

Amounts falling due within one year

6

14,141

59,786

NET CURRENT ASSETS

268,229

287,941

TOTAL ASSETS LESS CURRENT LIABILITIES

270,762

289,797

CREDITORS

Amounts falling due after more than one year

7

104,149

114,000

NET ASSETS

166,613

175,797

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

166,513

175,697

SHAREHOLDERS' FUNDS

166,613

175,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 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 1 March 2023 and were signed on its behalf by:

D A Baxter - Director

P H Fitzgerald - 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 2 (2021 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2021

6,627

Additions

2,830

At 30 June 2022

9,457

DEPRECIATION

At 1 July 2021

4,771

Charge for year

2,153

At 30 June 2022

6,924

NET BOOK VALUE

At 30 June 2022

2,533

At 30 June 2021

1,856

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

165,362

-

VAT

6,935

1,734

172,297

1,734

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Tax

-

11,257

Other loan - TCAP Ltd

440

440

Directors' current accounts

460

460

Other creditors and accruals

13,241

47,629

14,141

59,786

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Other loans - 2-5 years

104,149

114,000

8.	RELATED PARTY DISCLOSURES

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

D A Baxter & P H Fitzgerald - Services with a value of £253,056 (2021 - £155,232) 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 £11,088 (2021 - £77,616) excluding vat were supplied by Sequence Software Limited the director of which is a shareholder of T-Scape Ltd.