Tokyo Technologies Ltd

Tokyo Technologies Ltd

TOKYO TECHNOLOGIES LTD - Company Information

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Company Registration No. 11508425 (England and Wales)
Tokyo Technologies Ltd Unaudited accounts for the year ended 31 March 2023
Tokyo Technologies Ltd Unaudited accounts Contents
Page
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Tokyo Technologies Ltd Company Information for the year ended 31 March 2023
Directors
Christopher Neil Evans Aaron Bimpson
Company Number
11508425 (England and Wales)
Registered Office
The Plaza 100 Old Hall Street Liverpool L3 9QJ
Accountants
VC Finance Ltd 3.02 The Plaza 100 Old Hall Street Liverpool L3 9QJ
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Tokyo Technologies Ltd Accountants' report
Accountants' report to the board of directors of Tokyo Technologies Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Tokyo Technologies Ltd for the year ended 31 March 2023 as set out on pages 5 - 6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Tokyo Technologies Ltd, as a body, in accordance with the terms of our engagement letter dated 12 January 2021. Our work has been undertaken solely to prepare for your approval the accounts of Tokyo Technologies Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tokyo Technologies Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Tokyo Technologies Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Tokyo Technologies Ltd. You consider that Tokyo Technologies Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Tokyo Technologies Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
VC Finance Ltd 3.02 The Plaza 100 Old Hall Street Liverpool L3 9QJ 18 May 2023
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Tokyo Technologies Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
86 
177 
Net current assets
86 
177 
Net assets
86 
177 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
84 
175 
Shareholders' funds
86 
177 
For the year ending 31 March 2023 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 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 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 of Directors and authorised for issue on 18 May 2023 and were signed on its behalf by
Christopher Neil Evans Director Company Registration No. 11508425
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Tokyo Technologies Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Tokyo Technologies Ltd is a private company, limited by shares, registered in England and Wales, registration number 11508425. The registered office is The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
4
Transactions with related parties
The Company received a loan from VC Finance Ltd, a copy of which C N Evans is a Director and Shareholder of in the sum of £20,000 during the year, this amount was repaid in full prior to the year end, no interest was charged or is payable on the loan (2022: nil).
5
Post balance sheet events
On 1st May 2023 a Group restructuring took place following the acquisition of 52.5% of shares in the Parent undertaking of the Company by the existing 47.5% shareholder. This is anticipated to have a positive impact on the financial status of this Company as certain trade and assets (and liabilities) were either hived across or novated from other Group members.
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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