Technofoil Ltd - Period Ending 2021-12-31
Technofoil Ltd - Period Ending 2021-12-31
Registration number:
Technofoil Ltd
for the Year Ended 31 December 2021
Technofoil Ltd
Contents
Company Information |
|
Balance Sheet |
|
Notes to the Unaudited Financial Statements |
Technofoil Ltd
Company Information
Directors |
Dr M Mannan M Mannan |
Registered office |
|
Accountants |
|
Technofoil Ltd
(Registration number: 03743273)
Balance Sheet as at 31 December 2021
2021 |
2020 |
|
Current assets |
|
|
Creditors: Amounts falling due within one year |
( |
( |
( |
( |
|
Capital and reserves |
( |
( |
General information |
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
These financial statements were authorised for issue by the
Basis of preparation
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'.
The financial statements have been prepared on a going concern basis. The company's finances are currently supported by the shareholders and investors along with companies associated to them.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Financial commitments, guarantees and contingencies |
Amounts not provided for in the balance sheet
The total amount of financial commitments not included in the balance sheet is £Nil (2020 - £Nil). In May 1999 the company entered into a license agreement with M M Mannan Esq, a director of the company, for the rights to manufacture and sell an internal television aerial which was invented by Mr Mannan. The agreement is for a period of twenty years and provides a monthly payment of £3,000 to Mr Mannan for the duration of the license. The directors have decided to extend the agreement on the original terms, because income continues to be received on the product invented by Mr Mannan.
Technofoil Ltd
(Registration number: 03743273)
Balance Sheet as at 31 December 2021
For the financial year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
|
• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved and authorised by the
......................................... |