TEMPO LIBERO LTD


1 November 2021 false No description of principal activity Taxfiler 2023.5.5 08786315business:PrivateLimitedCompanyLtd2021-11-012022-10-31 087863152021-10-31 087863152021-11-012022-10-31 08786315business:AuditExempt-NoAccountantsReport2021-11-012022-10-31 08786315business:FullAccounts2021-11-012022-10-31 087863152022-10-31 08786315business:Director12021-11-012022-10-31 08786315business:Director22021-11-012022-10-31 08786315business:Director32021-11-012022-10-31 08786315business:RegisteredOffice2021-11-012022-10-31 08786315core:WithinOneYear2022-10-31 08786315core:AfterOneYear2022-10-31 08786315core:ShareCapital2022-10-31 08786315core:RetainedEarningsAccumulatedLosses2022-10-31 08786315business:SmallEntities2021-11-012022-10-31 08786315countries:EnglandWales2021-11-012022-10-31 08786315core:LandBuildings2021-11-012022-10-31 08786315core:PlantMachinery2021-11-012022-10-31 08786315core:LandBuildings2021-10-31 08786315core:PlantMachinery2021-10-31 08786315core:LandBuildings2022-10-31 08786315core:PlantMachinery2022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 08786315 (England and Wales)
TEMPO LIBERO LTD Unaudited accounts for the year ended 31 October 2022
TEMPO LIBERO LTD Unaudited accounts Contents
Page
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TEMPO LIBERO LTD Company Information for the year ended 31 October 2022
Directors
Gokay Arabaci Joel Beckford Davinder Singh Johal
Company Number
08786315 (England and Wales)
Registered Office
SECOND FLOOR 26 GOODGE STREET LONDON W1T 2QG UNITED KINGDOM
Accountants
Accountingpreneur Limited Second Floor 26 Goodge Street Fitzrovia London W1T 2QG
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TEMPO LIBERO LTD Statement of financial position as at 31 October 2022
2022 
Notes
£ 
Fixed assets
Tangible assets
158,208 
Current assets
Debtors
58,840 
Cash at bank and in hand
(32,679)
26,161 
Creditors: amounts falling due within one year
(128,612)
Net current liabilities
(102,451)
Total assets less current liabilities
55,757 
Creditors: amounts falling due after more than one year
(423,242)
Net liabilities
(367,485)
Capital and reserves
Called up share capital
10 
Profit and loss account
(367,495)
Shareholders' funds
(367,485)
For the year ending 31 October 2022 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 28 July 2023 and were signed on its behalf by
Davinder Singh Johal Director Company Registration No. 08786315
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TEMPO LIBERO LTD Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
TEMPO LIBERO LTD is a private company, limited by shares, registered in England and Wales, registration number 08786315. The registered office is SECOND FLOOR, 26 GOODGE STREET, LONDON, W1T 2QG, UNITED KINGDOM.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight Line Method @18%
Plant & machinery
Straight Line Method @18%
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2021
1,125 
191,812 
192,937 
At 31 October 2022
1,125 
191,812 
192,937 
Depreciation
Charge for the year
203 
34,526 
34,729 
At 31 October 2022
203 
34,526 
34,729 
Net book value
At 31 October 2022
922 
157,286 
158,208 
5
Debtors
2022 
£ 
Amounts falling due within one year
VAT
40,802 
Trade debtors
18,038 
58,840 
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TEMPO LIBERO LTD Notes to the Accounts for the year ended 31 October 2022
6
Creditors: amounts falling due within one year
2022 
£ 
VAT
65,511 
Loans from directors
61,601 
Accruals
1,500 
128,612 
7
Creditors: amounts falling due after more than one year
2022 
£ 
Bank loans
(33,827)
Other creditors
457,069 
423,242 
8
Average number of employees
During the year the average number of employees was 6.
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