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
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
TEMPO LIBERO LTD
Statement of financial position
as at 31 October 2022
Cash at bank and in hand
(32,679)
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)
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
TEMPO LIBERO LTD
Notes to the Accounts
for the year ended 31 October 2022
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Charge for the year
203
34,526
34,729
At 31 October 2022
203
34,526
34,729
At 31 October 2022
922
157,286
158,208
Amounts falling due within one year
TEMPO LIBERO LTD
Notes to the Accounts
for the year ended 31 October 2022
6
Creditors: amounts falling due within one year
2022
Loans from directors
61,601
7
Creditors: amounts falling due after more than one year
2022
8
Average number of employees
During the year the average number of employees was 6.