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REGISTERED NUMBER: 09806072 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

TIA CAPITAL LTD

TIA CAPITAL LTD (REGISTERED NUMBER: 09806072)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TIA CAPITAL LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







Director: Ms O Godis





Registered office: Suite 1
7th Floor, 50 Broadway,
London
SW1H OBL





Registered number: 09806072 (England and Wales)





Accountants: Vistra Trust Company Limited
First Floor, Templeback
10 Temple back
Bristol
BS1 6FL

TIA CAPITAL LTD (REGISTERED NUMBER: 09806072)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,590 5,299

CURRENT ASSETS
Debtors 5 8,596 9,666
Cash at bank 191 1,074
8,787 10,740
CREDITORS
Amounts falling due within one year 6 (14,535 ) (5,503 )
NET CURRENT (LIABILITIES)/ASSETS (5,748 ) 5,237
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,158

)

10,536

CAPITAL AND RESERVES
Called up share capital 392,566 392,566
Retained earnings (395,724 ) (382,030 )
SHAREHOLDERS' FUNDS (3,158 ) 10,536

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 13 November 2023 and were signed by:





Ms O Godis - Director


TIA CAPITAL LTD (REGISTERED NUMBER: 09806072)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1. STATUTORY INFORMATION

Tia Capital Ltd 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.

The Company’s functional and presentational currency is pounds sterling (GBP) and the financial statements have been rounded to the nearest pound (£).

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is recognised to the extent that it is probable economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at historical cost less accumulated depreciation and any impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged to profit or loss over the estimated useful economic lives, as follows:

- Computer equipment and Fixtures & fittings: Over 4 years on a straight line basis

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into.

Basic financial liabilities
Basic financial liabilities, including creditors, and loans from fellow group companies are initially recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

Foreign currency translations
Assets and liabilities in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date.Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transactions. Exchange differences are taken into account in arriving at the operating result.

TIA CAPITAL LTD (REGISTERED NUMBER: 09806072)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023

2. ACCOUNTING POLICIES - continued

Going concern
The going concern basis has been considered appropriate by the director as the parent undertaking, Tia Capital LLC, has indicated that it will continue to support the company financially for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 July 2022
and 30 June 2023 5,331 5,505 10,836
Depreciation
At 1 July 2022 1,415 4,122 5,537
Charge for year 1,376 1,333 2,709
At 30 June 2023 2,791 5,455 8,246
Net book value
At 30 June 2023 2,540 50 2,590
At 30 June 2022 3,916 1,383 5,299

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,000 2,812
Other debtors 2,596 6,854
8,596 9,666

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 875 1,843
Other creditors 13,660 3,660
14,535 5,503

7. ULTIMATE CONTROLLING PARTY

The Company is a wholly owned subsidiary of Tia Capital LLC, whose registered office is 4th floor, Standard Chartered Tower, 19-21 Bank Street, Cybercity, Ebene, 72201, Mauritius. Consolidated accounts including the results of Tia Capital Ltd are prepared by Tia Capital LLC.