2022-07-05 2023-07-31 false Capium Accounts Production 1.1 14216769 bus:AbridgedAccounts 2022-07-05 2023-07-31 14216769 bus:FRS102 2022-07-05 2023-07-31 14216769 bus:AuditExemptWithAccountantsReport 2022-07-05 2023-07-31 14216769 bus:SmallCompaniesRegimeForAccounts 2022-07-05 2023-07-31 14216769 bus:PrivateLimitedCompanyLtd 2022-07-05 2023-07-31 14216769 2022-07-05 2023-07-31 14216769 2023-07-31 14216769 bus:RegisteredOffice 2022-07-05 2023-07-31 14216769 core:WithinOneYear 2023-07-31 14216769 core:AfterOneYear 2023-07-31 14216769 bus:Director1 2022-07-05 2023-07-31 14216769 bus:Director1 2023-07-31 14216769 2021-07-05 14216769 bus:CompanySecretary1 2022-07-05 2023-07-31 14216769 bus:LeadAgentIfApplicable 2022-07-05 2023-07-31 14216769 2022-07-04 14216769 core:FurnitureFittings 2022-07-05 2023-07-31 14216769 core:FurnitureFittings 2023-07-31 14216769 core:FurnitureFittings 2022-07-04 14216769 core:ComputerEquipment 2022-07-05 2023-07-31 14216769 core:ComputerEquipment 2023-07-31 14216769 core:ComputerEquipment 2022-07-04 14216769 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 14216769 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-07-04 14216769 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 14216769 core:CostValuation core:Non-currentFinancialInstruments 2022-07-04 14216769 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-07-31 14216769 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 14216769 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-07-31 14216769 core:Non-currentFinancialInstruments 2023-07-31 14216769 core:Non-currentFinancialInstruments 2022-07-04 14216769 core:ShareCapital 2023-07-31 14216769 core:RetainedEarningsAccumulatedLosses 2023-07-31 14216769 dpl:Item1 2022-07-05 14216769 dpl:Item1 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 14216769


 

 

 

TELU HOLDINGS LTD


Abridged Accounts
 


Period of accounts

Start date: 05 July 2022

End date: 31 July 2023
 
 
Notes
 
2023
£
Fixed assets    
Tangible fixed assets 3 24,422 
24,422 
Current assets    
Debtors 36,690 
Cash at bank and in hand 7,107 
43,797 
Creditors: amount falling due within one year (427,320)
Net current liabilities (383,523)
 
Total assets less current liabilities (359,101)
Net liabilities (359,101)
 

Capital and reserves
   
Called up share capital 100 
Profit and loss account (359,201)
Shareholder's funds (359,101)
 


For the period ended 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 17 November 2023 and were signed by:


-------------------------------
Shamim Haider Ali MUKHTAR
Director
1
General Information
TELU HOLDINGS LTD is a private company, limited by shares, registered in , registration number 14216769, registration address 2 2ND FLOOR, 2 VICTORIA AVENUE, HARROGATE ENGLAND, LEEDS, HG1 1EL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Website cost
Planning and operating costs for the company's website are charged to the income statement as incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 6% Reducing Balance
Computer Equipment 18% Reducing Balance
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the period was 50.
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 05 July 2022    
Additions 1,389    24,139    25,528 
Disposals    
At 31 July 2023 1,389    24,139    25,528 
Depreciation
At 05 July 2022    
Charge for period 25    1,081    1,106 
On disposals    
At 31 July 2023 25    1,081    1,106 
Net book values
Closing balance as at 31 July 2023 1,364    23,058    24,422 
Opening balance as at 05 July 2022    


2