TURBULENT FLOW LIMITED

Company Registration Number:
08273562 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

TURBULENT FLOW LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

TURBULENT FLOW LIMITED

Company Information

for the Period Ended 31 October 2023




Director: H W Loh
K M Loh
Secretary: S Pinnell
Registered office: 10
Bosmere Gardens
Emsworth
PO10 7NP
Company Registration Number: 08273562 (England and Wales)

TURBULENT FLOW LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 549 1,080
Total fixed assets: 549 1,080
Current assets
Debtors: 5 15,131
Cash at bank and in hand: 14,533 28,318
Total current assets: 14,533 43,449
Creditors: amounts falling due within one year: 6 ( 15,027 ) ( 23,272 )
Net current assets (liabilities): ( 494 ) 20,177
Total assets less current liabilities: 55 21,257
Total net assets (liabilities): 55 21,257

The notes form part of these financial statements

TURBULENT FLOW LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 45 21,247
Shareholders funds: 55 21,257

For the year ending 31 October 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: H W Loh
Status: Director

The notes form part of these financial statements

TURBULENT FLOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Fixtures, fittings, tools and equipment: Over 5 years

TURBULENT FLOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

TURBULENT FLOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

TURBULENT FLOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 November 2022 4,237 4,237
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 October 2023 4,237 4,237
Depreciation
At 01 November 2022 3,157 3,157
Charge for year 531 531
On disposals - -
Other adjustments - -
At 31 October 2023 3,688 3,688
Net book value
At 31 October 2023 549 549
At 31 October 2022 1,080 1,080

TURBULENT FLOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Debtors


2023
£

2022
£
Trade debtors 15,131
Total 15,131

TURBULENT FLOW LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Taxation and social security 13,892 21,450
Other creditors 1,135 1,822
Total 15,027 23,272