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REGISTERED NUMBER: 10549132 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Titanium Wok Ltd

Titanium Wok Ltd (Registered number: 10549132)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Titanium Wok Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Ms S C Tan





REGISTERED OFFICE: The Coach House
1 Howard Road
Reigate
Surrey
RH2 7JE





REGISTERED NUMBER: 10549132 (England and Wales)





ACCOUNTANTS: ACL & Co
Chartered Certified Accountants
The Coach House
1 Howard Road
Reigate
RH2 7JE

Titanium Wok Ltd (Registered number: 10549132)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 7,049 9,399
Tangible assets 5 1,228 1,638
8,277 11,037

CURRENT ASSETS
Stocks 500 500
Debtors 6 8,248 8,108
Cash at bank and in hand 9,356 17,501
18,104 26,109
CREDITORS
Amounts falling due within one year 7 13,191 11,609
NET CURRENT ASSETS 4,913 14,500
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,190

25,537

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 13,090 25,437
13,190 25,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

Titanium Wok Ltd (Registered number: 10549132)

Balance Sheet - continued
31 January 2024


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 1 August 2024 and were signed by:





Ms S C Tan - Director


Titanium Wok Ltd (Registered number: 10549132)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Titanium Wok 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

Titanium Wok Ltd (Registered number: 10549132)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 23,499
AMORTISATION
At 1 February 2023 14,100
Charge for year 2,350
At 31 January 2024 16,450
NET BOOK VALUE
At 31 January 2024 7,049
At 31 January 2023 9,399

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023
and 31 January 2024 1 4,342 4,343
DEPRECIATION
At 1 February 2023 - 2,705 2,705
Charge for year - 410 410
At 31 January 2024 - 3,115 3,115
NET BOOK VALUE
At 31 January 2024 1 1,227 1,228
At 31 January 2023 1 1,637 1,638

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Rent deposit 5,750 5,750
Prepayments 2,498 2,358
8,248 8,108

Titanium Wok Ltd (Registered number: 10549132)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Tax 47 3,160
Social security and other taxes (12 ) 5
VAT 4,602 5,213
Other creditors 73 73
Directors' current accounts 5,883 442
Accrued expenses 2,598 2,716
13,191 11,609

Titanium Wok Ltd

Report of the Accountants to the Director of
Titanium Wok Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






ACL & Co
Chartered Certified Accountants
The Coach House
1 Howard Road
Reigate
RH2 7JE


Date: .............................................