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REGISTERED NUMBER: 02508189 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2024

FOR

TULMA LIMITED

TULMA LIMITED (REGISTERED NUMBER: 02508189)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st May 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TULMA LIMITED

COMPANY INFORMATION
for the Year Ended 31st May 2024







DIRECTORS: Mr P S Panchaud
Mrs A K Panchaud





SECRETARY: Mr P S Panchaud





REGISTERED OFFICE: 100 Barbirolli Square
Manchester
M2 3BD





REGISTERED NUMBER: 02508189 (England and Wales)





ACCOUNTANTS: Xeinadin
100 Barbirolli Square
Manchester
M2 3BD

TULMA LIMITED (REGISTERED NUMBER: 02508189)

BALANCE SHEET
31st May 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Cash at bank 78,961 91,806

CREDITORS
Amounts falling due within one year 4 (1,776,177 ) (1,788,695 )
NET CURRENT LIABILITIES (1,697,216 ) (1,696,889 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,697,216

)

(1,696,889

)

CAPITAL AND RESERVES
Called up share capital 5 510,002 510,002
Retained earnings (2,207,218 ) (2,206,891 )
SHAREHOLDERS' FUNDS (1,697,216 ) (1,696,889 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2nd September 2024 and were signed on its behalf by:





Mr P S Panchaud - Director


TULMA LIMITED (REGISTERED NUMBER: 02508189)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st May 2024


1. STATUTORY INFORMATION

Tulma Limited is a private limited company limited by share capital, incorporated in England and Wales, registration number 02508189.The registered office is 100 Barbirolli Square, Manchester, M2 3BD and The address of the principal place of business is Fir Trees, Huntly Road, Aboyne, AB34 5HE. .

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.

At the reporting date, the company's liabilities exceed its assets. The company has received assurance from the directors that they will continue to give financial support to the company for twelve months from the date of approval of these financial statements. On this basis, the directors consider it appropriate to prepare the accounts on a going concern basis.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the profit and loss accountProfit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 1,776,177 1,788,695

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1.00 2 2
510,000 Ordinary A £1.00 510,000 510,000
510,002 510,002