TULU TECH LTD Filleted Accounts Cover |
Company No. 13527071 | |||||||||
TULU TECH LTD Directors Report Registrar |
The Director presents his report and the accounts for the period ended 31 December 2023. | |||||||||
Principal activities | |||||||||
Statement of directors' responsibilities | |||||||||
The Director is responsible for preparing the Director's report and the accounts in accordance with applicable law and regulations. Company law requires the director to prepare accounts for each financial year. Under that law the director has elected to prepare the accounts in accordance with united Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the accounts unless he is satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the director is required to: • select suitable accounting policies and then apply them consistently; • make judgments and estimates that are reasonable and prudent; • state whether applicable United Kingdom Accounting Standards, comprising FRS 102 Section 1A, have been followed, subject to any material departures disclosed and explained in the financial statements; • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The director is responsible for keeping adequate accounting records that show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him to ensure that the financial statements comply with the Companies Act 2006. He is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. | |||||||||
Director | |||||||||
The Director who served at any time during the period was as follows: | |||||||||
L. Boumard | |||||||||
Signed on behalf of the board | |||||||||
L. Boumard | |||||||||
Director | |||||||||
30 July 2024 |
TULU TECH LTD Balance Sheet Registrar |
at | December | July | ||||||||
Company No. | Notes | 2023 | 2022 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 5 | |||||||||
Current assets | ||||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 7 | ( | ( | |||||||
Net current liabilities | ( | ( | ||||||||
Total assets less current liabilities | ( | |||||||||
Net assets/(liabilities) | ( | |||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 9 | ( | ||||||||
Total equity | ( | |||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 30 July 2024 and signed on its behalf by: | ||||||||||
L. Boumard | ||||||||||
Director | ||||||||||
30 July 2024 |
TULU TECH LTD Notes to the Accounts Registrar |
for the period ended 31 December 2023 | ||||||||||||||
1 | General information | |||||||||||||
TULU TECH LTD is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 13527071 | ||||||||||||||
Its registered office is: | ||||||||||||||
Going concern | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Tangible fixed assets and depreciation | ||||||||||||||
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. | ||||||||||||||
Leasehold land and buildings | ||||||||||||||
Plant and machinery | ||||||||||||||
Furniture, fittings and equipment | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. As at 31 December 2023 the Company has taxable losses carried forward to the next period. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
Foreign currencies | ||||||||||||||
Defined contribution pensions | ||||||||||||||
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds. | ||||||||||||||
Judgements and key sources of estimation uncertainty | ||||||||||||||
3 | Change in length of the reporting period | |||||||||||||
During the financial year, the company extended its accounting period to align the year-end with other companies within the group. Consequently, the financial statements have been prepared for a 17-month period from 1 August 2022 to 31 December 2023, compared to the previous 12-month period. As a result, the comparative figures are not directly comparable. | ||||||||||||||
4 | Employees | December | July | |||||||||||
2023 | 2022 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the period: | ||||||||||||||
5 | Tangible fixed assets | |||||||||||||
Land and buildings | Plant and machinery | Fixtures, fittings and equipment | Total | |||||||||||
£ | £ | £ | £ | |||||||||||
Cost or revaluation | ||||||||||||||
At 1 August 2022 | ||||||||||||||
Additions | ||||||||||||||
At 31 December 2023 | ||||||||||||||
Depreciation | ||||||||||||||
At 1 August 2022 | ||||||||||||||
Charge for the year | ||||||||||||||
At 31 December 2023 | ||||||||||||||
Net book values | ||||||||||||||
At 31 December 2023 | ||||||||||||||
At 31 July 2022 | 357,765 | 80,758 | 5,875 | |||||||||||
6 | Debtors | December | July | |||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Trade debtors | ||||||||||||||
VAT recoverable | ||||||||||||||
Other debtors | ||||||||||||||
Prepayments and accrued income | ||||||||||||||
7 | Creditors: | |||||||||||||
amounts falling due within one year | December | July | ||||||||||||
2023 | 2022 | |||||||||||||
£ | £ | |||||||||||||
Other loans | ||||||||||||||
Trade creditors | ||||||||||||||
Taxes and social security | ||||||||||||||
Other creditors | ||||||||||||||
Accruals and deferred income | ||||||||||||||
8 | Share Capital | |||||||||||||
Ordinary shares | ||||||||||||||
9 | Reserves | |||||||||||||
10 | Related party disclosures | |||||||||||||
Transactions with related parties | ||||||||||||||
Parent Company | ||||||||||||||
The name of the parent of the smallest group for which consolidated financial statements are drawn up of which this entity is a member: | ||||||||||||||
Tulou Community Ltd | ||||||||||||||
The parent's registered office address is: | ||||||||||||||
Saharon 12 | ||||||||||||||
Tel Aviv | ||||||||||||||
Israel | ||||||||||||||
6804806 | ||||||||||||||