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REGISTERED NUMBER: 14543798 (England and Wales)







ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

15 DECEMBER 2022 TO 31 DECEMBER 2023

FOR

TERRITORY INTERIORS LTD

TERRITORY INTERIORS LTD (REGISTERED NUMBER: 14543798)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 DECEMBER 2022 TO 31 DECEMBER 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TERRITORY INTERIORS LTD

COMPANY INFORMATION
FOR THE PERIOD 15 DECEMBER 2022 TO 31 DECEMBER 2023







DIRECTOR: Mr S C Panayi





REGISTERED OFFICE: Solar House
282 Chase Road
London
N14 6NZ





REGISTERED NUMBER: 14543798 (England and Wales)





ACCOUNTANTS: Freemans Partnership LLP
Chartered Certified Accountants
Solar House
282 Chase Road
London
N14 6NZ

TERRITORY INTERIORS LTD (REGISTERED NUMBER: 14543798)

ABRIDGED BALANCE SHEET
31 DECEMBER 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 213

CURRENT ASSETS
Stocks 344
Debtors 289
Cash at bank and in hand 103,327
103,960
CREDITORS
Amounts falling due within one year 59,356
NET CURRENT ASSETS 44,604
TOTAL ASSETS LESS CURRENT
LIABILITIES

44,817

CAPITAL AND RESERVES
Called up share capital 5 100
Retained earnings 44,717
SHAREHOLDERS' FUNDS 44,817

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

TERRITORY INTERIORS LTD (REGISTERED NUMBER: 14543798)

ABRIDGED BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the period ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 September 2024 and were signed by:





Mr S C Panayi - Director


TERRITORY INTERIORS LTD (REGISTERED NUMBER: 14543798)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 15 DECEMBER 2022 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

Territory Interiors 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 represents amounts derived from the provision of services to customers during the year, and is recognised at the date the service was provided. This is stated after trade discounts, other sales taxes and net of VAT.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

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 period was 2 .

TERRITORY INTERIORS LTD (REGISTERED NUMBER: 14543798)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 15 DECEMBER 2022 TO 31 DECEMBER 2023


4. TANGIBLE FIXED ASSETS
Totals
£   
COST
Additions 274
At 31 December 2023 274
DEPRECIATION
Charge for period 61
At 31 December 2023 61
NET BOOK VALUE
At 31 December 2023 213

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary £1 100

100 Ordinary shares of £1 each were allotted and fully paid for cash at par during the period.