Company Registration No. 10142917 (England and Wales)
Itarle (UK) Limited
Unaudited accounts
for the year ended 31 December 2023
Itarle (UK) Limited
Unaudited accounts
Contents
Itarle (UK) Limited
Company Information
for the year ended 31 December 2023
Company Number
10142917 (England and Wales)
Registered Office
4th Floor
Pinnacle House
23-26 Dunstan's Hill
London
EC3R 8HN
Itarle (UK) Limited
Statement of financial position
as at 31 December 2023
Tangible assets
112,450
54,234
Cash at bank and in hand
14,928
32,298
Creditors: amounts falling due within one year
(180,597)
(40,881)
Net current (liabilities)/assets
(100,814)
160,165
Total assets less current liabilities
11,636
214,399
Creditors: amounts falling due after more than one year
-
(17,963)
Called up share capital
10,000
10,000
Profit and loss account
1,636
186,436
Shareholders' funds
11,636
196,436
For the year ending 31 December 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 September 2024 and were signed on its behalf by
Mr Yaohui Yu
Director
Company Registration No. 10142917
Itarle (UK) Limited
Notes to the Accounts
for the year ended 31 December 2023
Itarle (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 10142917. The registered office is 4th Floor, Pinnacle House, 23-26 Dunstan's Hill, London, EC3R 8HN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
5 Years Straight Line Basis
Computer equipment
5 Years Straight Line Basis
Other tangible fixed assets
5 Years Straight Line Basis
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
333
1,853
115,254
117,440
Additions
89,935
-
2,086
92,021
At 31 December 2023
90,268
1,853
117,340
209,461
At 1 January 2023
33
909
62,264
63,206
Charge for the year
15,056
242
18,507
33,805
At 31 December 2023
15,089
1,151
80,771
97,011
At 31 December 2023
75,179
702
36,569
112,450
At 31 December 2022
300
944
52,990
54,234
Itarle (UK) Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
22,504
2,880
Other debtors
26,014
26,641
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
46,575
19,699
Taxes and social security
9,435
(1)
7
Creditors: amounts falling due after more than one year
2023
2022
Amounts owed to group undertakings and other participating interests
-
17,963
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000
10,000
The company is a subsidiary of Itarle International Ltd Registered in the Cayman Islands, and is managed and controlled from 100 Queens Road Central, Central, Hong Kong SAR, which is the ultimate controlling party.
Dividends paid out during the year were 2023: £158,433 (2022: Nil)
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Average number of employees
During the year the average number of employees was 11 (2022: 11).