1 August 2022 false No description of principal activity Taxfiler 2024.5 11810116business:PrivateLimitedCompanyLtd2022-08-012023-07-30 118101162022-07-31 118101162022-08-012023-07-30 11810116business:AuditExempt-NoAccountantsReport2022-08-012023-07-30 11810116business:FilletedAccounts2022-08-012023-07-30 118101162023-07-30 11810116business:Director12022-08-012023-07-30 118101162022-07-31 11810116core:WithinOneYear2023-07-30 11810116core:WithinOneYear2022-07-31 11810116core:AfterOneYear2023-07-30 11810116core:AfterOneYear2022-07-31 11810116core:ShareCapitalcore:PreviouslyStatedAmount2023-07-30 11810116core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 11810116core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-30 11810116core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 11810116core:PreviouslyStatedAmount2023-07-30 11810116core:PreviouslyStatedAmount2022-07-31 11810116business:SmallEntities2022-08-012023-07-30 11810116countries:EnglandWales2022-08-012023-07-30 11810116core:LandBuildings2022-08-012023-07-30 11810116core:PlantMachinery2022-08-012023-07-30 11810116core:MotorVehicles2022-08-012023-07-30 11810116core:FurnitureFittings2022-08-012023-07-30 11810116core:ComputerEquipment2022-08-012023-07-30 11810116core:OtherPropertyPlantEquipment2022-08-012023-07-30 11810116core:IntangibleAssetsOtherThanGoodwill2022-07-31 11810116core:IntangibleAssetsOtherThanGoodwill2023-07-30 11810116core:IntangibleAssetsOtherThanGoodwill2022-08-012023-07-30 11810116core:LandBuildings2022-07-31 11810116core:PlantMachinery2022-07-31 11810116core:LandBuildings2023-07-30 11810116core:PlantMachinery2023-07-30 118101162021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 11810116 (England and Wales)
Tulips World Ltd Unaudited accounts for the period from 1 August 2022 to 30 July 2023
Tulips World Ltd Unaudited accounts Contents
Page
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Tulips World Ltd Company Information for the period from 1 August 2022 to 30 July 2023
Director
Musarrat Tariq
Company Number
11810116 (England and Wales)
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Tulips World Ltd Statement of financial position as at 30 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
5,296 
6,458 
Tangible assets
143,944 
166,988 
149,240 
173,446 
Current assets
Inventories
15,000 
3,000 
Debtors
36,998 
47,113 
Cash at bank and in hand
37,429 
14,932 
89,427 
65,045 
Creditors: amounts falling due within one year
(79,666)
(82,086)
Net current assets/(liabilities)
9,761 
(17,041)
Total assets less current liabilities
159,001 
156,405 
Creditors: amounts falling due after more than one year
(203,652)
(205,733)
Net liabilities
(44,651)
(49,328)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(44,751)
(49,428)
Shareholders' funds
(44,651)
(49,328)
For the period ending 30 July 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 her 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 19 June 2024 and were signed on its behalf by
Musarrat Tariq Director Company Registration No. 11810116
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Tulips World Ltd Notes to the Accounts for the period from 1 August 2022 to 30 July 2023
1
Statutory information
Tulips World Ltd is a private company, limited by shares, registered in England and Wales, registration number 11810116.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
10% Straight Line
Plant & machinery
18% Reducing Balance
Motor vehicles
18% Reducing Balance
Fixtures & fittings
18% Reducing Balance
Computer equipment
18% Reducing Balance
Other tangible fixed assets
18% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2022
18,200 
At 30 July 2023
18,200 
Amortisation
At 1 August 2022
11,742 
Charge for the period
1,162 
At 30 July 2023
12,904 
Net book value
At 30 July 2023
5,296 
At 31 July 2022
6,458 
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Tulips World Ltd Notes to the Accounts for the period from 1 August 2022 to 30 July 2023
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
159,393 
59,679 
219,072 
At 30 July 2023
159,393 
59,679 
219,072 
Depreciation
At 1 August 2022
31,878 
20,206 
52,084 
Charge for the period
15,939 
7,105 
23,044 
At 30 July 2023
47,817 
27,311 
75,128 
Net book value
At 30 July 2023
111,576 
32,368 
143,944 
At 31 July 2022
127,515 
39,473 
166,988 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
36,998 
32,967 
Accrued income and prepayments
- 
2,459 
Other debtors
- 
11,687 
36,998 
47,113 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
2,081 
2,081 
VAT
47,749 
19,094 
Trade creditors
10,000 
9,883 
Taxes and social security
- 
884 
Other creditors
12,503 
41,611 
Loans from directors
7,333 
7,333 
Accruals
- 
1,200 
79,666 
82,086 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
3,652 
5,733 
Loans from directors
200,000 
200,000 
203,652 
205,733 
9
Average number of employees
During the period the average number of employees was 0 (2022: 0).
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