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Registered Number: 12960632
England and Wales

 

 

 

TAUREAN EMPIRE LTD


Unaudited Filleted Financial Statements
 


Period of accounts

Start date: 01 November 2022

End date: 31 October 2023
Director Fadekemi Olateju
Registered Number 12960632
Registered Office 14 St. John's Terrace
London
E7 8BX
Accountants ASR Accountancy Ltd
18 Barking Road
London
E6 3BP
1
 
 
Notes
 
2023
£
  2022
£
Current assets      
Stocks 3 4,623    4,000 
Cash at bank and in hand 233    37 
4,856    4,037 
Creditors: amount falling due within one year 4   (10,586)
Net current assets 4,856    (6,549)
 
Total assets less current liabilities 4,856    (6,549)
Creditors: amount falling due after more than one year 5 (22,914)  
Net assets (18,058)   (6,549)
 

Capital and reserves
     
Called up share capital 6   100 
Profit and loss account (18,058)   (6,649)
Shareholders' funds (18,058)   (6,549)
 


For the year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the director on 31 October 2024 and were signed by:


-------------------------------
Fadekemi Olateju
Director
2
General Information
Taurean Empire Ltd is a private company, limited by shares, registered in England and Wales, registration number 12960632, registration address 14 St. John's Terrace, London, E7 8BX.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 1 (2022 : 1).
3.

Stocks

2023
£
  2022
£
Stocks 4,623    4,000 
4,623    4,000 

4.

Creditors: amount falling due within one year

2023
£
  2022
£
Other Creditors   600 
Directors' Current Accounts   9,986 
  10,586 

5.

Creditors: amount falling due after more than one year

2023
£
  2022
£
Directors' Loan Accounts 22,914   
22,914   

6.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
100 Class A shares of £1.00 each 100    100 
100    100 

3