TY INTERNATIONAL LTD

Company Registration Number:
10826374 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

TY INTERNATIONAL LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

TY INTERNATIONAL LTD

Company Information

for the Period Ended 30 June 2024




Director: DR CHAO-SHENG CHEN
CHENG-HUI HOU
Registered office: 15
Homefield Road
Edgware
GBR
HA8 0PT
Company Registration Number: 10826374 (England and Wales)

TY INTERNATIONAL LTD

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 2,084 2,255
Total fixed assets: 2,084 2,255
Current assets
Stocks: 4,057 5,944
Debtors: 3,899 1,471
Cash at bank and in hand: 3,524 2,921
Total current assets: 11,480 10,336
Creditors: amounts falling due within one year: ( 20,172 ) ( 12,034 )
Net current assets (liabilities): ( 8,692 ) ( 1,698 )
Total assets less current liabilities: ( 6,608 ) 557
Provision for liabilities: ( 396 ) ( 428 )
Total net assets (liabilities): ( 7,004 ) 129

The notes form part of these financial statements

TY INTERNATIONAL LTD

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 7,104 ) 29
Shareholders funds: ( 7,004 ) 129

For the year ending 30 June 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 28 November 2024
And Signed On Behalf Of The Board By:

Name: DR CHAO-SHENG CHEN
Status: Director

The notes form part of these financial statements

TY INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is the total amount receivable by the company for services rendered and disbursements charged to clients during the year, excluding Vat. Turnover is recognised when a right to consideration has been obtained through performance under each contract and reflects the contract activity during the year having regard to the stage of completion of each contract and the relative uncertainty of predicting ultimate profitability on long term assignments.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following reducing balance rates in order to write off each asset over its estimated useful life.

    Fixtures and equipment 25%

    Other accounting policies

    Deferred tax The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. Tax deferred or accelerated is accounted for in respect of all timing differences. Hire purchase and leasing commitments Rentals paid under operating leases are charged to the income and expenditure account on a straight-line basis over the year of the lease.

TY INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

TY INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

TY INTERNATIONAL LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible Assets

Total
Cost £
At 01 July 2023 7,054
Additions 524
Disposals (0)
Revaluations 0
Transfers 0
At 30 June 2024 7,578
Depreciation
At 01 July 2023 4,799
Charge for year 695
On disposals (0)
Other adjustments 0
At 30 June 2024 5,494
Net book value
At 30 June 2024 2,084
At 30 June 2023 2,255