Registered Number
(England and Wales)
Unaudited Financial Statements for the Year ended
31 December 2023
Directors | |
Registered Address | |
Registered Number |
Notes | 2023 | 2022 | ||||||
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£ | £ | £ | £ | |||||
Fixed assets | ||||||||
Tangible assets | 3 | |||||||
Investments | 4 | |||||||
Current assets | ||||||||
Debtors | 6 | |||||||
Cash at bank and on hand | ||||||||
Creditors amounts falling due within one year | 7 | ( | ( | |||||
Net current assets (liabilities) | ( | ( | ||||||
Total assets less current liabilities | ( | ( | ||||||
Net assets | ( | ( | ||||||
Capital and reserves | ||||||||
Called up share capital | ||||||||
Profit and loss account | ( | ( | ||||||
Shareholders' funds | ( | ( |
The financial statements were approved and authorised for issue by the Board of Directors on 27 December 2024, and are signed on its behalf by: |
Director Registered Company No. 10434260 |
1. | Accounting policies |
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Statutory information | |
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Statement of compliance | |
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Basis of preparation | |
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Going concern | |
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Revenue from sale of goods | |
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Employee benefits | |
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Foreign currency translation | |
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Tangible fixed assets and depreciation | |
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Straight line (years) | ||
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Office Equipment |
Investments | |
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2. | Average number of employees |
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2023 | 2022 | |||
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Average number of employees during the year |
3. | Tangible fixed assets |
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Total | ||
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£ | ||
Cost or valuation | ||
At 01 January 23 | ||
Additions | ||
At 31 December 23 | ||
Depreciation and impairment | ||
At 01 January 23 | ||
Charge for year | ||
At 31 December 23 | ||
Net book value | ||
At 31 December 23 | ||
At 31 December 22 |
4. | Fixed asset investments |
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Total | ||
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£ | ||
Cost or valuation | ||
At 01 January 23 | ||
At 31 December 23 | ||
Impairment | ||
Charge for year | ||
At 31 December 23 | ||
Net book value | ||
At 31 December 23 | ||
At 31 December 22 |
5. | Impairment of fixed asset investments |
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During the year, its subsidiary company, Tai United Asset Management Company Limited was struck off from the register of companies. As a result, Tai United Management Company Limited has written off the investment in this subsidiary, amounting to £1. This has been recognised in the profit and loss account as an impairment loss. No additional amounts were received as consideration, and no liabilities remain outstanding to the subsidiary and vice versa. |
6. | Debtors: amounts due within one year |
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2023 | 2022 | |||
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£ | £ | |||
Other debtors | ||||
Prepayments and accrued income | ||||
Total |
7. | Creditors: amounts due within one year |
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2023 | 2022 | |||
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£ | £ | |||
Trade creditors / trade payables | ||||
Amounts owed to related parties | ||||
Accrued liabilities and deferred income | ||||
Total |
8. | Events after reporting date |
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9. | Related party transactions |
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10. | Controlling party |
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In the opinion of the directors, the immediate parent company is Wide Flourish Investments Limited and the ultimate controlling party is Tai United Holdings Limited. The group companies is headed and consolidated by Tai United Holdings Limited, incorporated in Bermuda. The consolidated financial statements of the group companies can be obtained from Room 4202-03A, 42/F, China Resources Building, 26 Harbour Road, Wan Chai, Hong Kong. |