Taiki Tea Ltd |
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Report to the directors on the preparation of the unaudited statutory accounts of Taiki Tea Ltd for the year ended 30 April 2024 |
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Taiki Tea Ltd for the year ended 30 April 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us. |
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com/ |
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. |
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Coalesco Accountants Limited |
Chartered Certified Accountants |
156 Russell Drive |
Wollaton |
Nottingham |
NG8 2BE |
|
7 January 2025 |
|
Taiki Tea Ltd |
Notes to the Accounts |
for the year ended 30 April 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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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. |
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Turnover |
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Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. |
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Stocks |
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Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
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2 |
Audit information |
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These accounts have been audited by Coalesco Accountants Limited. Their audit report is unqualified and is signed on their behalf by , Senior Statutory Auditor. |
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3 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
2 |
|
2 |
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(including unpaid Directors) |
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4 |
Tangible fixed assets |
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Plant and machinery etc |
£ |
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Cost |
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At 1 May 2023 |
2,060 |
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At 30 April 2024 |
2,060 |
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Depreciation |
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At 1 May 2023 |
851 |
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Charge for the year |
302 |
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At 30 April 2024 |
1,153 |
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Net book value |
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At 30 April 2024 |
907 |
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At 30 April 2023 |
1,209 |
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5 |
Debtors |
2024 |
|
2023 |
£ |
£ |
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Trade debtors |
- |
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2,043 |
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6 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
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Other creditors |
47,832 |
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47,521 |
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7 |
Other information |
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Taiki Tea Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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156 Russell Drive |
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Wollaton |
|
Nottingham |
|
NG8 2BE |