Company Registration No. 14036930 (England and Wales)
TYCHE UK OFFICE LTD
Unaudited accounts
for the year ended 30 April 2024
TYCHE UK OFFICE LTD
Unaudited accounts
Contents
TYCHE UK OFFICE LTD
Company Information
for the year ended 30 April 2024
Company Number
14036930 (England and Wales)
Registered Office
38 High Street
New Malden
Surrey
KT3 4HE
United Kingdom
Accountants
FURUICHOI & CO
Chartered Accountants
69 Station Road
Hampton
Greater London
TW12 2BT
TYCHE UK OFFICE LTD
Statement of financial position
as at 30 April 2024
Tangible assets
7,991
6,122
Cash at bank and in hand
3,452
1,690
Creditors: amounts falling due within one year
(15,768)
(11,420)
Net current assets
20,524
21,013
Called up share capital
20,000
20,000
Profit and loss account
8,515
7,135
Shareholders' funds
28,515
27,135
For the year ending 30 April 2024 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 his 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 30 January 2025 and were signed on its behalf by
Mr H SIM
Director
Company Registration No. 14036930
TYCHE UK OFFICE LTD
Notes to the Accounts
for the year ended 30 April 2024
TYCHE UK OFFICE LTD is a private company, limited by shares, registered in England and Wales, registration number 14036930. The registered office is 38 High Street, New Malden, Surrey, KT3 4HE, United Kingdom.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Fixtures & fittings
15% reducing balance
Computer equipment
10% reducing balance
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date.
The director has reasonable expectation that the Company as a wholly owned subsidiary has adequate resources from its parent company in South Korea to continue in operational existence in the UK for the foreseeable future. Accordingly, the director has prepared the financial statements under the going concern basis.
TYCHE UK OFFICE LTD
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
-
6,802
6,802
Additions
1,706
1,146
2,852
At 30 April 2024
1,706
7,948
9,654
Charge for the year
256
727
983
At 30 April 2024
256
1,407
1,663
At 30 April 2024
1,450
6,541
7,991
At 30 April 2023
-
6,122
6,122
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,866
1,486
Taxes and social security
-
2,626
7
Average number of employees
During the year the average number of employees was 2 (2023: 1).