Company No:
Contents
DIRECTORS | P Dalle-Molle |
Y Kobayashi |
REGISTERED OFFICE | First Floor Scammell House |
9 High Street | |
Ascot | |
SL5 7JF | |
United Kingdom |
COMPANY NUMBER | 02493887 (England and Wales) |
AUDITOR | Dixon Wilson Audit Services LLP |
22 Chancery Lane | |
London | |
WC2A 1LS |
BANKERS | National Westminster Bank Plc |
12 High Street | |
Windsor | |
Berkshire | |
SL4 1NQ |
SOLICITORS | Gregory Rowcliffe & Milners |
1 Bedford Row | |
London | |
WC1R 4BZ |
Note | 2024 | 2023 | ||
£ | £ | |||
Fixed assets | ||||
Tangible assets | 3 |
|
|
|
9,723 | 10,589 | |||
Current assets | ||||
Debtors | ||||
- due within one year | 4 |
|
|
|
- due after more than one year | 4 |
|
|
|
Cash at bank and in hand |
|
|
||
684,389 | 492,427 | |||
Creditors: amounts falling due within one year | 5 | (
|
(
|
|
Net current assets | 168,630 | 98,668 | ||
Total assets less current liabilities | 178,353 | 109,257 | ||
Creditors: amounts falling due after more than one year | 6 | (
|
|
|
Provision for liabilities |
|
(
|
||
Net assets |
|
|
||
Capital and reserves | ||||
Called-up share capital |
|
|
||
Profit and loss account |
|
|
||
Total shareholders' funds |
|
|
These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Takasago (UK) Limited (registered number:
Y Kobayashi
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.
Takasago (UK) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales.
The address of the Company's registered office is
First Floor
Scammell House
9 High Street
Ascot
Berkshire
SL5 7JF
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
The financial statements have been prepared under the historical cost convention.
The presentational currency is sterling (£) and amounts are rounded to the nearest pound.
The financial statements have been prepared on a going concern basis.
The company's only source of income is from its parent company and is therefore wholly reliant on the continuing support of its parent company to continue as a going concern. Its parent company has indicated that it will continue to do business with and provide financial support for the foreseeable future and there are no indications that they will be unable to do so.
The tax expense for the period comprises current tax and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by their reporting date.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
**Depreciation**
Office equipment |
|
Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Ordinary shares are classified as equity.
Dividend distributions to the company's shareholder is recognised in the financial statements in the reporting period in which interim dividends are paid and final dividends are approved by the members.
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
2024 | 2023 | ||
Number | Number | ||
Monthly average number of persons employed by the Company during the year, including directors: |
|
|
Office equipment | Total | ||
£ | £ | ||
Cost | |||
At 01 January 2024 |
|
|
|
Additions |
|
|
|
Disposals | (
|
(
|
|
At 31 December 2024 |
|
|
|
Accumulated depreciation | |||
At 01 January 2024 |
|
|
|
Charge for the financial year |
|
|
|
Disposals | (
|
(
|
|
At 31 December 2024 |
|
|
|
Net book value | |||
At 31 December 2024 |
|
|
|
At 31 December 2023 |
|
|
2024 | 2023 | ||
£ | £ | ||
Debtors: amounts falling due within one year | |||
Amounts owed by group undertakings |
|
|
|
Other debtors |
|
|
|
|
|
||
Debtors: amounts falling due after more than one year | |||
Deferred tax asset |
|
|
2024 | 2023 | ||
£ | £ | ||
Taxation and social security |
|
|
|
Other creditors |
|
|
|
|
|
2024 | 2023 | ||
£ | £ | ||
Other creditors |
|
|
The total amount of financial commitments not included in the balance sheet is £96,867 (2023 - £163,499). Financial commitments not included in the balance sheet relate solely to operating leases.
The audit report was signed by Steven Wakefield on behalf of Dixon Wilson Audit Services LLP.
Parent Company:
|
The most senior parent entity producing publicly available financial statements is Takasago International Corporation. These financial statements are available upon request from Nissay Aroma Square, 17th Floor, 37-1 Kamata 5-Chome, Ohta-Ku, Tokyo, Japan.