Tea Drop HQ Limited |
Notes to the Accounts |
for the year ended 30 June 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 (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). |
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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 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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3 |
Debtors |
2024 |
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2023 |
£ |
£ |
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Trade debtors |
6 |
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89 |
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Other debtors |
99 |
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96 |
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105 |
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185 |
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4 |
Creditors: amounts falling due within one year |
2024 |
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2023 |
£ |
£ |
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Trade creditors |
860 |
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318 |
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Taxation and social security costs |
(687) |
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(1,211) |
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Other creditors |
80,075 |
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74,531 |
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80,248 |
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73,638 |
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5 |
Other information |
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Tea Drop HQ Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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Central House |
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124 High Street |
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Hampton Hill |
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Middlesex |
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TW12 1NS |
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6 |
Going concern |
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The accounts are based on the going concern basis which assumes the continued support of Premainie Pty Ltd , the 100% shareholder . The balance owing to Premainie Pty Ltd included in note 4 is £78,574 as at the year end |