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Company Registration No. 11810116 (England and Wales)
Tulips World Ltd Unaudited accounts for the year ended 30 July 2024
Tulips World Ltd Unaudited accounts Contents
Page
- 2 -
Tulips World Ltd Company Information for the year ended 30 July 2024
Director
Musarrat Tariq
Company Number
11810116 (England and Wales)
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Tulips World Ltd Statement of financial position as at 30 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4,343 
5,296 
Tangible assets
118,034 
143,944 
122,377 
149,240 
Current assets
Inventories
15,000 
15,000 
Debtors
1,152 
36,998 
Cash at bank and in hand
52,738 
37,429 
68,890 
89,427 
Creditors: amounts falling due within one year
(40,877)
(79,666)
Net current assets
28,013 
9,761 
Total assets less current liabilities
150,390 
159,001 
Creditors: amounts falling due after more than one year
(198,333)
(203,652)
Net liabilities
(47,943)
(44,651)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(48,043)
(44,751)
Shareholders' funds
(47,943)
(44,651)
For the year ending 30 July 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 her 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 28 April 2025 and were signed on its behalf by
Musarrat Tariq Director Company Registration No. 11810116
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Tulips World Ltd Notes to the Accounts for the year ended 30 July 2024
1
Statutory information
Tulips World Ltd is a private company, limited by shares, registered in England and Wales, registration number 11810116.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
10% Straight Line
Plant & machinery
18% Reducing Balance
Motor vehicles
18% Reducing Balance
Fixtures & fittings
18% Reducing Balance
Computer equipment
18% Reducing Balance
Other tangible fixed assets
18% Reducing Balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 31 July 2023
18,200 
At 30 July 2024
18,200 
Amortisation
At 31 July 2023
12,904 
Charge for the year
953 
At 30 July 2024
13,857 
Net book value
At 30 July 2024
4,343 
At 30 July 2023
5,296 
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Tulips World Ltd Notes to the Accounts for the year ended 30 July 2024
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 31 July 2023
159,393 
59,679 
219,072 
At 30 July 2024
159,393 
59,679 
219,072 
Depreciation
At 31 July 2023
47,817 
27,311 
75,128 
Charge for the year
20,084 
5,826 
25,910 
At 30 July 2024
67,901 
33,137 
101,038 
Net book value
At 30 July 2024
91,492 
26,542 
118,034 
At 30 July 2023
111,576 
32,368 
143,944 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,152 
36,998 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,481 
2,081 
VAT
33,373 
47,749 
Trade creditors
- 
10,000 
Other creditors
6,023 
12,503 
Loans from directors
- 
7,333 
40,877 
79,666 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
3,652 
Loans from directors
198,333 
200,000 
198,333 
203,652 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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